-- Chapter 8. Modeling the Macroeconomic Effects of Pension Systems -- Chapter 9. Financial Sustainability of Public Pension … System -- Chapter 10. Econometric Study on the Financial Sustainability of Public Pension Systems -- Chapter 11. Conclusions …The sustainability of public pension systems has become an important aspect for governments and institutions worldwide …

The sustainability of public pension systems has become an important aspect for governments and institutions worldwide …. This book addresses the multiple elements that influence the sustainability of pension systems with a special focus on … sustainability of public pension systems versus the adequacy of benefits provided, public pension systems compared to private pension …

sustainability factor, scheduled to come into effect in 2019 but delayed until 2023, and its ultimate reversal cannot be ruled out … work. This work was only intended to analyze the impact of the Sustainability Factor, therefore, it did not take into … the data used is the second contribution of this work. The application of the sustainability factor would improve the …

with these issues. Still, some countries have made substantial progress in securing the long-term sustainability of their … ; welfare state ; public expenditure ; fiscal sustainability ; policy reforms …

-term sustainability. We argue that the latest reforms have moved pension provision in Germany in principle from a defined benefit to a …