This paper discusses two topics which are at the very center of the ongoing political debate on public pension reform … welfareimproving pension reform with a transition from a PAYGO to a funded system at its center. …

-Keynesian macroeconomics of pension reform in closed and open economies -- 7. Classical and neoclassical perspectives on the welfare state and …

This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects … supply. We show how several popular reform scenarios are geared either towards young or old workers, or, indeed, both groups … implicit in contribution rates. -- pension reform ; retirement ; hours worked ; tax benefit link ; actuarial adjustment …