generations and the sustainability of public finances. Rising old-age dependency ratios will put the financing of adequate … pensions, health and long-term care under high pressure. The paper provides recommendations on policy responses to address … pensions, incentivising private savings, enhancing the efficiency of health care provision, expanding the coverage of social …

, unemployment insurance and pensions, as well as investment in education, are seen as key ways to reduce household demand for …

the potential benefits of mixed systems in which a PAYG system with notional accounts is complemented by a funded pensions … not clearly depend on the relative importance of PAYG over funded pensions systems, suggesting that other factors are even …

that growth can be enhanced by the introduction of pay-as-you-go pensions even if the growth rate of aggregate wages falls …

, unemployment insurance and pensions, as well as investment in education, are seen as key ways to reduce household demand for …

In this paper we examine the sustainability of euro area public finances against thebackdrop of population ageing. We … indicators to quantify sustainability gaps for euro area countries. Withrespect to the policy implications, we assess the … appropriateness of different budgetarystrategies to restore fiscal sustainability taking into account intergenerational equity …