Ageing of most societies is driven by two factors: (1) birth rates are declining and (2) people are living longer … retirement. We develop an overlapping generation model in order to analyse the effects of ageing on the efficiency of retirement … old generation and that ageing makes a transfer via pay-as-you-go pension relatively more attractive. In optimum, the …

Ageing is the major challenge for the PAYG pension systems in developed countries. Most of them are undergoing reforms …

pensionable age will also help counter the effects of ageing. Lifting national saving, partly by targeting a higher public saving …

increase the labour force participation of youth, childbearing age women and the long-term unemployed. Finally, ageing should …

. This issue is significant because of the threats and challenges associated with process of rapid ageing of Polish society … discusses social theories of ageing, historical factors affecting on the social position of old people category, changes in … economy. It also features ageing population issue, as well as social policy towards the elderly and old age in Bialystok as …

facilitates investigation of distortionary effects of fiscal and pension policy responses to ageing. The model is calibrated to … the Finnish economy, which will encounter substantial ageing pressures in the near future. During the transition to an … older population structure ageing costs can be substantially lowered by allowing public funds to smooth out the tax …

In this report I call attention to the ageing of Europe’s community and the disadvantageous effect of ageing. I list …