Conde-Ruiz, José Ignacio; González, Clara I. - In: SERIEs : Journal of the Spanish Economic Association 7 (2016) 4, pp. 461-490
age, reducing the replacement rate, or introducing a sustainability factor linking pension to life expectancy. The aim of … Spain but that could have a significant impact if it were fully implemented. This reform, called ‘silent reform’ because it … is imperceptible to citizens in its early stages, basically consists in increasing maximum pensions in line with …