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paper focuses on the pension reform process in Europe. It links the causes for current problems to the cures required to … make the pay-as-you-go entitlement programs in Continental Europe sustainable above and beyond the financial crisis. It …
Persistent link: https://www.econbiz.de/10012460651
countries, under-diversification of assets threatens to undermine the impact of multi-pillar reform on fiscal sustainability …
Persistent link: https://www.econbiz.de/10014221173
This paper presents the methodology and results of labour force projections over the long term (until 2050) for each of the 25 EU Member States. These projections were undertaken in order to provide the background technical inputs for the assessment of the potential economic and fiscal impact of...
Persistent link: https://www.econbiz.de/10014060418
Population aging and pension reform will have profound effects on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when a pension reform shifts old-age provision towards more pre-funding....
Persistent link: https://www.econbiz.de/10014063605
Persistent link: https://www.econbiz.de/10013445922
Persistent link: https://www.econbiz.de/10013445926
The ageing, financial and labour market challenges facing the old age pension systems of the member states of the European Union are well known. Those who cast doubt on the ability of the present system of pension provision - at least to the extent that it is pay-as-you-go financed - to cope...
Persistent link: https://www.econbiz.de/10013521877
Persistent link: https://www.econbiz.de/10013531557
Population aging and pension reform will have profound effects on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second this process may be amplified when a pension reform shifts old-age provision towards more pre-funding....
Persistent link: https://www.econbiz.de/10013227231
This paper explores how the Stability and Growth Pact (SGP) may cope with the future costs of population ageing in the European Union. Clearly, population ageing has forced countries to reform their pension systems, and will continue to do so, both by reducing the generosity of pension...
Persistent link: https://www.econbiz.de/10013111459