from Turkey and India, developing countries rank low due to low spending on the old (pensions, health care) and the young …

, state-contingent government bonds are a better risk sharing tools than pensions, which become too costly, or taxation, which … improvements. To the extent that public pensions remain important, plans with wage-indexed defined benefits seem preferable to …

, state-contingent government bonds are a better risk sharing tools than pensions, which become too costly, or taxation, which … improvements. To the extent that public pensions remain important, plans with wage-indexed defined benefits seem preferable to …

Pensions and population aging intersect in two ways. First, demographic change threatens the sustainability of … traditional pay-as-you-go social security pensions, leaving workplace-linked pensions with a greater role in retirement provision … reviews some of the implications of population aging for workplace pensions in this new environment, outlines market …

pressures to expand the coverage of public pensions and raise pension benefits will likely increase. The first objective of this … paper is to identify the potential fiscal burden of public pensions in 23 emerging Asian economies, based on econometric …