Breyer, Friedrich; Hupfeld, Stefan - In: FinanzArchiv: Public Finance Analysis 65 (2009) 3, pp. 358-380
In several OECD countries, public pay-as-you-go pension systems have undergone major reforms in which future retirement benefit promises have been scaled down. A consequence of these reforms is that, especially in countries with a tight tax - benefit linkage, the retirement benefit claims of...