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Crises in Public Pension Programmes in OECD: What Are the Reform Options?

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Author Info
Disney, Richard
Abstract

The paper examines projections of the fiscal liabilities of public pension programmes in a number of OECD countries. It investigates the reasons why many countries have built up such liabilities in the past and critically appraises the future projections of pension costs. It examines the strengths and weaknesses of four reform options which are currently being discussed and implemented in various countries.

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Publisher Info
Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 110 (2000)
Issue (Month): 461 (February)
Pages: F1-23
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Handle: RePEc:ecj:econjl:v:110:y:2000:i:461:p:f1-23

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  1. Patricia Apps & Ray Rees, 2003. "Fertility, Dependency and Social Security," CEPR Discussion Papers 462, Centre for Economic Policy Research, Research School of Social Sciences, Australian National University. [Downloadable!]
  2. Olivia S. Mitchell & David McCarthy, 2002. "Annuities for an Ageing World," NBER Working Papers 9092, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Hénin, Pierre-Yves & Weitzenblum, Thomas, 2003. "Redistribution through alternative pension reforms: A life-cycle analysis on French occupational groups," CEPREMAP Working Papers (Couverture Orange) 0307, CEPREMAP. [Downloadable!]
  4. James Banks & Carl Emmerson, 2000. "Public and private pension spending: principles, practice and the need for reform," Fiscal Studies, Institute for Fiscal Studies, vol. 21(1), pages 1-63, March. [Downloadable!]
  5. French-German Economic Forum, 2001. "EU-Labour Markets / Pension Reforms between Economic and Political Problems," Working Papers 2001-05, CEPII research center. [Downloadable!]
  6. Dennis Fredriksen and Nils Martin Stølen, 2005. "Effects of demographic development, labour supply and pension reforms on the future pension burden," Discussion Papers 418, Research Department of Statistics Norway. [Downloadable!]
  7. Sascha O. Becker & Samuel Bentolila & Ana Fernandes & Andrea Ichino, 2005. "Youth Emancipation and Perceived Job Insecurity of Parents and Children," IZA Discussion Papers 1836, Institute for the Study of Labor (IZA). [Downloadable!]
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  8. Axel H. Boersch-Supan & Joachim K. Winter, 2001. "Population Aging, Savings Behavior and Capital Markets," NBER Working Papers 8561, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  9. Agar Brugiavini & Vincenzo Galasso, 2003. "The Social Security Reform Process in Italy: Where do We Stand?," Working Papers wp052, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
    Other versions:
  10. Richard Disney, 2001. "Europe: Is There an Aging Crisis or is it a Public Pension Problem?," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 2(4), pages 25-30, 02. [Downloadable!]
  11. Malcom Edey & Luke Gower, 2000. "National Saving: Trends and Policy," RBA Annual Conference Volume, in: David Gruen & Sona Shrestha (ed.), The Australian Economy in the 1990s Reserve Bank of Australia. [Downloadable!]
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