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A simple model of aggregate pension expenditure

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  • Angel de la Fuente

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Abstract

This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension system and the steady-state response of pension expenditure to changes in some key demographic and economic variables, in the characteristics of the average pensioner and in the parameters that describe how pensions are calculated in Spain as a function of workers' Social Security contribution histories.

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Bibliographic Info

Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 871.11.

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Length: 30
Date of creation: 26 Apr 2011
Date of revision:
Handle: RePEc:aub:autbar:871.11

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Keywords: pensions; sustainability; Spain;

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References

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  1. Angel de la Fuente & Rafael Domenech, 2011. "The impact of Spanish pension reform on expenditure.A quick estimate," Working Papers 1112, BBVA Bank, Economic Research Department.
  2. Juan F. Jimeno & Juan A. Rojas & Sergio Puente, 2006. "Modeling the impact of aging on social security expenditures," Banco de Espa�a Occasional Papers 0601, Banco de Espa�a.
  3. Adolfo Albo & Juan Luis Ordaz Diaz, 2011. "La Migracion en Arizona y los efectos de la nueva Ley "SB-1070"," Working Papers 1116, BBVA Bank, Economic Research Department.
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Cited by:
  1. Angel de la Fuente & Rafael Domenech, 2011. "The impact of Spanish pension reform on expenditure.A quick estimate," Working Papers 1112, BBVA Bank, Economic Research Department.

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