Advanced Search
MyIDEAS: Login to save this paper or follow this series

Joint macro/micro evaluations of accrued-to-date pension liabilities: an application to French reforms

Contents:

Author Info

  • D. BLANCHET

    (Insee)

  • S. LE MINEZ

    (Insee)

Abstract

Accrued-to-date liabilities (ADLs) could soon add to the set of regular statistics on public pensions, in compliance with updated SNA provisions. This raises two questions: how can this indicator be produced, and what for? Microsimulation is shown to constitute a relevant answer to the first question. Despite its stochastic nature, it displays results that seem stable enough for accounting purposes. Concerning the what for question, it is well-known that ADLs are not an indicator of global financial sustainability. Their message is more interesting from the household perspective and especially at the micro level. This fosters the case for microsimulation that automatically produces consistent micro/macro results. All these macro and micro properties are illustrated in the French case, with applications to the assessment of the successive 1993, 2003 and 2010 reforms that have modified entitlements in rather complex ways, differentiated across cohorts and skill levels.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.insee.fr/en/publications-et-services/docs_doc_travail/G2012-14.pdf
File Function: Document de travail de la DESE numéro G2012-14
Download Restriction: no

Bibliographic Info

Paper provided by Institut National de la Statistique et des Etudes Economiques, DESE in its series Documents de Travail de la DESE - Working Papers of the DESE with number g2012-14.

as in new window
Length:
Date of creation: 2012
Date of revision:
Handle: RePEc:crs:wpdeee:g2012-14

Contact details of provider:
Postal: 15 Boulevard Gabriel Peri 92244 Malakoff Cedex
Phone: 01 41 17 50 50
Email:
Web page: http://www.insee.fr
More information through EDIRC

Related research

Keywords: Accrued-to-date liabilities; microsimulation; pension reforms;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Luca Beltrametti & Matteo Della Valle, 2011. "Does the implicit pension debt mean anything after all?," CeRP Working Papers 118, Center for Research on Pensions and Welfare Policies, Turin (Italy).
  2. Franco, Daniele & Marino, Maria Rosaria & Zotteri, Stefania, 2004. "Pension Expenditure Projections, Pension Liabilities and European Union Fiscal Rules," Discussion Paper 231, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  3. Holzmann, Robert & Palacios, Robert & Zviniene, Asta, 2004. "Implicit pension debt: issues, measurement and scope in international perspective," Social Protection Discussion Papers 30153, The World Bank.
  4. Werding, Martin, 2006. "Implicit Pension Debt and the Role of Public Pensions for Human Capital Accumulation: An Assessment for Germany," Discussion Paper 283, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:crs:wpdeee:g2012-14. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (D3E).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.