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Pension reforms: an illustrated basic analysis

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  • Heikki Oksanen
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    Abstract

    The paper examines pension reform under ageing. Using stylised facts, ageing is traced to low fertility and increasing longevity. Given these persistent factors, pension systems must be reformed to avoid an unfair burden being left for future generations.

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    File URL: http://ec.europa.eu/economy_finance/publications/publication741_en.pdf
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    Bibliographic Info

    Paper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 201.

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    Length: 62 pages
    Date of creation: Apr 2004
    Date of revision:
    Handle: RePEc:euf:ecopap:0201

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    Web page: http://ec.europa.eu/economy_finance/index_en.htm
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    Related research

    Keywords: pension reform; pre-funding; privatisation; defined benefits; notional defined contribution system; Oksanen;

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    Cited by:
    1. Roel Beetsma & Heikki Oksanen, 2007. "Pension Systems, Ageing and the Stability and Growth Pact," European Economy - Economic Papers 289, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
    2. Heikki Oksanen, 2005. "Actuarial Neutrality across Generations Applied to Public Pensions under Population Ageing: Effects on Government Finances and National Saving," CESifo Working Paper Series 1501, CESifo Group Munich.
    3. van Sonsbeek, Jan-Maarten, 2010. "Micro simulations on the effects of ageing-related policy measures," Economic Modelling, Elsevier, vol. 27(5), pages 968-979, September.
    4. Roel Beetsma & Heikki Oksanen, 2008. "Pensions under Ageing Populations and the EU Stability and Growth Pact ," CESifo Economic Studies, CESifo, vol. 54(4), pages 563-592, December.
    5. Heikki Oksanen, 2009. "Setting targets for government budgets in the pursuit of intergenerational equity," European Economy - Economic Papers 358, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.

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