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Pension Incomes in the European Union: Policy Reform Strategies in Comparative Perspective

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  • Daniela Mantovani

    ()

  • Fotis Papadopoulos
  • Holly Sutherland
  • Panos Tsakloglou

Abstract

This paper considers the effects on current pensioner incomes of reforms designed to improve the long-term sustainability of public pension systems in the European Union. We use EUROMOD to simulate a set of common illustrative reforms for four countries selected on the basis of their diverse pension systems and patterns of poverty among the elderly: Denmark, Germany, Italy and the UK. The variations in fiscal and distributive effects on the one hand suggest that different paths for reform are necessary in order to achieve common objectives across countries, and on the other provide indications of the appropriate directions for reform in each case.

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File URL: http://www.capp.unimore.it/pubbl/cappapers/Capp_p04.pdf
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Bibliographic Info

Paper provided by Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica in its series Center for the Analysis of Public Policies (CAPP) with number 0004.

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Length: pages 36
Date of creation: Mar 2005
Date of revision:
Handle: RePEc:mod:cappmo:0004

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Web page: http://www.capp.unimore.it
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Keywords: Pensions; European Union; Microsimulation;

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References

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  1. Feldstein, Martin & Liebman, Jeffrey B., 2002. "Social security," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 32, pages 2245-2324 Elsevier.
  2. Foster, James & Greer, Joel & Thorbecke, Erik, 1984. "A Class of Decomposable Poverty Measures," Econometrica, Econometric Society, vol. 52(3), pages 761-66, May.
  3. Franco Peracchi, 2002. "The European Community Household Panel: A review," Empirical Economics, Springer, vol. 27(1), pages 63-90.
  4. repec:ese:iserwp:2004-29 is not listed on IDEAS
  5. Atkinson, Tony, et al, 2002. "Microsimulation of Social Policy in the European Union: Case Study of a European Minimum Pension," Economica, London School of Economics and Political Science, vol. 69(274), pages 229-43, May.
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Cited by:
  1. Flood, Lennart & Klevmarken, N. Anders & Mitrut, Andreea, 2006. "The Income of the Swedish Baby Boomers," IZA Discussion Papers 2354, Institute for the Study of Labor (IZA).
  2. Timm Bönke & Carsten Schröder & Katharina Schulte, 2010. "Incomes and Inequality in the Long Run: The Case of German Elderly," German Economic Review, Verein für Socialpolitik, vol. 11, pages 487-510, November.
  3. repec:ese:emodwp:em5-06 is not listed on IDEAS

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