Author-Name: Social Security and Integration
AbstractThe purpose of this letter is to analyze the impact of economic integration when countries differ in their social security systems, more specifically in the degree of funding of their pensions, and in the regulation of the retirement age. Funding and mandatory early retirement are two features which foster capital accumulation relative to pay-as-you-go pensions with exible retirement. In case of economic integration they both imply some capital outow and may lead to some utility losses.
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Bibliographic InfoPaper provided by Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège in its series CREPP Working Papers with number 1301.
Date of creation: 2013
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-AGE-2013-03-09 (Economics of Ageing)
- NEP-ALL-2013-03-09 (All new papers)
- NEP-DEM-2013-03-09 (Demographic Economics)
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.:
- de la Croix,David & Michel,Philippe, 2002.
"A Theory of Economic Growth,"
Cambridge Books, Cambridge University Press,
Cambridge University Press, number 9780521001151.
- Robert Fenge & Pierre Pestieau, 2005. "Social Security and Early Retirement," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262062496, December.
- Casarico Alessandra, 2001. "Pension systems in integrated capital markets," The B.E. Journal of Economic Analysis & Policy, De Gruyter, De Gruyter, vol. 1(1), pages 1-19, November.
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