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Pension Reform And Macroeconomic Impact: Simulation For The Case Of Tunisia Via Overlapping Generations Model

Author

Listed:
  • Alleiddine AYED ZAMBAA

    (Faculty of Economics and Management, az_alleiddine@yahoo.fr, Sfax, Tunisia,)

  • Lobna BEN HASSEN

    (Faculty of Economics and Management, lobna.benhassen@gmail.com, Sfax, Tunisia,)

Abstract

The aim of this paper is to study the macroeconomic effects of a few scenarios reforms of the pension system Tunisian who correspond respectively to the increase of the contribution rate, to the reduction of the replacement rate, and finally to the introduction of a dose of funded in our pension system. In other word, we will examine the evolution of consumption, saving, capital accumulation through a general equilibrium model of overlapping generation similar to DEGER (2011).

Suggested Citation

  • Alleiddine AYED ZAMBAA & Lobna BEN HASSEN, 2014. "Pension Reform And Macroeconomic Impact: Simulation For The Case Of Tunisia Via Overlapping Generations Model," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 6(6), pages 131-138, December.
    • Handle: RePEc:aic:jopafl:y:2014:v:6:p:131-138
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    References listed on IDEAS

    as
    1. Cremer, Helmuth & De Donder, Philippe & Maldonado, Dario & Pestieau, Pierre, 2007. "Voting over type and generosity of a pension system when some individuals are myopic," Journal of Public Economics, Elsevier, vol. 91(10), pages 2041-2061, November.
    2. Brunner, Johann K., 1996. "Transition from a pay-as-you-go to a fully funded pension system: The case of differing individuals and intragenerational fairness," Journal of Public Economics, Elsevier, vol. 60(1), pages 131-146, April.
    3. Axel Börsch‐Supan & Alexander Ludwig & Joachim Winter, 2006. "Ageing, Pension Reform and Capital Flows: A Multi‐Country Simulation Model," Economica, London School of Economics and Political Science, vol. 73(292), pages 625-658, November.
    4. James M. Poterba, 2001. "Demographic Structure And Asset Returns," The Review of Economics and Statistics, MIT Press, vol. 83(4), pages 565-584, November.
    5. Nelissen, Jan H. M. & Institute, Economic, 1999. "A Payable Alternative for the Dutch Old-Age Pension System," Journal of Policy Modeling, Elsevier, vol. 21(2), pages 275-282, March.
    6. Cagacan DEGER, 2011. "Pension Reform in an Overlapping Model with Multiple Social Security Systems," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 11(4), pages 563-572.
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    More about this item

    Keywords

    Pay as you go system; funded pension; overlapping generations;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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