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Differentiating Indexation in Dutch Pension Funds

  • Roel Beetsma

    ()

  • Alessandro Bucciol

    ()

This discussion paper led to a publication in 'De Economist' , 159(3), 323-360. We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various groups of fund participants. The pension arrangement is modelledafter the Dutch situation. While the aggregate welfare consequences are small, group-specific consequences are more substantial with the workers and future born losing and retirees bene-fitting from a shift away from uniform indexation. Those welfare shifts result from systematicredistribution of welfare rather than shifts in the benefit of risk sharing provided by the system.

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File URL: http://hdl.handle.net/10.1007/s10645-011-9170-9
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Article provided by Springer in its journal De Economist.

Volume (Year): 159 (2011)
Issue (Month): 3 (September)
Pages: 323-360

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Handle: RePEc:kap:decono:v:159:y:2011:i:3:p:323-360
DOI: 10.1007/s10645-011-9170-9
Contact details of provider: Web page: http://www.springer.com

Order Information: Web: http://www.springer.com/economics/journal/10645/PS2

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