A simple model of aggregate pension expenditure
This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension system and the steady-state response of pension expenditure to changes in some key demographic and economic variables, in the characteristics of the average pensioner and in the parameters that describe how pensions are calculated in Spain as a function of workers' Social Security contribution histories.
|Date of creation:||26 Apr 2011|
|Date of revision:|
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- Aranzazu Crespo & Marcel Jansen, 2014. "The Role of Global Value Chains during the Crisis: Evidence from Spanish and European Firms," Working Papers 2014-09, FEDEA.
- Javier Alonso Meseguer & José A. Herce, . "Balance del sistema de pensiones y boom migratorio en España. Proyecciones del modelo MODPENS de FEDEA a 2050," Working Papers 2003-02, FEDEA.
- Angel De la Fuente & Rafael Domenech, 2012.
"The financial impact of Spanish pension reform. A quick estimate,"
1212, BBVA Bank, Economic Research Department.
- De La Fuente, Angel & Doménech, Rafael, 2013. "The financial impact of Spanish pension reform: A quick estimate," Journal of Pension Economics and Finance, Cambridge University Press, vol. 12(01), pages 111-137, January.
- J. Ignacio Conde-Rui & Javier Alonso, . "El futuro de las pensiones en España: Perspectivas y lecciones," Working Papers 2004-03, FEDEA.
- Joan Gil & Miguel-Ángel López-García & Jorge Onrubia & Concepción Patxot & Guadalupe Souto, .
"A Projection Model Of The Contributory Pension Expenditure Of The Spanish Social Security System: 2004-2050,"
30-06 Classification-JEL , Instituto de Estudios Fiscales.
- Joan Gil & Miguel Angel López García & Jorge Onrubia & Cío Patxot & Guadalupe Souto, 2007. "A projection model of the contributory pension expenditure of the spanish social security system: 2004-2050," Hacienda Pública Española, IEF, vol. 182(3), pages 75-116, September.
- Rafael Domenech & Ángel Melguizo, 2008.
"Projecting Pension Expenditures in Spain: On Uncertainty, Communication and Transparency,"
0803, International Economics Institute, University of Valencia.
- Rafael Domenech & Angel Melguizo, 2009. "Projecting Pension Expenditures in Spain: On Uncertainty,Communication and Transparency," Working Papers 0911, BBVA Bank, Economic Research Department.
- Jimeno, Juan F. & Rojas, Juan A. & Puente, Sergio, 2008.
"Modelling the impact of aging on social security expenditures,"
Elsevier, vol. 25(2), pages 201-224, March.
- Juan F. Jimeno & Juan A. Rojas & Sergio Puente, 2006. "Modeling the impact of aging on social security expenditures," Occasional Papers 0601, Banco de España;Occasional Papers Homepage.
- Angel de la Fuente & Rafael Doménech, 2011.
"The Impact of Spanish Pension Reform on Expenditure: a Quick Estimate,"
542, Barcelona Graduate School of Economics.
- Angel De la Fuente & Rafael Domenech, 2011. "The impact of Spanish pension reform on expenditure: A quick estimate," Working Papers 1112, BBVA Bank, Economic Research Department.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467.
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