Unfunded pension systems ageing and variance /
Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of...
Other Authors: | |
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Format: | Electronic eBook |
Language: | English |
Published: |
Bingley, U.K. :
Emerald,
2004.
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Series: | Contributions to economic analysis ;
v. 264. |
Subjects: | |
Online Access: | Full Text via HEAL-Link |