1002917.pdf
Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to...
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Peter Lang International Academic Publishers
2019
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oapen-20.500.12657-27110 |
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oapen-20.500.12657-271102022-04-26T12:35:14Z Measuring Public Pension Liabilities in the European Union Weddige, Olaf cross country comparison demographic development European generational accounting Liabilities Measuring Pension Public Public pension systems Union Weddige bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCP Political economy bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCR Welfare economics bic Book Industry Communication::K Economics, finance, business & management::KC Economics::KCS Economic systems & structures bic Book Industry Communication::K Economics, finance, business & management::KF Finance & accounting Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions. 2019-01-10 23:55 2020-01-13 14:41:24 2020-04-01T11:42:06Z 2020-04-01T11:42:06Z 2018 book 1002917 OCN: 1083019772 9783631749760 http://library.oapen.org/handle/20.500.12657/27110 eng Sozialoekonomische Schriften application/pdf n/a 1002917.pdf Peter Lang International Academic Publishers 10.3726/b13542 10.3726/b13542 e927e604-2954-4bf6-826b-d5ecb47c6555 9783631749760 42 324 Bern open access |
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English |
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Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions. |
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1002917.pdf |
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1002917.pdf |
| publisher |
Peter Lang International Academic Publishers |
| publishDate |
2019 |
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1771297447031603200 |
