Bonenkamp, Jan
[Verfasser:in]
;
Meijdam, A. C.
[Sonstige Person, Familie und Körperschaft];
Ponds, Eduard H.M
[Sonstige Person, Familie und Körperschaft];
Westerhout, Ed
[Sonstige Person, Familie und Körperschaft]
Erschienen in:Netspar Discussion Paper ; No. 06/2016-024
Umfang:
1 Online-Ressource (29 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2811621
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 24, 2016 erstellt
Beschreibung:
This paper stems from the observation that there are two world-wide trends, pension reform and population ageing, and asks whether the two may be related. Exploring the cases of pension reform in different countries, we find that, although they are very different, the cases share a common characteristic: they shift risks away from workers towards those who are retired. Furthermore, population ageing, by increasing the weight of the elderly relative to working generations, raises the price of intergenerational risk sharing. Combining these findings, we argue and show formally that pension reform can be seen as a welfare-best response to population ageing