How costly are pension reform reversals?
Research Bulletin, 2020, vol. 68
In this article we examine the effects of reversing the pension reforms adopted since the early 2000s. We find that reversing past pension reforms would be very costly, and would put a disproportionate burden on current and future young generations. Even without reversals, further reforms are needed to address the adverse macroeconomic and fiscal impact of population ageing. JEL Classification: F41, H55, J11
Keywords: Ageing Report; OLG model; population ageing; Public pension; reform reversals (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.ecb.europa.eu//pub/economic-research/r ... 7~289c460fb4.en.html (text/html)
https://www.ecb.europa.eu//pub/economic-research/r ... 27~289c460fb4.en.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbrbu:2020:0068:
Access Statistics for this article
More articles in Research Bulletin from European Central Bank 60640 Frankfurt am Main, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Official Publications ().