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How costly are pension reform reversals?

Carolin Nerlich

Research Bulletin, 2020, vol. 68

Abstract: 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)
Date: 2020-03
Note: 508107
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