A Simple Model of Aggregate Pension Expenditure

Angel de La Fuente ()

Hacienda Pública Española / Review of Public Economics, 2015, vol. 212, issue 1, 13-50

Abstract: This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension system and the steady-state response of pension expenditure to changes in some key demographic and economic variables, in the characteristics of the average pensioner an d in the parameters that describe how pensions are calculated in Spain as a function of workers’ Social Security contribution histories.

Keywords: pensions; sustainability; Spain. (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: A Simple Model of Aggregate Pension Expenditure (2015)
Working Paper: A simple model of aggregate pension expenditure (2014)
Working Paper: A simple model of aggregate pension expenditure (2011)
Working Paper: A simple model of aggregate pension expenditure (2011)
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