Old-age Pension Systems: A Theoretical Evaluation

Stefan Homburg

EconStor Open Access Articles and Book Chapters, 1997, 233-246

Abstract: The paper evaluates the theoretical literature on public pension schemes. First, the terms pay-as-you-go and capital reserve are made precise. These two systems are then compared, followed by a consideration of their efficiency properties. Thereafter conversion policies are discussed.

Keywords: Pay-as-you-go; Public pensions (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 1997
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Citations: View citations in EconPapers (12)

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Related works:
Working Paper: Old Age Pension Systems: A Theoretical Evaluation (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:95248

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