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Assessing the sustainability of pension reforms in Europe

Datos Bibliográficos

ID7991739
AutoresAaron George Grech (0000-0003-3753-6098, London School of Economics and Political Science, autor de correspondencia)
Año2013
Volumen29
Número2
Páginas143-162
Fecha de publicación2013-06-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of International and Comparative Social Policy (JOURNAL)
Identificadores de la revistaISSN: 2169-9763 • E-ISSN: 2169-978X
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1080/21699763.2013.836980
OpenAlexW2119437399
IdiomaEN
Citas recibidas15
Referencias citadas23

Europe's pensions landscape has changed dramatically since the 1990s. This paper tries to assess better the impact of these changes using a broad social sustainability framework. Pension wealth estimates for a variety of hypothetical cases are used to assess the ability of systems to alleviate poverty and maintain living standards, while setting out how reforms could change future costs and relative entitlements for different generations. By focusing on all prospective transfers rather than those at retirement and by looking into the interaction between entitlements and labour participation, this approach provides additional insights into the impact of reforms. Our estimates suggest that generosity has fallen significantly, but remains strong in many countries. However, moves to link benefits to contributions have raised adequacy concerns for certain groups and strengthened the need for longer careers. Although reforms have helped address fiscal challenges, in many countries pressures remain strong and further reforms are likely

Development economics · Economic growth · Economics · Generosity · Labour economics · Market economy · Pension · Political science · Poverty · Public economics · Social security · Sustainability · Variety (cybernetics · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Retirement, Disability, and Employment · Finance

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Obras citantes distintas15
Citas por año1,25
Intervalo de citas2014 - 2025 (12)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 15
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