Abstract
The implication of increasing dependency ratios for pay-as-you-go, defined-benefit pension programmes are examined. Modifications aimed at smoothing contributions while maintaining benefits intact are analysed for both open and closed economies.
| Original language | English |
|---|---|
| Pages (from-to) | 547-558 |
| Number of pages | 12 |
| Journal | Economic Notes |
| Volume | 31 |
| Issue number | 3 |
| DOIs | |
| State | Published - Nov 2002 |