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 |
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Pages (from-to) | 547-558 |
Number of pages | 12 |
Journal | Economic Notes |
Volume | 31 |
Issue number | 3 |
DOIs | |
State | Published - Nov 2002 |