Measuring Public Pension Liabilities in the European Union (Sozialokonomische Schriften)

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9783631602737: Measuring Public Pension Liabilities in the European Union (Sozialokonomische Schriften)
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Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions.

Über den Autor:

Olaf Weddige was born in Bremen in 1975. From 1999 to 2004, he studied economics at the University of Freiburg im Breisgau, where he achieved his diploma in 2004. From 2004 to 2009, he worked as a research assistant at the Research Center for Generational Contracts, University of Freiburg im Breisgau.

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Olaf Weddige
Verlag: Peter Gmbh Lang Nov 2011 (2011)
ISBN 10: 3631602731 ISBN 13: 9783631602737
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Buchbeschreibung Peter Gmbh Lang Nov 2011, 2011. Buch. Buchzustand: Neu. 218x151x27 mm. Neuware - Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions. 300 pp. Englisch. Artikel-Nr. 9783631602737

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