Social insurance schemes differ according to the relationship between contributions and
benefits. Bismarckian systems provide earnings-related benefits, while Beveridgean …

Whilst all of the major industrialized countries are currently experiencing population ageing,
Japan is at the forefront of this demographic trend. This important new book explores the …

One of the stylized facts of unfunded social security programs is that programs are larger in
size, measured relative to the GDP, the tighter the link between pension claims and past …

We develop a simple model of fiscal competition among ageing municipalities. When ageing
advances, gerontocracies and social planners gradually substitute publicly provided goods …

This paper investigates the dynamic consequences of demographic change and various
pension reform scenarios for Austria. The analysis is based on a computable …

Most European economies will experience significant demographic changes in the decades
ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This …

We analyze the political stability of funded social security. Using a stylized theoretical
framework we study the mechanisms behind governments capturing social security assets in …

Demographic change will be one of the most challenging issues for industrialized
economies in the decades to come. In this paper, we focus on the impact of demographic …

The impending demographic crisis calls for fundamental reforms of old-age security. In a
democracy, however, reforms require the support of the majority. We determine for Germany …

摘要人口老化已成為當前全球關切的議題. 2000 年時已開發國家人口零歲平均餘命為75 歲,
較開發中國家人口零歲平均餘命64 歲, 高出11 歲左右. 而我國人口零歲平均餘命亦為75 歲 …