TY  - GEN
AU  - Weddige,Olaf
TI  - Measuring Public Pension Liabilities in the European Union
SN  - b13542
PY  - 2018///
CY  - Bern
PB  - Peter Lang International Academic Publishing Group
KW  - Political economy
KW  - bicssc
KW  - Welfare economics
KW  - Economic systems & structures
KW  - Finance & accounting
KW  - cross country comparison
KW  - demographic development
KW  - European
KW  - generational accounting
KW  - Liabilities
KW  - Measuring
KW  - Pension
KW  - Public
KW  - Public pension systems
KW  - Union
KW  - Weddige
N1  - Open Access
N2  - 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
UR  - https://library.oapen.org/bitstream/20.500.12657/27110/1/1002917.pdf
UR  - https://library.oapen.org/bitstream/20.500.12657/27110/1/1002917.pdf
UR  - https://library.oapen.org/bitstream/20.500.12657/27110/1/1002917.pdf
UR  - https://library.oapen.org/bitstream/20.500.12657/27110/1/1002917.pdf
UR  - https://directory.doabooks.org/handle/20.500.12854/29457
ER  -