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Pensions and Population Ageing

Author

Listed:
  • John Creedy

Abstract

The analysis of pensions presents many complex problems. A major aim of this book is to demonstrate how reasonably simple economic models can be designed and used to shed some light on the issues involved in population growth and pension provision. The basic analytics of population growth and pension structure are first explored. Projections for Australia are examined and used to model ageing and social expenditure and to estimate the ‘burden’ of aged care on future workers. The author goes on to investigate pensions and pension finance, and examines several types of economic model before turning to the analysis of alternative pension arrangements using a lifetime simulation model. The results of the study suggest that both lower contribution rates and a universal pension encourage a later retirement age.

Suggested Citation

  • John Creedy, 1998. "Pensions and Population Ageing," Books, Edward Elgar Publishing, number 1490.
    • Handle: RePEc:elg:eebook:1490
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    File URL: http://www.e-elgar.com/shop/isbn/9781858988023
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    Citations

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    Cited by:

    1. John Janssen, 2002. "Long-term fiscal projections and their relationship with the intertemporal budget constraint: An application to New Zealand," Treasury Working Paper Series 02/05, New Zealand Treasury.

    More about this item

    Keywords

    Economics and Finance; Social Policy and Sociology;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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