Intergenerational risk sharing in pay-as-you-go pension schemes
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References listed on IDEAS
- Alonso-Garcia, Jennifer & Boado-Penas, Maria del Carmen & Devolder, Pierre, 2018. "Adequacy, fairness and sustainability of pay-as-you-go-pension-systems: defined benefit versus defined contribution," LIDAM Reprints ISBA 2018026, Université catholique de Louvain, Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
- Cairns, Andrew, 2000. "Some Notes on the Dynamics and Optimal Control of Stochastic Pension Fund Models in Continuous Time," ASTIN Bulletin, Cambridge University Press, vol. 30(1), pages 19-55, May.
- Catherine Donnelly, 2017. "A Discussion of a Risk-Sharing Pension Plan," Risks, MDPI, vol. 5(1), pages 1-20, February.
- Jennifer Alonso-García & María del Carmen Boado-Penas & Pierre Devolder, 2018. "Adequacy, fairness and sustainability of pay-as-you-go-pension-systems: defined benefit versus defined contribution," The European Journal of Finance, Taylor & Francis Journals, vol. 24(13), pages 1100-1122, September.
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More about this item
Keywords
Risk-sharing ; automatic balancing mechanisms ; pension design ; ageing;All these keywords.
JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2024-11-11 (Economics of Ageing)
- NEP-PBE-2024-11-11 (Public Economics)
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