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Cover Art
E-RESOURCE
Author Weddige, Olaf. Author.

Title Measuring Public Pension Liabilities in the European Union Olaf Weddige.

Published Frankfurt a.M. Peter Lang GmbH, Internationaler Verlag der Wissenschaften [2018], ©2012.

Copies

Location Call No. Status
 UniM INTERNET resource    AVAILABLE
Edition 1st, New ed.
Physical description 1 online resource.
Series Sozialökonomische Schriften 42
Books at JSTOR Open Access
Thesis notes Thesis (Doctoral).
Contents Demographic development in the European Union -- Public pension liabilities -- Accrued-to-date liabilities -- Fiscal sustainability -- Pay-as-you go -- Open-system net liabilities -- National accounting -- Implicit pension debt -- Generational accounting.
Summary 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.
History notes 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.
Other author JSTOR issuing body.
Subject Pensions -- European Union countries.
Pension trusts -- European Union countries.
Electronic books.
Academic theses.
ISBN 9783631749760 (electronic bk.)
3631749767 (electronic bk.)
Standard Number 9783631749760
10.3726/b13542