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Unfunded pension systems = ageing an...

Uebelmesser, Silke.

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Unfunded pension systems = ageing and variance /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Unfunded pension systems/ edited by Silke Uebelmesser.{me_controlnum}
Reminder of title:	ageing and variance /
other author:	Uebelmesser, Silke.
Published:	Bingley, U.K. :Emerald, : 2004.,
Description:	1 online resource (viii, 271 p.).
[NT 15003449]:	Introduction / Silke Uebelmesser -- Political feasibility of pensionreforms : the perspectiveof political economy when the young have thevoice option / Silke Uebelmesser -- Mobility as a counterforce to gerontocracy : the perspective of political economy when the young have theexit option / Silke Uebelmesser -- Qualitative aspects of migration : who is most likely to emigrate / Silke Uebelmesser -- Sustainability ofpension systems with systems competition : national and European responsibilities for old-age security with (partially) mobile labour / SilkeUebelmesser -- Conclusion / Silke Uebelmesser -- Projected developmentof fundamental factors : the path of factors influencing demography inthe next few decades / Silke Uebelmesser -- Country studies : recent reform activities in selected countries / Silke Uebelmesser -- Welfare analysis of pension reforms : the perspective of efficiency / Silke Uebelmesser -- Unfunded pension systems : the mechanisms responsible for the projected crisis / Silke Uebelmesser.
Subject:	Business & Economics - International -
Online resource:	http://www.emeraldinsight.com/0573-8555/264
ISBN:	9781849508261 (electronic bk.)

Unfunded pension systems = ageing and variance /
Unfunded pension systemsageing and variance /[electronic resource] :edited by Silke Uebelmesser.{me_controlnum} - Bingley, U.K. :Emerald,2004. - 1 online resource (viii, 271 p.). - Contributions to economic analysis,v. 2640573-8555 ;. - Contributions to economic analysis ;v. 210..

Includes bibliographical references (p. 255-266) and index.

Introduction / Silke Uebelmesser -- Political feasibility of pensionreforms : the perspectiveof political economy when the young have thevoice option / Silke Uebelmesser -- Mobility as a counterforce to gerontocracy : the perspective of political economy when the young have theexit option / Silke Uebelmesser -- Qualitative aspects of migration : who is most likely to emigrate / Silke Uebelmesser -- Sustainability ofpension systems with systems competition : national and European responsibilities for old-age security with (partially) mobile labour / SilkeUebelmesser -- Conclusion / Silke Uebelmesser -- Projected developmentof fundamental factors : the path of factors influencing demography inthe next few decades / Silke Uebelmesser -- Country studies : recent reform activities in selected countries / Silke Uebelmesser -- Welfare analysis of pension reforms : the perspective of efficiency / Silke Uebelmesser -- Unfunded pension systems : the mechanisms responsible for the projected crisis / Silke Uebelmesser.

Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of the population and increased labour mobility. This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution. The analysis focuses on questions concerning: efficiency considerations and the possibility of welfareimprovements; political economy aspects and the feasibility of reforms, and; the process of European integration and its influence on national pension systems. The theoretical analysis is complemented in numerousways by quantitative parts and institutional details. The consequencesof the demographic crisis for the distributionof the pension burden within and across generations and in an international context are illustratedwith respect to the specific situation in Germany and other European countries. It is shown for different settings of political power distribution and for different degrees of mobility what would happen without any reforms and what could and should be done to guarantee the survival of old-age security based on a fair sharing of the pension burden.Neither explosion nor erosion is the inevitable fate of unfunded pension systems. But to avoid either happening, fundamental reforms are necessary as soon as possible which loosen at least partially the intergenerational dependencies and thus reduce the pressure from the changing population structure on old-age security.

ISBN: 9781849508261 (electronic bk.)Subjects--Topical Terms:

1556308
Business & Economics
--International

LC Class. No.: HD7091 / .U54 2004

Dewey Class. No.: 368.4

Universal Decimal Class. No.: 355.291.1

Unfunded pension systems = ageing and variance /
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245 0 0 $a Unfunded pension systems $h [electronic resource] : $b ageing and variance / $c edited by Silke Uebelmesser.{me_controlnum}
260 $a Bingley, U.K. : $b Emerald, $c 2004.
300 $a 1 online resource (viii, 271 p.).
490 1 $a Contributions to economic analysis, $x 0573-8555 ; $v v. 264
504 $a Includes bibliographical references (p. 255-266) and index.
505 0 $a Introduction / Silke Uebelmesser -- Political feasibility of pensionreforms : the perspectiveof political economy when the young have thevoice option / Silke Uebelmesser -- Mobility as a counterforce to gerontocracy : the perspective of political economy when the young have theexit option / Silke Uebelmesser -- Qualitative aspects of migration : who is most likely to emigrate / Silke Uebelmesser -- Sustainability ofpension systems with systems competition : national and European responsibilities for old-age security with (partially) mobile labour / SilkeUebelmesser -- Conclusion / Silke Uebelmesser -- Projected developmentof fundamental factors : the path of factors influencing demography inthe next few decades / Silke Uebelmesser -- Country studies : recent reform activities in selected countries / Silke Uebelmesser -- Welfare analysis of pension reforms : the perspective of efficiency / Silke Uebelmesser -- Unfunded pension systems : the mechanisms responsible for the projected crisis / Silke Uebelmesser.
520 $a Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of the population and increased labour mobility. This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution. The analysis focuses on questions concerning: efficiency considerations and the possibility of welfareimprovements; political economy aspects and the feasibility of reforms, and; the process of European integration and its influence on national pension systems. The theoretical analysis is complemented in numerousways by quantitative parts and institutional details. The consequencesof the demographic crisis for the distributionof the pension burden within and across generations and in an international context are illustratedwith respect to the specific situation in Germany and other European countries. It is shown for different settings of political power distribution and for different degrees of mobility what would happen without any reforms and what could and should be done to guarantee the survival of old-age security based on a fair sharing of the pension burden.Neither explosion nor erosion is the inevitable fate of unfunded pension systems. But to avoid either happening, fundamental reforms are necessary as soon as possible which loosen at least partially the intergenerational dependencies and thus reduce the pressure from the changing population structure on old-age security.
650 7 $a Business & Economics $x International $x Economics. $2 bisacsh $3 1556308
650 7 $a Politics & government. $2 bicssc $3 1099366
650 7 $a Welfare & benefit systems. $2 bicssc $3 1556920
650 0 $a Pensions. $3 652817
650 0 $a Old age pensions. $3 533830
700 1 $a Uebelmesser, Silke. $3 1556919
830 0 $a Contributions to economic analysis ; $v v. 210. $3 1556280
856 4 0 $u http://www.emeraldinsight.com/0573-8555/264