Sustainability of pension reforms: An EU-wide political stress test
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DOI: 10.1017/s1474747225100103
Abstract: Many countries have implemented a variety of pension reforms in response to the challenges posed by an aging population. These reforms typically involve a trade-off between ‘refinancing’ (i.e., increasing contributions) and ‘retrenchment’ (i.e., reducing benefits).… read more here.
Keywords: projected pension; optimal allocation; pension reforms; bargaining power ... See more keywords