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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/19004
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| Title: | | The international spillover effects of pension reform  |
| Authors: | | Adema, Yvonne Meijdam, Lex Verbon, Harrie A. A. |
| Issue Date: | | 2005 |
| Series/Report no.: | | CESifo working papers 1540 |
| Abstract: | | This paper explores how pension reforms in countries with PAYG schemes affect countries with funded systems. We use a two-country two-period overlapping-generations model, where the countries only differ in their pension systems. We distinguish between the case where a reform potentially leads to a Pareto improvement in the PAYG country, and where this is impossible. In the latter case the funded country shares both in the costs and the benefits of the reform. However, if a Pareto-improving pension reform is feasible in the PAYG country, a Pareto improvement in the funded country is not guaranteed. |
| Subjects: | | international spillover effects pension reform |
| JEL: | | H63 F21 F47 F41 H55 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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