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DC FieldValueLanguage
dc.contributor.authorMeier, Volkeren_US
dc.contributor.authorWerding, Martinen_US
dc.date.accessioned2010-02-09en_US
dc.date.accessioned2010-05-14T08:26:16Z-
dc.date.available2010-05-14T08:26:16Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/30705-
dc.description.abstractOver the next four decades, increasing old-age dependency ratios exert an enormous upward pressure on welfare spending in most developed countries. As this is mainly due to existing unfunded public pension schemes, many countries have embarked on far-reaching reforms in this area, strengthening actuarial fairness, modifying indexation rules, adding elements of prefunding and, last but not least, attempting to extend the period of economic activity. Efforts to contain costs may also be relevant with regard to public expenditure on health and long-term care but, thus far, no country has started to really deal with these issues. Still, some countries have made substantial progress in securing the long-term sustainability of their welfare systems. What remains to be considered is re-constructing the system of intergenerational transactions as a potential way of removing disincentives to raise children and invest in their human capital in the long run.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2916en_US
dc.subject.jelH50en_US
dc.subject.jelH68en_US
dc.subject.jelJ11en_US
dc.subject.ddc330en_US
dc.subject.keyworddemographic ageingen_US
dc.subject.keywordwelfare stateen_US
dc.subject.keywordpublic expenditureen_US
dc.subject.keywordfiscal sustainabilityen_US
dc.subject.keywordpolicy reformsen_US
dc.subject.stwAlterssicherungen_US
dc.subject.stwGesetzliche Rentenversicherungen_US
dc.subject.stwRentenfinanzierungen_US
dc.subject.stwAlternde Bevölkerungen_US
dc.subject.stwRentenreformen_US
dc.subject.stwNachhaltigkeiten_US
dc.subject.stwOECD-Staatenen_US
dc.titleAgeing and the welfare state: Securing sustainabilityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn618100946en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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