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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
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http://hdl.handle.net/10419/51845
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Holzmann, Robert | | en_US |
| dc.contributor.author | | Jousten, Alain | | en_US |
| dc.date.accessioned | | 2011-06-28 | | en_US |
| dc.date.accessioned | | 2011-11-23T11:37:46Z | | - |
| dc.date.available | | 2011-11-23T11:37:46Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/51845 | | - |
| dc.description.abstract | | The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution rate is fixed and, perhaps, reduced, paying for the accrued to date liabilities leaves a financing gap that needs to be estimated and financed, best outside the pension system if a less distorting financing form is available. The paper illustrates the proposed measurement approach with broad estimates under a hypothetical NDC reform in China. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | IZA Bonn | | en_US |
| dc.relation.ispartofseries | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5296 | | en_US |
| dc.subject.jel | | H55 | | en_US |
| dc.subject.jel | | H68 | | en_US |
| dc.subject.jel | | J21 | | en_US |
| dc.subject.jel | | J26 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | legacy costs | | en_US |
| dc.subject.keyword | | pension reform | | en_US |
| dc.subject.keyword | | NDC | | en_US |
| dc.subject.keyword | | coverage expansion | | en_US |
| dc.subject.stw | | Rentenreform | | en_US |
| dc.subject.stw | | Gesetzliche Rentenversicherung | | en_US |
| dc.subject.stw | | Umlageverfahren | | en_US |
| dc.subject.stw | | Kapitaldeckungsverfahren | | en_US |
| dc.subject.stw | | Rentenfinanzierung | | en_US |
| dc.subject.stw | | Kosten | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | Simulation | | en_US |
| dc.subject.stw | | China | | en_US |
| dc.title | | Addressing the legacy costs in an NDC reform: Conceptualization, measurement, financing | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 663229030 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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