Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78270
Year of Publication: 
2003
Series/Report no.: 
Thünen-Series of Applied Economic Theory - Working Paper No. 39
Publisher: 
Universität Rostock, Institut für Volkswirtschaftslehre, Rostock
Abstract: 
This paper analyses the potential effects of the open method of co-ordination on pension reforms in the European Union from an economic point of view. The main results are: (1) For the first time, the Commission formally participates in the input of pension policy-formation of the member states, but without affecting their ultimate decision-making powers. (2) However, the OMC might foster yardstick competition and thus mutual learning from the reform experiences of other member states. (3) In contrast to that, no clear effects on the rent-seeking behaviour of special-interest groups and thus on their influence in shaping pension reforms can be derived.
Subjects: 
Pension Reform
EU Integration
Regulatory Competition
JEL: 
E61
G2
H55
H7
Document Type: 
Working Paper

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