Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/21313 
Year of Publication: 
2005
Series/Report no.: 
IZA Discussion Papers No. 1537
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper considers the effects on current pensioner incomes of reforms designed to improve the long-term sustainability of public pension systems in the European Union. We use EUROMOD to simulate a set of common illustrative reforms for four countries selected on the basis of their diverse pension systems and patterns of poverty among the elderly: Denmark, Germany, Italy and the UK. The variations in fiscal and distributive effects on the one hand suggest that different paths for reform are necessary in order to achieve common objectives across countries, and on the other provide indications of the appropriate directions for reform in each case.
Subjects: 
pensions
European Union
microsimulation
JEL: 
C81
H55
I30
Document Type: 
Working Paper

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