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dc.contributor.authorMeier, Volkeren
dc.contributor.authorWerding, Martinen
dc.date.accessioned2010-02-09-
dc.date.accessioned2010-05-14T08:26:16Z-
dc.date.available2010-05-14T08:26:16Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2916en
dc.subject.jelH50en
dc.subject.jelH68en
dc.subject.jelJ11en
dc.subject.ddc330en
dc.subject.keyworddemographic ageingen
dc.subject.keywordwelfare stateen
dc.subject.keywordpublic expenditureen
dc.subject.keywordfiscal sustainabilityen
dc.subject.keywordpolicy reformsen
dc.subject.stwAlterssicherungen
dc.subject.stwGesetzliche Rentenversicherungen
dc.subject.stwRentenfinanzierungen
dc.subject.stwAlternde Bevölkerungen
dc.subject.stwRentenreformen
dc.subject.stwNachhaltigkeiten
dc.subject.stwOECD-Staatenen
dc.titleAgeing and the welfare state: Securing sustainability-
dc.typeWorking Paperen
dc.identifier.ppn618100946en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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