Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/92942 
Authors: 
Year of Publication: 
2014
Series/Report no.: 
Diskussionsbeitrag No. 524
Publisher: 
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, Hannover
Abstract: 
The paper evaluates the theoretical literature on public pension schemes. First, the terms pay-as-you-go and capital reserve are made precise. These two systems are then compared, followed by a consideration of their efficiency properties. Thereafter conversion policies are discussed.
Subjects: 
Public Pensions
Overlapping Generations
JEL: 
H21
H55
Additional Information: 
This is a postprint of a paper that was published 1997 in H. Giersch (Ed.): Reforming the Welfare State. Berlin: Springer-Verlag, pp. 233-246.
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.