Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/163214
Authors: 
Börsch-Supan, Axel
Härtl, Klaus
Leite, Duarte Nuno
Year of Publication: 
2017
Series/Report no.: 
ADBI Working Paper Series 708
Abstract: 
Pension economics has traditionally guided pension policy with the help of formal models based on individuals who think in a life cycle context with perfect foresight, full information, and in a time-consistent manner. This paper sheds light on selected aspects of pension economics when these assumptions do not hold. We focus on three aspects which are particularly relevant for the quickly aging Asian economies: the volume of savings for old-age provisions, international diversification of retirement savings, and global spillover effects of pension reforms.
Subjects: 
Population aging
social security
life-cycle saving
public insurance
pension reform
retirement age
JEL: 
C68
D91
E21
F21
H55
J11
J26
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/3.0/igo/
Document Type: 
Working Paper

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