Please use this identifier to cite or link to this item:
Full metadata record
DC FieldValueLanguage
dc.contributor.authorValero, Diegoen_US
dc.contributor.authorArtís, Manuelen_US
dc.contributor.authorAyuso, Mercedesen_US
dc.contributor.authorGarcía, Jaimeen_US
dc.identifier.citation|aRevista de Métodos Cuantitativos para la Economía y la Empresa |c1886-516X |v11 |y2011 |p91-113en_US
dc.publisher|aUniversidad Pablo de Olavide |cSevillaen_US
dc.subject.keywordsocial securityen_US
dc.subject.keywordNDC systemen_US
dc.subject.keywordcomplementary pension plansen_US
dc.titleUna propuesta de reforma del sistema de pensiones español basada en un modelo de contribución definida nocionalen_US
dc.description.abstracttransThe western pension systems and especially the Spanish one will noticeably be a®ected by an aging of the population that is currently underway. This work proposes a pension model for Spain which would mean deep structural reforms that would guarantee meeting the objectives established by a Social Security system. Our proposal considers a reform that leads to the establishment of a general basic pension fund financed through taxes; a contributory pension fund reached by applying a notional de¯ned contribution model (NDC); and thirdly, an occupational system based on an auto-enrollment system, which we have called the National Saving System (NSS). Projections have been done up to the year 2039 with conclusive results with regard to retirement pensions (indicating the suitability of the model) as well as the GDP relative cost (indicating viability). We analyze how the Spanish Social Security system is an unbalanced one. Our workreveals its lack of sustainability in ¯nancial terms, both in the medium and long term. We demonstrate how the new model we are proposing is financially sustainable, and along with a transition period in which the current resources from the Reserve Fund would be used, it would be suitable for the needs of the population.en_US

Files in This Item:
323.49 kB

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