Arbeitspapier

Harmonisation of Old-Age Security Within the European Union

Not sufficiently harmonised national pension systems within the European Union distort the allocation of labour and endanger redistributive activities. This paper identifies the most decentralised level of harmonisation which guarantees efficient allocation and enables redistribution. For this, we build on theoretical results to evaluate the realised distribution of the legal power between the European Union and the Member States and the resulting level of harmonisation. We find that harmonisation is sub-optimally low. Binding rules guaranteed by the European Union are needed which means that the Member States have to concede more fundamental responsibilities to the European Union.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 1108

Klassifikation
Wirtschaft
Thema
European integration
mobility
unfunded pension systems
system competition
allocation of labour
intergenerational redistribution

Ereignis
Geistige Schöpfung
(wer)
Uebelmesser, Silke
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Uebelmesser, Silke
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2003

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