How to avoid a pension crisis: a question of intelligent system design

Arbeitspapier

Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing individuals to qualify for a pension by working and paying contributions in the usual way, and an unconventional one allowing them to qualify for a pension by having children, and investing time and money in their upbringing.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 2590

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Household Production and Intrahousehold Allocation ; Altruism; Philanthropy; Intergenerational Transfers ; Social Security and Public Pensions ; Fertility; Family Planning; Child Care; Children; Youth ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination ; Retirement; Retirement Policies
• Thema: Pension reform ; implicit pension taxes and subsidies ; child benefits ; fertility ; labour productivity ; Gesetzliche Rentenversicherung ; Rentenreform ; Second Best ; Umlageverfahren ; Familienleistungsausgleich ; Arbeitsproduktivität ; Fruchtbarkeit ; Theorie ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Cigno, Alessandro
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/26635
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ