Resource title

Uncertain demographics, longevity adjustment of the retirement age, and intergenerational risk sharing

Resource image

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Resource description

Under existing welfare arrangements, an increase in life expectancy may pose a serious threat to fiscal sustainability, and it may have dramatic effects on the intergenerational distribution of welfare. This paper finds that such effects may be countered through a policy which links the retirement age to changes in life expectancy. Fiscal Policy, Longevity Adjustment, Ageing, Pensions,Welfare Reform.

Resource author

Svend E. Hougaard Jensen, Ole Hagen Jørgensen

Resource publisher

Resource publish date

Resource language

eng

Resource content type

application/pdf

Resource resource URL

http://hdl.handle.net/10398/7694

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