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Author:Börsch-Supan, A.
Reil-Held, A.
Title:How much is transfer and how much is insurance in a pay-as-you-go system? The German case
Journal:Scandinavian Journal of Economics
2001 : VOL. 103:3, p. 505-524
Index terms:INSURANCE
PENSION SCHEMES
RETIREMENT
TRANSFER PAYMENTS
GERMANY
Language:eng
Abstract:Pay-as-you-go pension systems provide insurance against longevity-related old-age poverty and related risks. The are commonly also used as instruments for redistribution. This paper provides several estimates of the insurance and transfer share of the German public pension system.
SCIMA record nr: 228452
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