English, Article, Journal or magazine article edition: Pension Liabilities in the Seven Major Economies Paul van den Noord; Richard Herd

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Pension Liabilities in the Seven Major Economies
Author
  • Paul van den Noord
  • Richard Herd
Physical Description
  • preprint
Notes
  • This paper forms part of on-going OECD work on the economic assessment of public pension systems in view of the process of the ageing of populations. It provides indicative estimates of the likely size of public pension liabilities in the main seven economies based on simplifying assumptions, and analyses various methods of financing these liabilities. The methodology developed here is based on the so-called generational accounts approach. Such accounts indicate in present-value terms the lifetime financial burden government programmes impose on present and future generations. Up to now, the methodology has been used to estimate public pension liabilities in France and Belgium, in the framework of the 1993 OECD Economic Surveys for those countries ... Ce document fait partie d'un travail en cours à l'OCDE sur l'évaluation économique des systèmes publics de pension face au processus de vieillissement des populations. A titre indicatif, il fournit des estimations sur l'importance probable des engagements des systèmes publics de pensions dans les sept grands pays en s'appuyant sur des hypothèses simplifiées et analyse diverses méthodes de financement de ces engagements. La méthodologie qui est développée ici se fonde sur l'approche dite de la comptabilité générationnelle. Celle-ci indique en termes de valeur actuelle le fardeau financier que les programmes gouvernementaux imposent sur les générations présentes et futures leur vie durant. Jusqu'à présent, cette méthodologie a été utilisée pour estimer les engagements des systèmes publics de pension en France et en Belgique, dans le cadre des Études Économiques de l'OCDE de ces deux pays ...
  • RePEc:oec:ecoaaa:142-en
Language
  • English
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