The UvA-LINKER will give you a range of other options to find the full text of a publication (including a direct link to the full-text if it is located on another database on the internet).
De UvA-LINKER biedt mogelijkheden om een publicatie elders te vinden (inclusief een directe link naar de publicatie online als deze beschikbaar is in een database op het internet).

Search results

Query: faculty: "FEB" and publication year: "2006"

AuthorsR.M.W.J. Beetsma, A.L. Bovenberg
TitlePension systems, intergenerational risk sharing and inflation
PublisherEuropean Commission
PlaceBrussels
Year2006
Pages32
ISBN9279011987
Title seriesEuropean Economy, Economic Papers
Series number257
FacultyFaculty of Economics and Business
Institute/dept.FEB: Amsterdam School of Economics Research Institute (ASE-RI)
AbstractWe investigate intergenerational risk sharing in two-pillar pension systems with a pay-as-you-go pillar and a funded pillar. We consider shocks in productivity, depreciation of capital and inflation. The funded pension pillar can be either defined contribution or defined benefit, with benefits defined in real or nominal terms or indexed to wages. Optimal intergenerational risk sharing can be achieved only in the presence of a defined benefit pension system with appropriate restrictions on investment policy of the funded pillar. In this way, both generations have similar exposures to financial and human capital risks.

Keywords: (funded) pensions, fiscal policy, nominal assets, risk-sharing, overlapping generations.

JEL codes: E21, H55, J18.
Document typeReport
Download
Document finderUvA-Linker