The Political Economy of Structural Pension Reform by Estelle James

The Political Economy of Structural Pension Reform

This paper examines the political economy of structural social security reformthe shift from a publicly managed, pay-as-you-go, defined benefit system to one that includes a defined contribution, funded, privately managed pillar. We analyze the connection between the preexisting conditions in a country and the reforms that are likely to succeed and describe some of the strategies that policy-m...

The Political Economy of Structural

This paper examines the political economy of structural social security reformthe shift from a publicly managed, pay-as-you-go, defined benefit system to one that includes a defined contribution, funded, privately managed pillar. We analyze the connection between the preexisting conditions in a country and the reforms that are likely to succeed and describe some of the strategies that policy-m...

Political economy of pension reforms: selected general issues and the Polish pension reform case

The Political Economy of Pension Reform

Macroeconomic and Welfare Effects of Parametric Pension Reform in Iran

The aim of this paper is to analyze the macroeconomic effects of parametric reforms. An adjusted Auerbach-Kotlikoff model is used to study the effects of decreasing replacement and contribution rates of the pension system. The first part concentrates on the macroeconomic effect of reforms. Our results indicate that reducing the replacement and contribution rates increase the capital stock and d...