The Demographic and Educational Transitions and the Sustainability of the Spanish Public Pension System

Para este fin, en la primera parte del documento se describe el proceso de acumulación de fondos y las variables que influyen en el monto de la pensión; luego se estima el perfil

By application of a partially linear model to micro data from the German public pension system, it is found that neither life expectancy, nor retirement age is monotonously

The new regulations for survivors' pensions are applied in both cases, Table 11 shows changes in number of pensioners and number of persons in the labor force for these two

Five demographic scenarios were formulated: (i) a Benchmark scenario, with demographic rates kept constant at their 1980-84 level; (ii) a Fertility scenario, with a

The proportion divorced for both genders would initially increase and after about a quarter of a century would stabilize, at a level of about 12 percent for females and 9

Four demographic scenarios were formulated: (i) a Benchmark scenario, with demographic rates kept constant at their 1980-84 level; (ii) a Fertility scenario, with a

Two other caractenstics of the National 1 scenario are increasing labor force participation rates for females, (about stable rates for males) (Marc and Marchand),

The national scenario, in addition to the demographic assumptions presented in the first section of this paper, assumed that labor force participation rates will