Comparing the Robustness of PAYG Pension Schemes
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper provides a framework for comparing a defined benefit (DB) and a defined contribution (DC)
point schemes, which are both pay-as-you go (PAYG) financed. Two stylised PAYG pension schemes are
modelled and simulated to compare their robustness to shocks. The same demographic developments
(distribution of workers by age and revenue and...
