A Simple Model of Aggregate Pension Expenditure

  • Authors: Angel de la Fuente.
  • BSE Working Paper: 110040 | September 15
  • Keywords: Spain , sustainability , pensions
  • JEL codes: H55
  • Spain
  • sustainability
  • pensions
Download PDF Download pdf Icon

Abstract

This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension system and the steady-state response of pension expenditure to changes in some key demographic and economic variables, in the characteristics of the average pensioner and in the parameters that describe how pensions are calculated in Spain as a function of workers’ Social Security contribution histories.

Subscribe to our newsletter
Want to receive the latest news and updates from the BSE? Share your details below.
Founding institutions
Distinctions
Logo BSE
© Barcelona Graduate School of
Economics. All rights reserved.
QualityTransparencyLegalCookie PolicySite map
YoutubeFacebookLinkedinInstagramX