Optimal design of raising retirement age

• Main Authors: Zhang, Jinggong, Zhu, Xiaobai
• 其他作者: Nanyang Business School
• 格式: Article
• 語言: English
• 出版: 2024
• 主題: Business and Management; Retirement age; Welfare
• 在線閱讀: https://hdl.handle.net/10356/180548
• 機構: Nanyang Technological University

Population aging threatens the future fiscal balance of the public pension system across many countries, and policymakers have often undertaken parametric pension reform as a solution. However, any reform will inevitably introduce intergenerational conflicts and thus needs a gradual transition to al...