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Title: | Pension reforms in the 1990s and during the financial crisis : more of the same? |
Authors: | Grech, Aaron George |
Keywords: | Pensions -- European Union countries Retirement income -- European Union countries Global Financial Crisis, 2008-2009 Pensions Finance |
Issue Date: | 2015 |
Publisher: | University of Vechta |
Citation: | Grech, A.G. (2015). Pension reforms in the 1990s and during the financial crisis : more of the same?. Discussion Paper 21/2015, Institut fur Gerontologie, University of Vechta. |
Abstract: | Many EU countries have been carrying out substantial pension reforms since the mid-1990s. This article studies whether the reforms that were carried out in ten EU countries before and after the financial crisis of 2008 are different. This is done through an analysis of the different elements of these reforms and also by comparing entitlements of statutory pension systems after each set of reforms. The main conclusion is that the pre-crisis reforms were much stronger and had a more negative impact on women than the post-crisis reforms. It is harder to determine whether this represents a temporary break in the reform process or a permanent change in the orientation of pension reforms in these ten countries. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/33546 |
ISSN: | 2193178X |
Appears in Collections: | 2015 |
Files in This Item:
File | Description | Size | Format | |
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Pension_reforms_in_the_1990s_and_during_the_financial_crisis_More_of_the same_2015.pdf | 966.98 kB | Adobe PDF | View/Open |
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