Publicação
Reforma do sistema de pensões e consistência intertemporal da protecção social
| Resumo: | A social policy is said to be temporally inconsistent if unanticipated changes occur in circumstances that were foreseeable at the time of its formulation and implementation. The temporal consistency of pension systems is considered essential to achieve socially desirable goals as it offers individuals and institutions a stable framework for the future planning of their decisions on consumption, savings, the labor market, and retirement. In this paper we analyze the impact of demographic trends on the equilibrium of the intergenerational social contract, discuss the importance of temporal consistency in the management of pension systems and present the general features of a structural reform of pension systems. |
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| Autores principais: | Bravo, Jorge Miguel Ventura |
| Assunto: | Pension systems Intertemporal consistency Social policy Aging SDG 1 - No Poverty SDG 8 - Decent Work and Economic Growth SDG 10 - Reduced Inequalities |
| Ano: | 2020 |
| País: | Portugal |
| Tipo de documento: | capítulo de livro |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | português |
| Origem: | Repositório Institucional da UNL |
| Resumo: | A social policy is said to be temporally inconsistent if unanticipated changes occur in circumstances that were foreseeable at the time of its formulation and implementation. The temporal consistency of pension systems is considered essential to achieve socially desirable goals as it offers individuals and institutions a stable framework for the future planning of their decisions on consumption, savings, the labor market, and retirement. In this paper we analyze the impact of demographic trends on the equilibrium of the intergenerational social contract, discuss the importance of temporal consistency in the management of pension systems and present the general features of a structural reform of pension systems. |
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