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    Published on Monday, October 9, 2017 | Updated on Monday, October 9, 2017

    Pensions, economic growth and welfare in advanced economies

    Summary

    In this presentation we analyse the effects of pension systems on growth and welfare, seeking an efficient balance between contributiveness, distortions, incentives, and equality and insurance against risks. PAYG systems should remain a fundamental part of the welfare state, using notional accounts and minimum pensions to reduce inequality and the risk of social exclusion.

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    Authors

    Rafael Doménech BBVA Research - Head of Economic Analysis
    Enrique Devesa

    Documents and files

    Presentation (PDF)

    Pensions-Economic-Growth-and-Welfare-in-Advanced-Economies

    English - October 9, 2017

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