Sustainability Archives - Page 4 of 4 - Pension Policy International

February 2019

10FebFebruary 10, 2019

Bridging Public Pension Funds and Infrastructure Development

By Clive Lipshitz (Tradewind Interstate Advisors) & Ingo Walter (New York University - Leonard N. Stern School of Business; New York University (NYU) - Department of Finance) Underfunding of U.S. public pensions is a chronic policy issue that has become more severe over time. Public pension obligations were estimated at $5.96 trillion at the end of 2017 supported by assets of $4.33 trillion — a shortfall of $1.63 trillion and a ‘funded-ratio’ of 72.6%. We consider the sustainability of public...

February 10, 2019

Articles, Investing, Sustainability2019, Political economy, Public Policy

August 2018

25AugAugust 25, 2018

Population Aging, Social Security and Fiscal Limits

By Burkhard Heer (University of Augsburg; CESifo (Center for Economic Studies and Ifo Institute)), Vito Polito (Cardiff Business School) & Michael Wickens (University of Cardiff; Centre for Economic Policy Research (CEPR); Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute)) We study the sustainability of pension systems using a life-cycle model with distortionary taxation that sets an upper limit to the real value of tax revenues. This limit implies an endogenous threshold dependency ratio, i.e. a point...

August 25, 2018

Aging, Articles, Labor Market, Slider-Left, Sustainability, System SustainabilityRisk, Social Security, Taxation