Reforming French Pensions: Transition to a Notional Defined Contribution System (notice n° 157695)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01487cam a2200205 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031946.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Chojnicki, Xavier |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Reforming French Pensions: Transition to a Notional Defined Contribution System |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2014.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 22 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | We simulate the consequences of the transition of the French pension system to a notional defined contribution (NDC) system between 2015 and 2030 using a stylised overlapping-generations general equilibrium model incorporating macroeconomic feedback effects. Introducing an NDC system would reduce financing requirements by around 0.8 points of GDP by 2030. In terms of financing requirements, an NDC system would outperform the existing pay-as-you-go system in case of an increase in life expectancy or a decrease in productivity growth. The two systems are equivalent in the event of a decline in fertility or a rise in the unemployment rate. In an NDC system, however, an increase in the contribution rate has a negative impact on financing requirements because pensions automatically rise in line with contributions. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | ageing |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | overlapping-generations model |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | pension systems |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Magnani, Riccardo |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Économie & prévision | o 200-201 | 2 | 2014-10-17 | p. 69-90 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-2012-2-page-69?lang=en">https://shs.cairn.info/journal-economie-et-prevision-2012-2-page-69?lang=en</a> |
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