Article2008

Grey New World: Europe on the Road to Gerontocracy?

17 citations0/0 files storedCESifo Economic Studies

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Retirement, Disability, and Employment Financial Literacy, Pension, Retirement Analysis Employment, Labor, and Gender Studies

Abstract

Higher life expectancy and feminization of work have changed the life course. These developments require changes in the way society organizes work and accumulates and maintains human capital over the life cycle. This paper describes various reforms aimed at preventing Europe from becoming a gerontocracy. It also discusses the political challenges associated with reforms aimed at lengthening the working life and protecting fertility. (JEL code: J1)

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1999Social Norms and Economic Incentives in the Welfare State 2003The Gains from Pension Reform 2002Pension Reforms and the Opinions of European Citizens 2004Lessons for an ageing society: the political sustainability of social security systems 2010Does information increase political support for pension reform?1992Children and pensions.2006Dealing With the New Giants: Rethinking the Role of Pension Funds 2002People, demography and social exclusion

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