Implementation of a System of individual capitalization accounts in Spain
Autor: | Cortés García, Joan, Universitat Autònoma de Barcelona. Facultat de Ciències Econòmiques i Empresarials |
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Přispěvatelé: | Esnaola Acebes, Mikel |
Rok vydání: | 2020 |
Předmět: | |
Zdroj: | Dipòsit Digital de Documents de la UAB Universitat Autònoma de Barcelona |
Popis: | The aim of this work is to analyse the hypothetical consequences of implementing a System of individual capitalization accounts in Spain. This possibility was introduced among other different measures in the latest National Reform Programme delivered to the European Commission by the Spanish Government. In order to assess the measure and its potential benefits for the Spanish Pension System, a model based on the Austrian Severance Pay scheme has been developed and simulated. The results obtained are promising. It was observed that under some scenarios, provision funds could help to offset the projected downward trend for replacement rates. |
Databáze: | OpenAIRE |
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