Paper
Pensions (2008) 13, 213–220. doi:10.1057/pm.2008.25
Competition between unfunded systems: A European Union challenge
This article has been adapted from the following book chapter: Free Choice of Unfunded Systems: A Preliminary Analysis of a European Union Challenge, by Gabrielle Demange. Published in Pension Strategies in Europe and the United States, edited by Robert Fenge, Georges de Ménil and Pierre Pestieau. ISBN-10: 0-262-06272-0. Published by The MIT Press. A review of this book will be published in the next issue of the journal.
Gabrielle Demange1
Correspondence: Gabrielle Demange, EHESS, ISE, 48 Boulevard Jourdan, Paris 75014, France. E-mail: demange@pse.ens.fr
1is Directeur d' Etudes at Ecole des Hautes Etudes en Sciences Sociales and Professor at Paris School of Economics.
Received 15 September 2008; Revised 15 September 2008.
Abstract
The first pillars of social security systems widely differ across European countries, in both the contribution rate and intra-generational redistribution. What would be the impact of these differences if European Union citizens had free access to all systems? This paper aims to highlight some basic features of this question.
Keywords:
unfunded systems, intra-generational redistribution, free choice
