2008
DOI: 10.1111/j.1475-5890.2008.00070.x
|View full text |Cite
|
Sign up to set email alerts
|

The Actuarial Balance Sheet for Pay‐As‐You‐Go Finance: Solvency Indicators for Spain and Sweden*

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
1
1

Citation Types

1
36
0
2

Year Published

2015
2015
2024
2024

Publication Types

Select...
6
1

Relationship

4
3

Authors

Journals

citations
Cited by 51 publications
(39 citation statements)
references
References 22 publications
1
36
0
2
Order By: Relevance
“…In this section, we extend the actuarial overlapping generations model developed by Boado-Penas and Vidal-Meliá (2014) based on those first put forward by Settergren and Mikula (2005), Boado-Penas, Valdés-Prieto, and Vidal-Meliá (2008) and Vidal-Meliá and Boado-Penas (2013). These papers were to some extent inspired by the accounting framework for organizing, summarizing and interpreting data on transfer systems and the life cycle developed in Lee (1994), Willis (1988) and Arthur and McNicoll (1978).…”
Section: The Modelmentioning
confidence: 99%
“…In this section, we extend the actuarial overlapping generations model developed by Boado-Penas and Vidal-Meliá (2014) based on those first put forward by Settergren and Mikula (2005), Boado-Penas, Valdés-Prieto, and Vidal-Meliá (2008) and Vidal-Meliá and Boado-Penas (2013). These papers were to some extent inspired by the accounting framework for organizing, summarizing and interpreting data on transfer systems and the life cycle developed in Lee (1994), Willis (1988) and Arthur and McNicoll (1978).…”
Section: The Modelmentioning
confidence: 99%
“…In line with the classic Swedish ABS [10], which basically aims to compute the value of the commitments to contributors and pensioners taken on by the system, rather than calculate how much the system would have to pay a third party if it was decided to contract out or transfer those commitments, the interest rate for discounting liabilities to pensioners is taken to be the growth rate of the covered wage bill (G). Several papers have used a discount rate tied to wage growth or overall economic growth [11,22,24,31,32,34,73].…”
Section: Accounting Principles For the Valuation Of Assets And Liabilmentioning
confidence: 99%
“…This paper builds on previous work carried out in the field of actuarial balances [11,[20][21][22][23][24][25][26][27][28][29][30][31][32][33]. All of these have dealt with the Swedish-type ABS, which has been compiled for various countries including Sweden [10,24,27,28], Spain [24,31], Japan [21], Canada [6,30], New Zealand [25], Germany [33] and Switzerland [11].…”
Section: Introductionmentioning
confidence: 99%
See 2 more Smart Citations