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Old age pensions, demography and economic growth in the long run: the French case revisited

Altersrenten, Demographie und langfristiges Wirtschaftswachstum: der Fall Frankreich neu besucht
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Reimat, Anne

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Abstract "This paper analyses the evolution of the French pension system from the mid-nineteenth century to the current period. Competing or complementary hypotheses that can explain the long-run rise in pension expenditure are discussed. The determinants that appear to offer the best explanation for the evolution of pension expenditure are economic growth, the process of industrialization and ageing. The time series related to these determinants are cointegrated over the long run. A multivariate model is estimated in order to assess the long-run elasticities between the pension expenditure and its main determinants." (author's abstract)
Keywords retirement pension; elderly; demography; economic growth; France; pension insurance; nineteenth century; twentieth century; industrialization; aging; time series; multivariate analysis; model; expenditures; determinants
Classification Social Security; Population Studies, Sociology of Population; Economic Policy
Method applied research; descriptive study
Document language English
Publication Year 2012
Page/Pages p. 327-347
Journal Historical Social Research, 37 (2012) 4
ISSN 0172-6404
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works