Previous versions of this paper were given at the conference “Rethinking the Economics of Pensions: Is there a crisis of pensions or of pensions' governance and regulation?” organized by the Knowledge Transfer Network and the University of Warwick and held in London, 21–22 March 2013, the conference “Pension Reforms in Post-Socialist and other Countries: Comparison and Evaluation” held at Poznań University of Technology, 12–13 September 2013, and the conference “Impact of Ageing on Public Finances and Labour Markets in EU Regions” organized by the Institute of Economic Research of the Slovak Academy of Sciences and held in Smolenice, 28–30 October 2013. Some of the ideas contained were discussed with András Simonovits, to whom the author is grateful. Thanks are also due to Karl-Gustaf Scherman and Robert Lindley for their comments on earlier drafts, and to two anonymous referees.
From pension funds to piggy banks: (Perverse) consequences of the Stability and Growth Pact since the crisis
Article first published online: 17 MAR 2014
© 2014 International Social Security Association
International Social Security Review
Volume 67, Issue 1, pages 27–48, January-March 2014
How to Cite
Casey, B. H. (2014), From pension funds to piggy banks: (Perverse) consequences of the Stability and Growth Pact since the crisis. International Social Security Review, 67: 27–48. doi: 10.1111/issr.12029
Work on this paper was supported by the European Commission's FP7 programme via the project GUSTO; see <www.gusto-project.eu>.
- Issue published online: 17 MAR 2014
- Article first published online: 17 MAR 2014
- European Commission's FP7
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