The interaction between pension schemes and economic activity: a «demand-based» theoretical approach

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Veröffentlicht: Ιουν 30, 2023
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2023-06-30 (1)
DOI: https://doi.org/10.12681/scad.37297
Zois Gerasimos Katsimigas
University of Athens
https://orcid.org/0009-0001-2848-5308
Christos Papatheodorou
Panteion University of Social and Political Sciences,Athens, Greece
https://orcid.org/0009-0001-2848-5308
Abstract

Motivated by the recent capitalization of the
auxiliary pension and the demographic projections of ageing and population decline in the
coming decades in Greece, we will identify
and examine the determinants of the pensions of the two social security schemes (PayAs-You-Go & Fully Funded), their relationship
with the functional distribution of income, as
well as their interaction with economic activity. The aim is to highlight the importance of
examining pension systems in relation to the
macroeconomic environment in order to clarify the impact of both demographic changes
and fiscal policies to reduce the pension system dependency ratio, and the state contribution to pensions on economic activity and
public debt.

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Autor/innen-Biografien
Zois Gerasimos Katsimigas, University of Athens

Zois Gerasimos Katsimigas, graduated from the Department of Economics, University of Athens,
holds an MSc in applied economics and has recently submitted his PhD thesis to the same Department. His research interests focus on social policy, income inequality, the macroeconomic environment and income distribution, pension schemes and SFCM macroeconomic models. Contact
email: akiskatsimigas@hotmail.com

Christos Papatheodorou , Panteion University of Social and Political Sciences,Athens, Greece

Christos Papatheodorou is Professor of Social Policy at the Panteion University of Social and
Political Sciences (Athens, Greece). His main areas of research interests and publications are in
the fields of the political economy of social policy, social and economic inequalities, poverty, macroeconomic environment and social protection, functional and personal distribution of income.

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