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Published on Wednesday, November 14, 2018

Pensions, employment and contributivity

Summary

Distributive pension systems such as Spain’s are based on an implied inter-generational contract between workers and pensioners. A contract which in addition to being sustainable in the long term and providing adequate pensions, must also be balanced and efficient. Without sustainability, adequacy cannot be assured.

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Authors

Rafael Doménech BBVA Research - Head of Economic Analysis

Documents and files


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Press Article (PDF)

RafaelDomenech_Expansion_eng

English - November 14, 2018

Press Article (PDF)

RafaelDomenech_Expansion_esp

Spanish - November 14, 2018

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