IOBE   |   Research Activities   |   Press Office   |   Supporters Club   |   Contact
Research Activities
Estimating the macroeconomic impact of pension reform scenarios in Greece
Category: Fiscal Policy
SubCategory: -
Date: 29/06/2021
The study estimates the macroeconomic impact stemming from the implementation of a pension reform scenario. The reform scenario concerns the transformation of the current supplementary insurance to a fully funded insurance pillar. At the new steady state, a part of pensions will be covered by accumulated private savings, while in the meantime the accumulation of reserves will serve as a pool for funding new productive investments in the real economy, albeit creating some funding gap during the transition period. The analysis quantifies the expected macroeconomic impact of the pension reform on the economy’s long run growth prospects, including through enhanced investments and productivity, while taking into account its effects on public finances as well as the transition costs and the related need for interim funding.

Browse our Research
Aims & Functions
Organization Chart
        Report on the Greek Economy     Business and Consumer Surveys     Press Office
Press Releases
    Supporters Club
Management Board - Charter
Contact Info - Registration Form