Flexibility: Adjusting the Danish pension system

23.10.2018

In two short feature articles, both co-authored with Bjarne Astrup Jensen and both published by the Danish business newspaper, Børsen, we argue in favour of a more flexible pension system in Denmark. In the first article, we focus on contribution rates to pension savings and question whether the same contribution rate over a life cycle is consistent with a goal of smoothing the time profile for individual consumption. In the second article, we note that although Denmark's pension system is found to be the world's best, Denmark is also a country with record levels in private households' indebtedness when pension savings are disregarded. How can this be considered rational? The first feature article can be found here (and a version in English here). The second article can be found here (and a version in English here).      My other recent op-eds can be found here.


Last updated by: Svend Erik Hougaard Jensen 24/10/2018