1 Knowledge of the theory of institutions for pension savings and social security
2 Understanding of the role of culture, history and economics in the design and size of institutions and in pensions and social security.
3 Understanding of the impact of pensions and social security on labor markets, savings, fertility, family formation, migration.
4 Understanding of the role of political decision-making in the field of pensions and social security
5 Knowledge of the international variety in pension and social security institutions, and ability to discern best-practices and role models.
6 Ability to have a motivated view on the future of pensions and social security within Europe.
Across Europe and elsewhere, we find a large variety in social security and pension savings institutions. This institutional diversity can be traced back to cultural, historical and economic factors. The course pays attention to the main differences as well as common aspects in size and design in social security and pension savings institutions. The student will understand that institutional variety contributes in explaining big developments in fertility, family formation, savings within countries and Europe. Understanding the European variety also helps students to formulate a motivated view on future developments, including whether a pan-European solution in social security and pensions will evolve over time, or not.