The Dynamics of Pension Reform

This thesis consists of three essays, which all concern the dynamics of
pension reform. The first essay analyzes the dynamic properties of the
recently reformed Swedish pay-as-you-go pension system. The second
essay discusses the possibilities of a Pareto-improving reform of pay-as-you-
go social security. The third essay evaluates the dynamic adjustability
of the new Latvian pay-as-you-go pension system.