... on contemporary pension generosity changes Fernandez: Economic Crises, High Public Pension Spending, Blame-avoidance Strategies Structural conditions and the arrival of the pension issue on ... Fernandez: Economic Crises, High Public Pension Spending, Blame-avoidance Strategies Figure Percent change in the hazard of a pension retrenchment produced by a standard deviation increase (economic ... prospective aging not affect the time Fernandez: Economic Crises, High Public Pension Spending, Blame-avoidance Strategies 35 until all forms of pension retrenchment and pension retrenchment without expansionary...