Private Pension Funds in Hungary: Politics, Institutions, and Performance [PDF]
The new pension system launched in Hungary in 1998 is epoch-making for having introduced a mandatory private pension scheme (MPPS). However, the political decision-making on pension reform and the scheme operations have been greatly influenced by ...
Iwasaki, Ichiro, Sato, Kazuko
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Pension reform in the Czech Republic: Not a Lost Case? [PDF]
In this paper, we combine macro and microeconomic approaches to a pension reform. First, we modify an OLG model and estimate macroeconomic effects of a pension systém switch from a pure PAYG to a mixed system. Second, we employ macroeconomic results in a
Ondřej Schneider
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DEDUCTIBILITY OF CONTRIBUTIONS TO VOLUNTARY PRIVATE PENSIONS [PDF]
Annals of the University of Petrosani: Economics, 2011 The present paper approaches the notion of public and private pension in Romania. Pension can be seen in terms of a replacement income to individuals whose age no longer affords to operate in the labour market.
LILIANA MUNTEAN, ANA-PETRINA STANCIU
doaj
Public Sector Pension Policies and Capital Accumulation in Emerging Economies [PDF]
In many emerging economies pension programs of public sector workers are more generous than pension programs of private sector workers. In this paper we investigate public pension reforms that improve efficiency and welfare by reallocating government ...
Changmin Lee +3 more
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From Traditional DB to Notional DC Systems: Reframing PAYG contributions to "notional savings" [PDF]
This paper provides a critical review of the pension reform strategy which turns defined benefits (DB) public pay-as-you-go systems into notional defined contribution (NDC) systems.
Börsch-Supan, Axel
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Pension-Spiking, Free-Riding, and the Effects of Pension Reform on Teachers' Earnings. [PDF]
J Public Econ, 2017 Fitzpatrick MD.
europepmc +1 more source
The impact of institutional investors on risk and stock return autocorrelation in the context of the polish pension reform [PDF]
The main aim of this paper is to examine the relationship between the increasing share of institutional investors resulting from the pension reform in Poland and stock return autocorrelation as well as risk level on the Warsaw Stock Exchange. The problem
Henryk Gurgul, Pawel Majdosz
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Pensions, Education and Life Expectancy [PDF]
In a two-period model with agent heterogeneity we analyze a pension reform toward a stronger link between contributions and benefits (as recently observed in several countries) in a pension system with a Bismarckian and a Beveridgian component.
Michael Gorski +2 more
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The new pensions in Kazakhstan : challenges in making the transition [PDF]
In June of 1997 Kazakhstan embarked on a dramatic reform of its pension system, replacing the inherited pay as you go regime with one based entirely on fully funded individual accounts.
Hinz, Richard P. +2 more
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Pension Reform in Germany: The Impact on Retirement Decisions [PDF]
The paper examines the long-term implications of various reform options on retirement entry decisions and the actual retirement age of older workers.
Axel Börsch-Supan, Barbara Berkel
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