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THE SPANISH PENSION SYSTEM: ISSUES OF INTRODUCING NOTIONAL DEFINED CONTRIBUTION ACCOUNTS

VIDAL-MELIÁ, CARLOS; DOMÍNGUEZ-FABIAN, INMACULADA - EconWPA - 2005

There are two aims to this paper: firstly, to provide an objective technical assessment of the current situation of the contributory pension system in Spain and its prospects for the future, and secondly, to look at the issues surrounding the introduction of a system of notional defined...

Persistent link: https://www.econbiz.de/10005560969

Universal Pensions in Low Income Countries

Willmore, Larry - EconWPA - 2004

Most workers in developing countries have no access to pensions in old age. Well-intentioned reformers have concentrated on privatization, but this does nothing to expand coverage. Non-contributory, universal pensions automatically protect an entire population, in a way that contributory...

Persistent link: https://www.econbiz.de/10005556908

Aging, Labor Markets and Pension Reform in Austria

Christian, Keuschnigg; Mirela, Keuschnigg - EconWPA - 2004

This paper investigates the dynamic consequences of demographic change and various pension reform scenarios for Austria. The analysis is based on a computable overlapping generations model with life-cycle labor supply, savings, and search unemployment. The public sector is decomposed into...

Persistent link: https://www.econbiz.de/10005125671

The Need for Pension Reform

Thakur, Subhash; Cerra, Valerie - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005408402

Pension Reform in a Highly Informalized Post-Soviet Economy

Dobronogov, Anton; Mayhew, Les - EconWPA - 2000

Pension reform is now on the national agenda in most post-Soviet countries. These countries have highly informalized economies, which means that large areas of economic activity go unreported to the authorities. This paper deals with the problem of pension reform in a highly informalized...

Persistent link: https://www.econbiz.de/10005408432

Polish Pension Funds, Does The System Work? Cost, Efficiency and Performance MeasurementIssues

Stanko, Dariusz - EconWPA - 2003

This paper is a part of the author's wider research on the current Polish pension fund system. It deals with the systemfs efficiency from the point of view of the individual fund member. After over three years of functioning, the savings accumulated with the pension funds only slightly exceed...

Persistent link: https://www.econbiz.de/10005412460

Population ageing, labour markets and the outlook for public finances

Kinnunen, Helvi - EconWPA - 2004

Keeping public finances on a sustainable foundation while the population ages is clearly a problem in Finland, as in many other western countries. The shrinking of the working-age population, ageing of the labour force, and growth in the number of very old persons form a difficult combination...

Persistent link: https://www.econbiz.de/10005412491

Performance Evaluation of Public Pension Funds: The Reformed Pension System in Poland

Stanko, Dariusz - EconWPA - 2003

The paper is an updated first performance evaluation study of the Polish pension funds operating from 1999. The unconditional performance evaluation models are used. It is shown that pension fund managers did produce additional value due to active management. Therefore, unsatisfactory overall...

Persistent link: https://www.econbiz.de/10005413168

Inequality-Driven Growth: Unveiling Aggregation Effects in Growth Equations

Albuquerque, Pedro H. - EconWPA - 2005

. The accelerated growth episodes observed in Brazil and China demonstrate that the increase in income inequality may have …

Persistent link: https://www.econbiz.de/10005555988

Half a World: Regional inequality in five great federations

Milanovic, Branko - EconWPA - 2004

The paper studies regional (spatial) inequality in five most populous countries in the world: China, India, the United … issue of overall inequality as perceived by citizens within a nation. China and India show rising inequality in terms of … vs. Bihar, and Shandong vs. Sichuan provide nice examples of such outcomes in India and China. Higher inflation and …

Persistent link: https://www.econbiz.de/10005556224