Showing 1 - 10 of 31
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
Persistent link: https://www.econbiz.de/10005408402
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
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
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
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
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
This paper builds a Keynesian type econometric model with a dynamic perspective and a sound theoretical basis, for investigating the impact of remittances on consumption, investment, imports and output. It estimates short and long-run multiplier effects of exogenous shocks of remittances, with...
Persistent link: https://www.econbiz.de/10005076545
suggest that ``trade and migration are substitutes,'' labor markets in both the US and Canada exhibit substantial and … persistent interregional migration, with gross migration rates that greatly exceed net migration rates, especially for highly …-educated workers. High gross migration rates are consistent with the hypothesis that education contributes to skill-specialization and …
Persistent link: https://www.econbiz.de/10005076579
Both current and especially new member states of the European Union face incentives to distort the provision of public education away from internationally applicable education towards country-specific skills. This would mean educating too few engineers, economists and doctors, and too many...
Persistent link: https://www.econbiz.de/10005125879