This paper analyses the distributional effects of the Polish old-age pension reform introduced in 1999. Following a benchmark Mincer earnings equation, and using a newly developed microsimulation model we project future pension benefits for males born in years 1969–1979. We find that...

The aims of this paper are to examine the role of licensing in the strategy of Western firms aimed at increasing their share in East European markets and to establish the pattern of their licensing policy pursued there. It is also expected that, as a by-product of this study, some other...

Life expectancies are rapidly increasing and uncertain in all countries in Europe. To keep pension systems affordable, policy reforms are to be implemented which will encourage individuals to work longer. In this paper we analyze the impact of working and living longer on pension incomes in five...