market status. We find that those with more internal locus of control accumulate significantly more savings and less debt. …

In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …

education and family status. The paper was commissioned by the Roundtable on Pensions and Old-Age People, a think-tank working …