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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 …
Persistent link: https://www.econbiz.de/10014468530
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 …
Persistent link: https://www.econbiz.de/10014454665
Due to an EU directive, with tight deadlines, the Hungarian government has to work out program, including a pension reform. The plan is to be discussed publicly and made into a law. The last public and detailed pension package was a Working Paper of the National Bank of Hungary, 2016, which...
Persistent link: https://www.econbiz.de/10014468484
The Hungarian Personal Income Tax system is being transformed between 209 and 2013. Tax brackets and the previously existing tax credit is being abolished and this changes the net/gross income ratios in all income categories. This does not only lead to a significant loss in government's income,...
Persistent link: https://www.econbiz.de/10010494715
The Hungarian Personal Income Tax system is being transformed between 209 and 2013. Tax brackets and the previously existing tax credit is being abolished and this changes the net/gross income ratios in all income categories. This does not only lead to a significant loss in government's income,...
Persistent link: https://www.econbiz.de/10009301400
Due to an EU directive, with tight deadlines, the Hungarian government has to work out program, including a pension reform. The plan is to be discussed publicly and made into a law. The last public and detailed pension package was a Working Paper of the National Bank of Hungary, 2016, which...
Persistent link: https://www.econbiz.de/10014454621
A life-cycle growth model is used to investigate the quantitative impact of gradually converting the financing of social security from pay-as-you-go (PAYGO) to full funding. The magnitudes of the losses and gains that particular age cohorts will experience under alternative speeds of conversion...
Persistent link: https://www.econbiz.de/10005641580
education and family status. The paper was commissioned by the Roundtable on Pensions and Old-Age People, a think-tank working …
Persistent link: https://www.econbiz.de/10010494692
Persistent link: https://www.econbiz.de/10000957301
Persistent link: https://www.econbiz.de/10000785637