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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
, reallocation of net income is not the only change. At present, pension contributions are proportional to gross earnings, while … pension benefits are proportional to net earnings. If this situation does not change, a substantial deficit in the pension …
Persistent link: https://www.econbiz.de/10010494715
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Simultaneous processing of two surveys enabled, to analyse the labour conditions of those near retiring age 50 years and over. As preparatory work for the microcensus carried out by the Hungarian Central Statistical Office in April 1996 a pilot survey of national representativeness and covering...
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Thanks to a joint effort of the Central Statistical Office (KSH) and the National Pension Insurance Directorate (ONYF … on the present and future problems of the pension system. The paper is organised so as it can provide useful information …
Persistent link: https://www.econbiz.de/10010494692
This study investigates the crowding out effect among old and young workers in the Hungarian public sector, using job-level data. The analysis improves upon analyses based on aggregate data by considering the levels of employment for various labour types and the employment opportunities and...
Persistent link: https://www.econbiz.de/10010494737
Thanks to a joint effort of the Central Statistical Office (KSH) and the National Pension Insurance Directorate (ONYF … on the present and future problems of the pension system. The paper is organised so as it can provide useful information …
Persistent link: https://www.econbiz.de/10003919794