Showing 1 - 10 of 3,779
Persistent link: https://www.econbiz.de/10011695669
The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10010324730
This paper provides the results of analyses of key problems related to pension systems and their reforms in Russia and Ukraine. The pension systems and their reforms in both countries are compared. They are also compared with the general picture observed in the OECD or selected countries...
Persistent link: https://www.econbiz.de/10010326595
This paper gives a reassessment of the sustainability of the reformed Hungarian pension system with a special focus on whether the introduction of the fully funded pillar in 1998 has led to any improvement in the sustainability of the pension system. After a brief description of the 1997/1998...
Persistent link: https://www.econbiz.de/10010322382
In diesem Beitrag geben wir einen Überblick über die Beamten-Pensionsfonds der Länder in Deutschland. Die Fonds wurden zur Deckung künftiger Pensionszahlungen an die Beamten angelegt und unterscheiden sich in Konstruktion, Anlagestrategie und Volumen spürbar zwischen den Ländern. Wir gehen...
Persistent link: https://www.econbiz.de/10011886049
Persistent link: https://www.econbiz.de/10011696244
Altersvorsorge zu stärken. Diese Möglichkeit wird aber bisher nur unzureichend in Anspruch genommen. Wir machen dafür vor allem zwei … Ursachen verantwortlich. Zum einen ist gegenwärtig die private Altersvorsorge nach dem „Opt-In“-Prinzip organisiert. Nur … vor allem intransparente Kosten auf. In der Folge halten sich viele Verbraucher bei der privaten Altersvorsorge zurück …
Persistent link: https://www.econbiz.de/10012144657
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10010261654
This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...
Persistent link: https://www.econbiz.de/10010262119
There are only few estimates of the returns on contributions to the German public pension System (GPPS). Those that are published ränge between nominal rates of future returns between about 4,5 % and 48 %, indicating that GPPS treats different groups of people differently. The authors develop a...
Persistent link: https://www.econbiz.de/10010275559