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The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...
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economic point of view / Jonathan Gruber, David A. Wise -- Labor mobility, redistribution, and pension reform in Europe / Alain …
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Social Security in the United States and in Europe is at a critical juncture. Through the essays assembled in Social … Security Pension Reform in Europe, Martin Feldstein and Horst Siebert, along with a number of distinguished contributors …, discuss the challenges facing Social Security reform in the aging societies of Europe. A remarkable range of European nations …
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Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
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