First considered, at a point in time, is how cross-country differences in the mix of income sources are related to three measures of economic well-being. Poverty, defined as 50 percent of mean-adjusted household income; relative adjusted disposable income of aged households with heads over 55...

After 1989, Hungary inherited a pension system characterised by an unfair and impenetrable mix of social insurance and social assistance. Widespread public dissatisfaction and the near drift into a financial crisis in the mid 1990s cleared the path for the first paradigmatic multipillar reform...