Showing 1 - 10 of 1,545
enable people to have adequate income at retirement and to ensure the system's financial sustainability. Many European … European countries (CEE) face even more challenges in ensuring adequate income at retirement. First, CEE countries were … also. The paper discusses latest developments of retirement pension systems in Europe and state involvement in private pen …
Persistent link: https://www.econbiz.de/10014246848
The retirement decision is under researched in developing and emerging countries, despite the topic's close relation to … threefold increase in the legal minimum pension on labor supply and retirement behaviour at older ages. Applying difference … income effect that caused additional retirement of 30 to 47 percent. Additional evidence suggests that retirement incentives …
Persistent link: https://www.econbiz.de/10013148081
The objective of this paper is to examine and analyze empirically whether the Central and Eastern Europe countries` reformed pension systems are providing adequate and safe pensions. Starting in 1990s, most Central and Eastern European countries radically reformed their pension systems. The...
Persistent link: https://www.econbiz.de/10013101435
From 1981 to 2014, thirty countries privatized fully or partially their public mandatory pensions; as of 2018, eighteen countries have reversed the privatization. This report: (i) analyses the failure of mandatory private pensions to improve old-age income security and their underperformance in...
Persistent link: https://www.econbiz.de/10012908707
fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …
Persistent link: https://www.econbiz.de/10011690961
in the 1990s or early 2000s increasingly scaled back their mandatory private retirement accounts and restored the role of … bonds, the crisis helped strengthen the position of domestic opponents of mandatory private retirement accounts. But these …
Persistent link: https://www.econbiz.de/10013030410
This paper studies the impact of the recent weakening of Poland's fully funded defined contribution second pension … horizon. The simulation results also suggest that if Poland had not transformed its pay-as-you-go first pension pillar into a …
Persistent link: https://www.econbiz.de/10013013785
Czechia, Hungary, Poland and Slovakia. Job retention among older workers is key to prolonging careers and increasing … workers aged 55-59 are low and amount to about a half of the retention rates among prime aged workers. Only in Poland the …
Persistent link: https://www.econbiz.de/10012010263
This paper surveys the most significant problems of the pension systems of EU11 countries. These nations had to transform their old-age social security systems after replacing a state-socialist economic order with a capitalist one. Stressing common as well as specific features, our paper...
Persistent link: https://www.econbiz.de/10011537789
Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization in Latin America and Eastern Europe and typical "add-on" pension funding in Western Europe and North America. We find no evidence that pension privatization in Latin America and...
Persistent link: https://www.econbiz.de/10011536201