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Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate...
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contrasted with the empirical evidence from annual household income surveys from six transition economies (Bulgaria, Hungary …
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average) to 35?38 (above OECD average) in less than 10 years. In some countries, such as Bulgaria, Russia, and Ukraine, the …; another remains jobless. The model is contrasted with the actual developments in six transition economies: Bulgaria (over 1989 …
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