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Poland faces one of the most rapidly ageing population in Europe. The old age dependency ratio is expected to triple …
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: the Czech Republic, Hungary, Poland and Romania during the 1990s. Our major factual finding is that Poland and Romania are … in Hungary and Poland are in part inherited (especially in Poland) and in part caused by the more radical restructuring …
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Pension economics has traditionally guided pension policy with the help of formal models based on individuals who think in a life cycle context with perfect foresight, full information, and in a time-consistent manner. This paper sheds light on selected aspects of pension economics when these...
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