Kékesi, Zsuzsa; Kiss, Gábor P. - In: MNB Bulletin 6 (2011) 1, pp. 44-48
The private pension pillar established in 1998 has generated equally important short-, medium- and long-term effects. This article addresses the short- and medium-term time horizons, which differ from one another. In the short term, the government lost contribution revenues, while its pension...