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Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least … partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which … sharply relative to those of working-age population. Partially reversing pension reform will also cost Poland in terms of risk …
Persistent link: https://www.econbiz.de/10009229814
This paper analyses the distributional effects of the Polish old-age pension reform introduced in 1999. Following a benchmark Mincer earnings equation, and using a newly developed microsimulation model we project future pension benefits for males born in years 1969–1979. We find that...
Persistent link: https://www.econbiz.de/10011540363
Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least … partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which … sharply relative to those of working-age population. Partially reversing pension reform will also cost Poland in terms of risk …
Persistent link: https://www.econbiz.de/10013123656
countries. In the paper, we compare the labour market developments in four countries: Germany, Italy, Poland, and Sweden. There … and Sweden are in contrast with low levels of employment in Italy and Poland. In the latter two countries, there is also a …
Persistent link: https://www.econbiz.de/10012926703
The structure of the Polish pension insurance system, despite many reforms carried out in recent years, is still mainly based on the pay-as-you-go (repartition) pillar. To make it work properly, a constant inflow of participants who will pay contributions, thanks to which it will be possible to...
Persistent link: https://www.econbiz.de/10013161705
This paper analyses the distributional effects of the Polish old‐age pension reform introduced in 1999. Following a benchmark Mincer earnings equation, and using a newly developed microsimulation model we project future pension benefits for males born in years 1969‐1979. We find that...
Persistent link: https://www.econbiz.de/10013016912
Recent changes in the pension system in Poland are assumed to affect the inequality in pensions and replacement rates … (measured as a percentage of a worker's pre-retirement income that is paid out by a pension program upon retirement). The …
Persistent link: https://www.econbiz.de/10012986232
This paper analyses the distributional effects of the Polish old-age pension reform introduced in 1999. Following a benchmark Mincer earnings equation, and using a newly developed microsimulation model we project future pension benefits for males born in years 1969–1979. We find that...
Persistent link: https://www.econbiz.de/10012988956
This paper quantifies the effect of Poland’s 1999 pension reform on the inequality of future pension benefits. The …
Persistent link: https://www.econbiz.de/10013222285
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