Artikel
Effects of the Public Sector downsizing on Social Security and public finance
This paper presents the results of the actuarial valuation method Projected Unit Credit ("benefits/years of service") in order to assess the effects of the public sector downsizing on real economy and social security in Greece, using a prototype data set. We found a social security loss of about 1.3 bn.€, and the effect on the GDP is estimated -13.6 bn.€ (or -7%). We also report a decrease in the direct income by 6.1 bn.€.
- Sprache
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Englisch
- Erschienen in
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Journal: SPOUDAI - Journal of Economics and Business ; ISSN: 2241-424X ; Volume: 64 ; Year: 2014 ; Issue: 1 ; Pages: 53-62 ; Piraeus: University of Piraeus
- Klassifikation
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Wirtschaft
Financial Econometrics
Social Security and Public Pensions
- Thema
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Projected Unit Credit Method
Public Sector Downsizing
Pensions
Social Security
- Ereignis
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Geistige Schöpfung
- (wer)
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Vogiatzis, Ioannis
Siriopoulos, Costas
Frangos, Nikolaos
- Ereignis
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Veröffentlichung
- (wer)
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University of Piraeus
- (wo)
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Piraeus
- (wann)
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2014
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Vogiatzis, Ioannis
- Siriopoulos, Costas
- Frangos, Nikolaos
- University of Piraeus
Entstanden
- 2014