Arbeitspapier
Design Errors in Public Pension Systems: The Case of Hungary
This paper discusses design errors in public pension systems, using Hungary as an illus-tration. When the communist political and economic system was replaced by democracy and market economy, the subsequent governments had even greater difficulties in de-signing consistent pension reforms than before. Double-digit inflation and deep decline in real wages called for indexation and valorisation of pensions. In addition to arbitrary pub¬lic policy, poorly designed rules even amplified the errors of the public pension system, creating notch cohorts and disadvantaged strata.
- ISBN
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978-615-5447-28-0
- Language
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Englisch
- Bibliographic citation
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Series: IEHAS Discussion Papers ; No. MT-DP - 2014/14
- Classification
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Wirtschaft
- Subject
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public pension system
social security
Hungary
design errors
- Event
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Geistige Schöpfung
- (who)
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Simonovits, András
- Event
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Veröffentlichung
- (who)
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Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
- (where)
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Budapest
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Simonovits, András
- Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Time of origin
- 2014