Arbeitspapier
Forced reduction of pension contribution rate?
Due to various causes, the pension contribution rate can be reduced temporarily below its long-term value. We call a reduction forced if the balance of the public pension system is preserved through excessive wage-hikes and irritable relative devaluation of pensions in progress. A very simple overlapping cohorts model shows the limits of this policy and the resulting unfairness among cohorts.
- Language
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Englisch
- Bibliographic citation
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Series: IEHAS Discussion Papers ; No. MT-DP - 2018/11
- Classification
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Wirtschaft
Household Behavior: General
Social Security and Public Pensions
- Subject
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public pensions
pension contribution rate
indexation
fairness among cohorts
- Event
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Geistige Schöpfung
- (who)
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Simonovits, András
- Event
-
Veröffentlichung
- (who)
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Hungarian Academy of Sciences, Institute of Economics
- (where)
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Budapest
- (when)
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2018
- Handle
- Last update
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10.03.2025, 11:43 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
Time of origin
- 2018