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Pension reform in (F)BH with a special focus on gender issue

Author

Listed:
  • Velma Pijalovic

    (School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina)

  • Lejla Lazovic-Pita

    (School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina)

  • Almir Pestek

    (School of Economics and Business, University of Sarajevo, Sarajevo, Bosnia and Herzegovina)

Abstract

The purpose of the paper is to analyse and examine legal changes and requirements that affect retirement conditions and retirement rights for women in BH. After a discussion of the theoretical background of the gender gap in pensions internationally and in BH, an opinion survey related to pension system reforms was conducted in FBH. The results show that almost 50% of respondents disagree with the statement that women and men should retire at the same age. The results of the binomial logit regression conducted indicate that pensioners and those who are close to the retirement age are less likely, and men are more likely to respond positively to this statement. We conclude that there is a discrepancy between the desire to eliminate gender disparities in pensions and the willingness to conduct necessary reforms since they come as a bitter pill to swallow.

Suggested Citation

  • Velma Pijalovic & Lejla Lazovic-Pita & Almir Pestek, 2021. "Pension reform in (F)BH with a special focus on gender issue," Public Sector Economics, Institute of Public Finance, vol. 45(3), pages 305-328.
  • Handle: RePEc:ipf:psejou:v:45:y:2021:i:3:p:305-328
    DOI: 10.3326/pse.45.3.1
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    References listed on IDEAS

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    1. Barrientos, Armando, 1998. "Pension reform, personal pensions and gender differences in pension coverage," World Development, Elsevier, vol. 26(1), pages 125-137, January.
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    3. Therese Jefferson, 2009. "Women and Retirement Pensions: A Research Review," Feminist Economics, Taylor & Francis Journals, vol. 15(4), pages 115-145.
    4. Elena Bardasi & Stephen P. Jenkins, 2010. "The Gender Gap In Private Pensions," Bulletin of Economic Research, Wiley Blackwell, vol. 62(4), pages 343-363, October.
    5. William E. Even & David A. Macpherson, 1994. "Gender Differences in Pensions," Journal of Human Resources, University of Wisconsin Press, vol. 29(2), pages 555-587.
    6. Lis,Maciej & Bonthuis,Boele, 2019. "Drivers of the Gender Gap in Pensions : Evidence from EU-SILC and the OECD Pension Model," Social Protection Discussion Papers and Notes 136540, The World Bank.
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    More about this item

    Keywords

    pension reform; FBH; gender gap in pensions (GGP); logistic regression;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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