Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland
AbstractPension reform in Poland is an urgent priority. Benefit expenditures have placed considerable pressure on public finances, hampering stabilization efforts. Demographic developments will exacerbate this pressure although probably less than some estimates have suggested. The main long-term argument for reform is that the current system induces severe microeconomic distortions. To analyze possible reforms, this paper employs a simulation model of a utility-maximizing household facing the detailed rules of the current Polish pension system. The reforms considered are designed to reduce the dead-weight losses associated with current arrangements and to alleviate the inequality engendered by the present system.
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Bibliographic InfoArticle provided by Palgrave Macmillan in its journal Staff Papers - International Monetary Fund.
Volume (Year): 41 (1994)
Issue (Month): 4 (December)
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Web page: http://www.palgrave-journals.com/
Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK
Other versions of this item:
- W. R. M. Perraudin, 1994. "A Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland," IMF Working Papers 94/40, International Monetary Fund.
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
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- Turalay Kenc & William Perraudin, 1997.
"European pension systems: a simulation analysis,"
Institute for Fiscal Studies, vol. 18(3), pages 249-277, August.
- Serrano, Carlos, 1999. "Social security reform, income disribution, fiscal policy, and capital accumulation," Policy Research Working Paper Series 2055, The World Bank.
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