This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Pension Reform In The Czech Republic - A Contribution Into The Debate

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Marek Loužek
Abstract

The paper is concerned with pension reform in the Czech Republic and abroad. It argues against two opinions: on the one hand, it is not necessary to do anything, and on the other hand, that a mandatory funded system should be implemented. Both approaches are false because of creating overwhelming explicit debts. The author recommends an evolutionary approach based on decreasing PAYG in combination with voluntary savings.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.vse.cz/polek/download.php?jnl=pep&pdf=297.pdf
File Format: application/pdf
File Function:
Download Restriction: free of charge, full text delayed 3 months
File URL: http://www.vse.cz/pep/abstrakt.php3?IDcl=297
File Format: text/html
File Function:
Download Restriction: free of charge, full text delayed 3 months

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by University of Economics, Prague in its journal Prague Economic Papers.

Volume (Year): 2007 (2007)
Issue (Month): 1 ()
Pages: 55-69
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:prg:jnlpep:v:2007:y:2007:i:1:id:297:p:55-69

Contact details of provider:
Postal: nam. W. Churchilla 4, 130 67 Praha 3
Phone: (02) 24 09 51 11
Fax: (02) 24 22 06 57
Web page: http://www.vse.cz/
More information through EDIRC

Order Information:
Postal: Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
Email:
Web: http://www.vse.cz/pep/

For technical questions regarding this item, or to correct its listing, contact: (Vaclav Subrta).

Related research
Keywords: transition; social security insurance; Ricardo-Barro hypothesis; pension reform; endogenous fertility;

Other versions of this item:

Find related papers by JEL classification:
D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Gary S. Becker & Robert J. Barro, 1988. "A Reformulation of the Economic Theory of Fertility," NBER Working Papers 1793, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. von Weizsacker, Robert K, 1990. "Population Aging and Social Security: A Politico-Economic Model of State Pension Financing," Public Finance = Finances publiques, , vol. 45(3), pages 491-509.
  3. Marek Mora, 2000. "Pension Policy in the Czech Republic (lessons from a comparative study with Hungary and Poland)," Prague Economic Papers, University of Economics, Prague, vol. 2000(1). [Downloadable!] (restricted)
  4. Jiří Večerník, 2006. "Changing Social Status Of Pensioners And The Prospects Of Pension Reform In The Czech Republic," Prague Economic Papers, University of Economics, Prague, vol. 2006(3), pages 195-213. [Downloadable!] (restricted)
  5. Bental, Benjamin, 1989. "The Old Age Security Hypothesis and Optimal Population Growth," Journal of Population Economics, Springer, vol. 1(4), pages 285-301.
  6. Breyer, Friedrich, 1994. "The political economy of intergenerational redistribution," European Journal of Political Economy, Elsevier, vol. 10(1), pages 61-84, May. [Downloadable!] (restricted)
  7. Vladimír Kreidl, 1997. "Pension System Reform," Politická ekonomie, University of Economics, Prague, vol. 1997(6). [Downloadable!] (restricted)
  8. Michal Slavík, 2006. "The Czech Pension System And The Perspectives Of Its Reform," Prague Economic Papers, University of Economics, Prague, vol. 2006(3), pages 214-230. [Downloadable!] (restricted)
  9. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-26, Sept./Oct. [Downloadable!] (restricted)
  10. N. A. Barr, 2000. "Reforming Pensions - Myths, Truths, and Policy Choices," IMF Working Papers 00/139, International Monetary Fund.
  11. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec.. [Downloadable!] (restricted)
  12. Peters, Wolfgang, 1995. "Public Pensions, Family Allowances and Endogenous Demographic Change," Journal of Population Economics, Springer, vol. 8(2), pages 161-83, May.
  13. Sinn, Hans-Werner, 1999. "Pension Reform and Demographic Crisis: Why a Funded System is Needed and why it is not Needed," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  14. Albert Jaeger & Sheetal K. Chand, 1996. "Aging Populations and Public Pension Schemes," IMF Occasional Papers 147, International Monetary Fund. [Downloadable!]
  15. Coulter, Fiona & Heady, Christopher & Lawson, Colin & Smith, Stephen, 1997. "Social security reform for economic transition: the case of the Czech Republic," Journal of Public Economics, Elsevier, vol. 66(2), pages 313-326, November. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? Apart from a small start up grant in the 1990's, RePEc has received no funding and lives on the help of volunteers.

This page was last updated on 2009-12-6.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.