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Microsimulation Modelling of the Pension System

In: Proceedings of FIKUSZ '16

Author

Listed:
  • Zsolt Szabó

    (Óbuda University, Doctoral School on Safety and Security Sciences)

Abstract

One of the most significant social changes in the countries of the European Union is the rapid ageing of their populations and its current and excpectable effects on their balances of economies. Hungarian population, similarly to those of other European countries is also rapidly ageing, making it inevitable to face different challenges in the near future. The most important of these are the reforming of the healthcare system, social insurance, pension system and taxing system. The realization of these reforms require longterm strategies on the part of the state - the strategies should be modelled, tested and controlled. In some countries of the European Union the methodology of microsimulation has been used for a long while in order to check different impacts of different regulations, and it is getting popular in Hungary as well. This study consists of three parts. The first part is presenting the present and excpectable changes of the population of the European Union as a whole. The second part presents the results of pension modelling of the countries of the EU. The third part is describing a possible setting up of a 4 year-long research project examining the economical effects of globally ageing population on pension security.

Suggested Citation

  • Zsolt Szabó, 2016. "Microsimulation Modelling of the Pension System," Proceedings of FIKUSZ 2016, in: Regina Zsuzsánna Reicher (ed.),Proceedings of FIKUSZ '16, pages 141-150, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:sfyr16:141-150
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    References listed on IDEAS

    as
    1. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
    2. Spadaro Amedeo (ed.), 2007. "Microsimulation as Tool for the Evaluation of Public Policies: Methods and Applications," Books, Fundacion BBVA / BBVA Foundation, number 201169, December.
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