IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2006y2006i2id556p247-260.html
   My bibliography  Save this article

Má důchodová reforma se zadlužením smysl?
[Has pension reform with indebtedness a sense?]

Author

Listed:
  • 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, that 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 founded upon decreasing of PAYG in combination with voluntary savings.

Suggested Citation

  • Marek Loužek, 2006. "Má důchodová reforma se zadlužením smysl?
    [Has pension reform with indebtedness a sense?]
    ," Politická ekonomie, University of Economics, Prague, vol. 2006(2), pages 247-260.
  • Handle: RePEc:prg:jnlpol:v:2006:y:2006:i:2:id:556:p:247-260
    as

    Download full text from publisher

    File URL: http://www.vse.cz/polek/download.php?jnl=polek&pdf=556.pdf
    Download Restriction: free of charge

    File URL: http://www.vse.cz/polek/556
    Download Restriction: free of charge

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    pension reform; transition; social insurance; endogenous fertility; Ricardo-Barro-hypothesis;

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2006:y:2006:i:2:id:556:p:247-260. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Frantisek Sokolovsky). General contact details of provider: http://edirc.repec.org/data/uevsecz.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.