 IMPACT OF COVID-19 ON PRIVATE RETIREMENT SAVINGS IN SERBIAMilica Papić Ekonomske ideje i praksa, 2023, issue 48, 67-88 Abstract: The outbreak of the COVID-19 pandemic and the related economic downturn have impacted retirement savings, retirement saving schemes, providers, regulators and supervisors, potentially leading to future lower incomes during retirement and significant dysfunctions in the market. The main goal of this paper is to investigate how key indicators of the voluntary pension funds market in the Republic of Serbia were influenced by the Pandemic. The Pandemic certainly had an important effect, and we all had the opportunity to learn first-hand that low frequency high severity events do happen, so they are not only scenarios for a tabletop exercise for something that we should expect but something we need to be prepared for. This goal will be achieved using secondary data such as the data offered by the National Bank of Serbia, OECD Directorate for Financial and Enterprise Affairs, etc. Finally, this paper will present a comparative analysis of the effects of the pandemic on the market of voluntary pension funds in the Republic of Serbia and OECD member countries. Keywords: COVID-19; voluntary pension funds; economic downturn (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:beo:ekidpr:y:2023:i:48:p:67-88 Ordering information: This journal article can be ordered from Access Statistics for this article Ekonomske ideje i praksa is currently edited by Miomir Jakšić More articles in Ekonomske ideje i praksa from Faculty of Economics and Business, University of Belgrade Contact information at EDIRC. |
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