Má důchodová reforma se zadlužením smysl?

Has pension reform with indebtedness a sense?

Marek Loužek

Politická ekonomie, 2006, vol. 2006, issue 2, 247-260

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.

Keywords: pension reform; transition; social insurance; endogenous fertility; Ricardo-Barro-hypothesis (search for similar items in EconPapers)
JEL-codes: D02 D91 H62 J26 (search for similar items in EconPapers)
Date: 2006
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DOI: 10.18267/j.polek.556

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