Closing remarks

András Simonovits
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András Simonovits: Hungarian Academy of Scientists

Chapter Chapter 19 in Modeling Pension Systems, 2003, pp 177-178 from Palgrave Macmillan

Abstract: Abstract Approaching the end of the study, one may also ask: what have we learned from the discussion of general and specific problems? On the one hand, we have seen that the simplifications applied in Parts I and II are frequently acceptable: for example, we are able to work without deriving the consumption paths with constrained optimization, simply assuming constant growth rates. We have also witnessed that the relationships of a transition to a funded system can be spelled out, generational accounts can be filled in, and the cost and benefits of transition can be determined.

Date: 2003
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DOI: 10.1057/9780230597693_20

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