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Modeling the Macroeconomic Effects of Pension Systems

Stefania Amalia Jimon (), Florin Cornel Dumiter () and Nicolae Baltes ()
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Stefania Amalia Jimon: Vasile Goldis Western University of Arad
Florin Cornel Dumiter: Vasile Goldis Western University of Arad
Nicolae Baltes: Lucian Blaga University of Sibiu

Chapter Chapter 8 in Financial Sustainability of Pension Systems, 2021, pp 143-167 from Springer

Abstract: Abstract This chapter aims to achieve a socioeconomic perspective on the financial resources of the elderly population, considering the recommendation of international bodies as OECD, WB, EC to diversify financial resources, on one hand by joining private pension funds and, on the other hand by increasing the degree of personal saving. The objective of this chapter pursued the econometric study of the macroeconomic effects of pension systems, in terms of the close correlation between several specific indicators oriented toward macroeconomic stability, the development of the financial sector, and the structure of national pension systems in CEE countries.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-030-74454-0_8

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DOI: 10.1007/978-3-030-74454-0_8

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