0000000000231032
AUTHOR
Stefania Amalia Jimon
showing 10 related works from this author
Modeling the Macroeconomic Effects of Pension Systems
2021
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.
Econometric Study on the Financial Sustainability of Public Pension Systems
2021
This chapter aims the econometric study regarding the financial sustainability of public pension systems in CEE countries, by establishing correlations between the level of state social insurance budget revenues and expenditures, and the socioeconomic indicators specific to pension systems.
Conclusions and Final Remarks
2021
The elaboration of this book is based on the theoretical and empirical study of the effects that the new demographic conditions and globalization show on the social protection systems and especially on the sustainability of the PAYG public pension systems implemented in CEE countries.
Overview of Pension Systems
2021
Understanding the configuration of social protection and pension systems can be achieved only from a sociohistorical perspective upon the framework in which these emerged and developed.
The Importance and Role of Social Policy in Maintaining Macroeconomic Stability
2021
Pension systems have the role of reducing the financial risk associated with the loss of the ability to carry out professional activities for income, a risk that determines poverty and is associated with severe material deprivation. The objective of this chapter is to emphasize the role of social policy in society and in macroeconomic policies in order to maintain socioeconomic stability and promote sustainable economic growth.
Socioeconomic and Medical Approaches upon Pensions Systems
2021
The social protection of citizens was an essential issue for all countries, regardless of the form of government, sociocultural characteristics, and economic system. In this chapter, we aim to identify the factors, which determined the configuration of the current pension systems implemented in the five CEE countries.
Financial Sustainability of Public Pension System
2021
The object of this chapter is the presentation of the budgetary system of public pension schemes in CEE countries, in terms of salary incomes taxation, in order to obtain the resources needed to finance social benefits, but also from the perspective of the level of benefits and the situation of budgetary balance.
Modeling the Impact of Socioeconomic and Medical Characteristics on Public Pension Systems in Central and Eastern European Countries
2021
Due to the direct link between the structure of the labor market and public pension systems, some important aspects are highlighted in this chapter regarding the correlation between the level of budget expenditures with social insurance and national economic development, demographic and medical characteristics of the population. Based on other works on the field of social protection and pension systems, an empirical study was conducted following three dimensions of social protection systems, namely, economic, social, and medical features.
Private Pension Funds
2021
The sociodemographic situation in CEE, characterized by the reduction of birth rate and increased share of elderly, draws attention to national social protection systems and in particular to public pension systems. The direct link between the labor market and public pension systems, based on the principle of social solidarity between generations, runs the risk of diminishing budgetary resources obtained from social contributions, while spending on benefits will increase, due to a higher number of beneficiaries, as well as due to the increase in life expectancy, which will determine that the period for which the benefits will be provided will be longer.
Personal Savings and Investments in the Financial Market
2021
After 1998, CEE countries underwent an extensive reform process toward compliance with the new political, economic, and sociodemographic conditions. Reduced birth rate, increased life expectancy, and migration are challenges for PAYG public pension systems, which are directly dependent on the labor market and funding based on social security contributions paid by all earners and other wage earners. This chapter aims to give a socioeconomic perspective regarding personal saving, through various instruments offered by the banking and capital market, to supplement the financial resources of the elderly during retirement.