6533b7d4fe1ef96bd1262760

RESEARCH PRODUCT

Modeling the Macroeconomic Effects of Pension Systems

Florin Cornel DumiterStefania Amalia JimonNicolae Baltes

subject

MacroeconomicsPensionElderly populationEconomicsPrivate pensionSocioeconomic statusNational PensionFinancial sector

description

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.

https://doi.org/10.1007/978-3-030-74454-0_8