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1

Are social-insurance pension systems public goods?

100%
Nemeth G.
Kozgazdasagi Szemle (Economic Review)
|
2005
|
vol. 52
|
issue 6
608-612
EN
József Meszaros's article in the March issue of this journal employs some surprising and unusual methods of economics in an attempt to arrive at a deeper understanding of the operation and problems of the social-insurance pension system. Science indeed progresses as ideas at variance with dominant views shed doubts about the reality-explaining force of a period's mainstream thinking, prompting a search for more convincing and satisfying explanations. The breakthrough often comes from methods not previously employed that point out hitherto invisible relationships. The question is whether József Meszaros has made such a breakthrough by treating social-insurance pension systems as public goods and applying the apparatus of game theory. The author explains in the article why he is convinced that this has not been done.
2

Social-insurance pension systems as public goods

80%
Meszaros J.
Kozgazdasagi Szemle (Economic Review)
|
2005
|
vol. 52
|
issue 3
275-288
EN
The study shows how the present social-security pension systems, assuming methodological individualism and employing the apparatus of repeated games, are in a multiple prisoner's dilemma situation. The study analyses this by formulating and proving three propositions: the dilemmas of demography, contribution payments, and the political class. These are confirmed using the so-called Selten thesis of repeated-game theory.
3
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PENSION FUNDS IN CENTRAL AND EASTERN EUROPEAN COUNTRIES. SOME LEGAL, ORGANIZATIONAL AND ECONOMIC ASPECTS (Fundusze emerytalne w krajach Europy Srodkowo-Wschodniej. Wybrane aspekty prawne, organizacyjne i ekonomiczne)

80%
Chybalski F.
Polityka Społeczna
|
2009
|
vol. 36
|
issue 2(419)
21-26
EN
The political and economic transformation in Central and Eastern European Countries in the last decade the 20th century coincided with the high unemployment and unfavorable demographical trends. Those factors resulted in the necessity of pension reforms in CEE countries. The main aim of the article is the characteristics of the selected legal, organizational and economic aspects of the pension funds functioning. The author describes the construction of pension system in selected countries, characterizes pension fund markets, legal aspects of pension funds investment activity and the pension companies reward system for managing pension funds
4

What is happening and what will happen with private pension-fund services?

80%
Stahl J.
Kozgazdasagi Szemle (Economic Review)
|
2005
|
vol. 52
|
issue 6
599-607
EN
The study was prompted because the time left before private pension-fund services have to begin is becoming shorter, but the legislation to regulate precisely the private pensionfund pillar of the social security system is still lacking. The author begins with the need to change existing legislation, as the framework it provides cannot be utilized in an acceptable way. The second part presents mathematical programming models that will or could help to devise feasible, acceptable legislation that defines the service to be provided by private pension funds.
5

Connecting the pension and student-loan systems

80%
Berlinger E.
Kozgazdasagi Szemle (Economic Review)
|
2005
|
vol. 52
|
issue 9
631-647
EN
The study examines the possibility of connecting the pension system with the student-loan system. After a brief presentation of the purpose and characteristics of the systems and the main dilemmas and similarities that appear, the author describes a connected model that would leave both systems more efficient in many respects. Among the model's most attractive features are simplicity and transparency, and it offers incentives that mobilize all possible sources for the two main aims of financing study and providing security in old age. The author also obtains formally the pension-indexation rule required for the system to operate in equilibrium, while striving to make the concepts and vocabulary of pension and student-loan literature converge.
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