A Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland

April 1, 1994

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper examines the impacts on welfare, savings, labor supply, and the government budget of several possible reforms of the Polish pension and unemployment benefit systems. The framework of analysis is a life cycle simulation model of household consumption, labor supply and retirement decisions. The paper builds on past work by Perraudin and Pujol (1992). The present study focusses on the length of averaging periods in pension benefit calculations, measures to offset incentives to early retirement, and interactions between pension and unemployment benefit systems.

Subject: Expenditure, Labor, Pension spending, Pensions, Retirement, Unemployment, Wages

Keywords: benefit reform, disability pension, early retirement, Eastern Europe, liquidity constraint, Pension spending, Pensions, Retirement, retirement age, Unemployment, unemployment benefit, wage profile, wage rate, Wages, WP

Pages:
46
Volume:
1994
DOI:
https://doi.org/10.5089/9781451845907.001
Issue:
040
Series:
Working Paper No. 1994/040
Stock No:
WPIEA0401994
ISBN:
9781451845907
ISSN:
1018-5941

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Notes

Also published in Staff Papers, Vol. 41, No. 4, December 1994.

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