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Why a switch from payg to funded pension system has no link to demographic development?

Kubíček, Jan - In: Politická ekonomie 2008 (2008) 1, pp. 102-122

are following: government imposes additional taxes, which are equal to the difference between the contributions to the … the additional taxes are taken into account, they continue paying the same amount. It is shown, that if the additional … taxes were permanently lower than what is supposed, the pension debt would grow beyond any limits. The other additional …

Persistent link: https://www.econbiz.de/10005036565

Pension reform in the Czech republic: a switch to mixed system with regard for limits of fiscal policy

Marek, David - In: Politická ekonomie 2008 (2008) 1, pp. 80-101

The Czech Republic is going to face ageing of its population. It will affect the economy in many ways. The pension system is one of them. This paper provides a view on possibilities how to insure long-term stability of the pension system in the Czech Republic using a mix of pay-as-you-go and...

Persistent link: https://www.econbiz.de/10005036605

Contribution to discussion on reform of pension system

Slavík, Michal; Rutarová, Radka - In: Politická ekonomie 2005 (2005) 3, pp. 349-367

This essay focuses on the pension system and highlights some of its key elements. The first part deals with the economic principles connected with the social security system. Eatwell's model is utilized to give some basic intuition of terms and concepts used in the pension reform discussion. The...

Persistent link: https://www.econbiz.de/10005036662

Sources of economic growth, total factor productivity and structure in the Czech republic

Hájek, Mojmír - In: Politická ekonomie 2006 (2006) 2, pp. 170-189

The study examines the resources of economic growth in the Czech Republic in the course of years from 1992 until 2004. Using the growth accounting method, it analyses the contribution of individual factors to economic growth. Special attention is given to total factor productivity, which, apart...

Persistent link: https://www.econbiz.de/10005036626

Towards the measurement of total factor productivity index

Fischer, Jakub; Sixta, Jaroslav - In: Politická ekonomie 2009 (2009) 4, pp. 544-554

The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to...

Persistent link: https://www.econbiz.de/10005049542

Non-contributory periods - a significant element of the czech pension reform

Holub, Martin - In: Politická ekonomie 2009 (2009) 4, pp. 471-494

Non-contributory periods is one of the key issues in the public discussion on the planned reform of the pension system in the Czech Republic. This article focuses on a detailed analysis of non-contributory periods in the Czech pension system and their impact on pension system balance and micro...

Persistent link: https://www.econbiz.de/10005049541

Fully-Funded Pension System in a Converging Economy

Kubíèek, Jan - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 11-12, pp. 478-499

The paper examines implications of both real and nominal convergence for a fully-funded pension system. The process of convergence implies that higher contribution rates are necessary in the converging economy for replacement ratios to be the same as in a steady-state economy. This effect in the...

Persistent link: https://www.econbiz.de/10008549681

Definition and topical problems of the information economy

Očko, Petr - In: Politická ekonomie 2005 (2005) 3, pp. 383-404

The core aim of this paper is to suggest comprehensive definition of the information economy and delineate the range of economic problems it deals with, paying particular attention to its connections to the economics of information. The text, in the extent provided, can not investigate...

Persistent link: https://www.econbiz.de/10005036629

Analysis of Total Factor Productivity Contribution to Economic Growth of the Czech Republic

Mojmír, Hájek; Mihola, Jiří - In: Politická ekonomie 2009 (2009) 6, pp. 740-753

Total factor productivity is defined as a relation of product to total factor inputs. Its growth is result of qualitative changes, i.e. intensive factors of growth. For measurement of total factor inputs is used production function with two factors, labor and capital (extensive factors). The...

Persistent link: https://www.econbiz.de/10008545879

Economic growth in the Czech Republic and new member states of the European Union in the period 1995-2006

Hájek, Mojmír - In: Politická ekonomie 2008 (2008) 4, pp. 435-448

The paper examines the sources of economic growth in the ten new member states of the European Union (EU-10) and in previous member states (EU-15) as a whole. Special attention is devoted to the Czech republic, both from macroeconomic point of view and from the view of nine industries. For the...

Persistent link: https://www.econbiz.de/10008752947