pensions

( 10 - Publication )
2019-07-10 Evaluating an old-age voluntary saving scheme under incomplete rationality
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We provide ex ante welfare, fiscal and general macroeconomic evaluation of the voluntary old-age saving scheme recently introduced in Poland (Pracownicze Plany Kapitałowe, Employees’ Capital Plans). ECPs provide tax redemptions as well as lump-sum transfers with the objective to foster old-age savings. Reduction in capital ...
2019-05-15 Will the Polish pension system go bankrupt?
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We would like to thank Jan Rutkowski for his helpful comments and remarks. The content of this publication reflects the opinions of the authors, which may diverge from the position of the Institute for Structural Research. The usual disclaimers apply. Independent study based on UN ...
2017-10-10 Is Poland a welfare state?
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I would like to thank Jan Rutkowski for his helpful comments and remarks. The content of this publication reflects the opinions of the author, which may diverge from the position of the Institute for Structural Research. The usual disclaimers apply. Independent study based on Eurostat ...
2017-03-31 Productivity based selection to retirement: Evidence from EU-SILC
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The age-productivity and age-employment profiles in each of the 28 European countries are investigated jointly using the harmonized survey of income and living conditions (EU-SILC). Based on the employment rates and the age of leaving the labour market, we propose four clusters of countries: with ...
2017-03-09 Population ageing, labour market and public finance in Poland
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This publication is a collection of articles arranged by the Institute for Structural Research (IBS) for the "Population ageing, labour market and public finance in Poland" conference in Warsaw, 9th of March 2017. The conference was organised by the European Commission Representation in Poland in ...
2017-01-20 Labour market segmentation and the financial situation of the pension system in Poland
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Since 2014 Poland is the country with the highest share of temporary workers in the EU. Civil law contracts, a type of temporary contracts, allow payment of lower retirement pension contributions than implied by employment contracts. We use a cohort pension model to quantify the ...
2015-05-31 Labour market segmentation and pensions in the Polish defined-contribution scheme
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In this paper we apply a cohort model of the pension scheme to analyse the impact of labour market segmentation, in particular the use of contracts on mandate, on expected retirement benefits in Poland. Heterogeneity of labour force and impact of differences in years of ...
2015-01-27 Crowding (out) the retirees? RDD application to raising effective retirement age in Poland
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As of 2007 increased labor force participation of the elderly has been observed in Poland. In 2009 a reform in the eligibility criteria narrowed the scope of early retirement opportunities for majority of the occupations. We rely on Polish LFS and employ regression discontinuity design ...
2015-01-15 Skill based labour demand and the wage growth of younger workers: Evidence from an unexpected pension reform
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Large-scale pension reforms can have redistributive wage effects across generations and education groups when the labour market suffers from skill mismatch. A quasi-experimental ‘retirement shock’ in Ukraine illustrates the effect of labour scarcity on wage growth and returns to education: it reveals that young and ...
2013-09-24 Female transition to retirement
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The European countries’ policies related to female participation in the labour market as well as approach to retirement ages have evolved in the course of the past two decades. This is the response to demographic, social and economic developments in Europe. After many decades of ...
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