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

Author

Listed:
  • William Perraudin

    (International Monetary Fund)

  • Thierry Pujol

    (International Monetary Fund)

Abstract

Pension reform in Poland is an urgent priority. Benefit expenditures have placed considerable pressure on public finances, hampering stabilization efforts. Demographic developments will exacerbate this pressure although probably less than some estimates have suggested. The main long-term argument for reform is that the current system induces severe microeconomic distortions. To analyze possible reforms, this paper employs a simulation model of a utility-maximizing household facing the detailed rules of the current Polish pension system. The reforms considered are designed to reduce the dead-weight losses associated with current arrangements and to alleviate the inequality engendered by the present system.

Suggested Citation

  • William Perraudin & Thierry Pujol, 1994. "Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland," IMF Staff Papers, Palgrave Macmillan, vol. 41(4), pages 643-674, December.
    • Handle: RePEc:pal:imfstp:v:41:y:1994:i:4:p:643-674
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    Citations

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    Cited by:

    1. Marta Lachowska & Michał Myck, 2018. "The Effect of Public Pension Wealth on Saving and Expenditure," American Economic Journal: Economic Policy, American Economic Association, vol. 10(3), pages 284-308, August.
    2. Turalay Kenc & William Perraudin, 1997. "European pension systems: a simulation analysis," Fiscal Studies, Institute for Fiscal Studies, vol. 18(3), pages 249-277, August.
    3. Serrano, Carlos, 1999. "Social security reform, income disribution, fiscal policy, and capital accumulation," Policy Research Working Paper Series 2055, The World Bank.

    More about this item

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings

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