Essays about: "PAYG"

Found 4 essays containing the word PAYG.

  1. 1. To what extent do Demographic changes affect Pay-As-You-Go Pension Systems? : Using the fixed effects regression model with panel data on 20 OECD countries from 1991 to 2017

    University essay from Högskolan Dalarna/Institutionen för kultur och samhälle

    Author : Spencer Oletey; [2022]
    Keywords : ;

    Abstract : This thesis investigates the effect of demographic changes on the pay-as-you-go (PAYG) pension system. Demographic changes specifically refer to increasing life expectancy and decreasing fertility rates. An increase in life expectancy leads to a rise in the number of pensioners. READ MORE

  3. 2. Analysis of Savings Behavior after a Pension Reform from a PAYG to a Fully-Funded System in Asian Emerging Economies

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Marisa Basten; Lu Yu; [2016]
    Keywords : Household Saving; Pensions; Labor Heterogeneity; Ascending Altruism; Asian Emerging Economies;

    Abstract : Pension systems in Asian emerging economies are under great pressure to conduct important reforms in response to declining growth rates and population aging. Our analysis aims to investigate how a shift from a PAYG to a fully funded pension scheme influences household savings. Our analysis is focused on China, Thailand and the Philippines. READ MORE

  4. 3. A smoother and more up-to-date development of the income pension

    University essay from KTH/Matematisk statistik

    Author : Anton Fröling; Sandy Lahdo; [2016]
    Keywords : PAYG; Income Pension; Balance Ratio;

    Abstract : For an apparatus as big as the pension system, the financial stability is essential. An important feature in the existing pension system is the balance mechanism, which secures the stability of the system. The balance ratio is obtained by dividing the assets by the liabilities. When this ratio drops below 1. READ MORE

  5. 4. China and the World Bank's Multi-Pillar Pension Model :Observations, problems and proposals

    University essay from Lunds universitet/Centrum för öst- och sydöstasienstudier

    Author : Juan Qi; [2007]
    Keywords : World Bank; Multi-pillar system; Chinese pension system; Basic pension system; Enterprise Annuity system; Social sciences; Samhällsvetenskaper; Social Sciences;

    Abstract : Like most countries in the world, China is facing a rapid aging population and the traditional Pay-As-You-Go (PAYG) pension model is urgent to be reformed. At present, three hierarchies have formed in current pension system, namely basic pension system based on combining social pooling with individual accounts, supplementary pension system by establishing Enterprise Annuity (EA) system and voluntary individual saving. READ MORE