1. Projecting a life-cycle income - a simulation model for the Slovak pension benefit statement
| Title | Projecting a life-cycle income - a simulation model for the Slovak pension benefit statement |
|---|---|
| Par.title | Prognozowanie dochodu w cyklu życia - model symulacyjny dla słowackich świadczeń emerytalnych |
| Author info | Ján Šebo, Daniela Danková, Ivan Králik |
| Author | Šebo Ján 1978- (34%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja |
| Co-authors | Danková Daniela 1994- (33%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja Králik Ivan 1992- (33%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja |
| Source document | Olsztyn Economic Journal. Roč. 15, č. 4 (2020), s. 271-285. - Olsztyn Olsztyn : Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego w Olsztynie : Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego w Olsztynie, 2020 |
| Keywords | dôchodky - dôchodok - pensions mikrosimulácie - microsimulations príjmy - income trh práce - labour market - labor market |
| Headings Geogr. | Slovensko |
| Form. Descr. | články - journal articles |
| Language | English |
| Country | Poland |
| Annotation | The introduction of a regulation requiring pension asset managers to provide savers with an estimation of pension benefits opened a wide range of scientific questions on the projection methods and estimation of input parameters. One of them is the estimation of life-cycle income for calculating expected contributions and the estimation of the benefit ratio at the moment of retirement. We present an estimation of life-cycle income functions for various age and educational cohorts influenced by temporary labor market shocks. By employing the resampling simulation method for incorporating macroeconomic shocks, we have shown that using longitudinal data on the income process from a large closed economy could bring valid results for a country with a small open economy as well where the longitudinal data on income processes of individuals are unavailable. Our findings could serve a practical use when pension or other social benefits tied to individual income should be modelled. |
| URL | Link na zdrojový dokument |
| Public work category | ADE |
| No. of Archival Copy | 50194 |
| Catal.org. | BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici |
| Database | xpca - PUBLIKAČNÁ ČINNOSŤ |