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Author:Benkovskis, K.
Title:The effect of Latvian pension reform on savings and government budget
Journal:Baltic journal of economics
2006 : SPR-SUM, VOL. 6:1, p. 3-21
Index terms:pensions
overlapping-generations models
savings
Latvia
Baltic countries
Language:eng
Abstract:This paper focuses on the consequences of the pension reform on Latvian total savings and their components. Findings show that the increase of the retirement age improves budget balance while the introduction of the fully funded pensions redistributes the tax payments from the social budget to fully funded savings.
SCIMA record nr: 262284
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