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  • Other Sources  (2)
  • Bevölkerungsentwicklung
  • Finnish  (1)
  • Romanian  (1)
  • Other Sources  (2)
  • 1
    Bucharest: European Institute of Romania
    Publication Date: 2016-06-04
    Description: The study "Perspectives of the Migration Policy in Romania's Current Demographic Context" belongs to the thematic series of papers dedicated to migration initiated by the European Institute of Romania. If initially the issue of migrations analysed the relationship between the Romanian migrants and the European common space ("Free Movement of People" - 2002, "The Migration Phenomenon in Romania from the Perspective of Romania's Adherence to the European Union" - 2004 and "European Perspectives on Asylum and Migration" - 2008), the new suggested themes sought to expand the migrations' topic. In this respect, after analysing and assessing the effects of external migrations in the context of free movement within the communitary space, the European Institute of Romania (EIR) suggests a new scientific challenge, which is also of public interest, namely the analysis of migrations and the relative policies in the context of profound transformations of demographic structures in Romania. The topicality of this issue is confirmed by the increasing interest shown by numerous representatives of the scientific environment, as well as by experts within public institutions or interested politicians. [...]
    Keywords: ddc:330 ; Internationale Migration ; Freizügigkeit ; Wirkungsanalyse ; Bevölkerungsentwicklung ; Migrationspolitik ; Rumänien
    Language: Romanian
    Type: doc-type:report
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  • 2
    Helsinki: The Research Institute of the Finnish Economy (ETLA)
    Publication Date: 2018-11-30
    Description: This study analyzes the sustainability implications of demographic and investment risks in the Finnish private sector pension system (TyEL). The results show that current contribution rate is likely to be too low to finance the future higher expenditure. The main sustainability problem is not, however, the generally projected increase in the contribution rate, but the outstanding probability of the contribution being much higher than expected in the long term. A recent reform aimed at lowering the expected increase in the contribution rate by increasing the share of stocks in the portfolios of the pension funds. It is likely to do so, unless the increased risk causes unforeseen changes to the pension system, with sustainability implications that may outweigh the expected gains from better asset yields. A long-lasting solution to the sustainability problem could be the adoption of a Swedish type NDC pension system. Our simulations show, however, that the implied adjustment rules may not react early enough to the realized demographic or investment risks, and therefore risk sharing between generations would not be sufficient. Future research should study adjustment mechanisms that restrict the probability of large hikes in the contribution rate without fixing the contribution rate permanently.
    Keywords: H55 ; J11 ; ddc:330 ; Sustainability ; demographic risks ; investment risks ; pension funds ; Alterssicherung ; Pensionsfonds ; Rentenfinanzierung ; Bevölkerungsentwicklung ; Finnland
    Language: Finnish
    Type: doc-type:workingPaper
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