Detail práce

Politická udržitelnost penzijních systémů

Autor: Mgr. Viktor Zeisel
Rok: 2011 - letní
Vedoucí: doc. PhDr. Martin Gregor Ph.D.
Konzultant:
Typ práce: Diplomová
Ekonomická teorie
Jazyk: Anglicky
Stránky: 77
Ocenění: Pochvala děkana Fakulty sociálních věd za vynikající výkon u státních zkoušek.
Odkaz:
Abstrakt: The master thesis evaluates in theoretical models political sustainability of
public pensions system when the households are time inconsistent. It uses
overlapping generations model with two working generations and one retired.
It shows that myopia (shortsightedness) increases the political support
for public pension schemes in the model where median voter decides about
the obligatory contribution rate into the public pension system. The reason
is that the households use the obligatory contribution rate as a commitment
device to overcome their time inconsistency. In the model with endogenous
returns to capital, the presence of myopia also explains that households may
prefer a mix of public and private pension system. The thesis also shows
that expansion of the public pension system crowds out capital accumulation.
The effect of myopia on this crowding out effect is tested in an interest
group model and it is shown that its sign depends on the parameters of the
economy. The extent of activity of the interest group is thus dependent on
the parameters of the economy.
Ke stažení: Diplomová práce Zeisela
Prosinec 2017
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