Andras Simonovits
Biographic Data
| ID | 5729211 |
|---|---|
| NAME | Andras Simonovits |
| GIVEN NAMES | Andras |
| FAMILY NAME | Simonovits |
| SIGNATURE | SIMONOVITS A |
| AFFILIATIONS | Institute of Economics |
| ORCID | 0000-0001-7047-5843 |
| VERIFIED | Yes |
| TOTAL WORKS | 9 |
| TOTAL CITATIONS | 17 |
| AUTHOR COUNT | 9 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1993 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
Statistical overstatement of average wages and its impact on pensions: The case of Hungary
In Hungary, initial pensions are indexed to average net wages, reported by official earnings statistics (ES). However, there is an alternative statistical source on labour income, the national accounts (NA). The latter indicate a markedly lower rate of growth in wages than the ES for the period between 2010 and 2020. We claim that the ES overstated the actual increase in wages at the national level during the 2010s, and make our own calculations …
A simple estimation of the longevity gap and redistribution in the pension system
It has been known for decades that in a given year and in a given country, with the rise in lifetime income, life expectancy also rises. The difference between the richest and the poorest stratas' life expectancies is called the longevity gap . Recently, as the gap has generally been growing, it has received more and more attention. The issue is important in itself, but it has also an obvious impact on redistribution in the pension system: the gr…
The Boomerang of Female40: Seniority Pensions in Hungary, 2011–2018
In 2011, the Hungarian government introduced special seniority pensions (Female40): Females, who have accumulated at least 40 years of eligibility (related to the length of contributions), can retire at any age without actuarial benefit reduction. The elimination of other early retirement schemes in 2012 and slowly rising real wages made the policy change even more popular: the lifetime benefit was maximised at the earliest age of retirement. Sin…
Pension reforms in EU11 countries: An evaluation of post‐socialist pension policies
This article evaluates the pension policy pathways of the 11 former state socialist nations that have joined the European Union since 2004. Focusing primarily on the post‐2004 period, the analysis discusses the most important measurable outcomes of these countries’ pension reforms, in terms of poverty alleviation, pension adequacy and fiscal sustainability. Going beyond the quantifiable concepts, we also investigate the quality of the 11 countrie…
Re-nationalizing the mandatory private pension pillar in Hungary
The mandatory private pension pillar in Hungary: An obituary
In 1998, the left-of-centre government of Hungary carved out a second-pillar mandatory private pension scheme from the original mono-pillar public system. Participation in the two-pillar system was optional for those who were already working, but mandatory for new entrants to the workforce. About 50 per cent of the workforce joined the second pillar voluntarily and another 25 per cent were mandated to do so by law between 1999 and 2010. The secon…
Cycles and chaos in a socialist economy
Three economic applications of Chebyshev's algebraic inequality
Cycles and Stagnation in Socialist Economies: A Mathematical Analysis
Journal Article Cycles and Stagnation in Socialist Economies: A Mathematical Analysis Get access Cycles and Stagnation in Socialist Economies: A Mathematical Analysis. By Simonovits (Andras). (Oxford and Cambridge, MA: Blackwell, 1992. Pp. xiii+198. £40.00 hardback. ISBN 0 631 17679 9.) Meghnad Desai Meghnad Desai London School of Economics and Political Science Search for other works by this author on: Oxford Academic Google Scholar The Economic…
The mandatory private pension pillar in Hungary: An obituary
In 1998, the left-of-centre government of Hungary carved out a second-pillar mandatory private pension scheme from the original mono-pillar public system. Participation in the two-pillar system was optional for those who were already working, but mandatory for new entrants to the workforce. About 50 per cent of the workforce joined the second pillar voluntarily and another 25 per cent were mandated to do so by law between 1999 and 2010. The secon…
Pension reforms in EU11 countries: An evaluation of post‐socialist pension policies
This article evaluates the pension policy pathways of the 11 former state socialist nations that have joined the European Union since 2004. Focusing primarily on the post‐2004 period, the analysis discusses the most important measurable outcomes of these countries’ pension reforms, in terms of poverty alleviation, pension adequacy and fiscal sustainability. Going beyond the quantifiable concepts, we also investigate the quality of the 11 countrie…
Re-nationalizing the mandatory private pension pillar in Hungary
Three economic applications of Chebyshev's algebraic inequality
Cycles and Stagnation in Socialist Economies: A Mathematical Analysis
Journal Article Cycles and Stagnation in Socialist Economies: A Mathematical Analysis Get access Cycles and Stagnation in Socialist Economies: A Mathematical Analysis. By Simonovits (Andras). (Oxford and Cambridge, MA: Blackwell, 1992. Pp. xiii+198. £40.00 hardback. ISBN 0 631 17679 9.) Meghnad Desai Meghnad Desai London School of Economics and Political Science Search for other works by this author on: Oxford Academic Google Scholar The Economic…
Cycles and chaos in a socialist economy
Three economic applications of Chebyshev's algebraic inequality
The mandatory private pension pillar in Hungary: An obituary
In 1998, the left-of-centre government of Hungary carved out a second-pillar mandatory private pension scheme from the original mono-pillar public system. Participation in the two-pillar system was optional for those who were already working, but mandatory for new entrants to the workforce. About 50 per cent of the workforce joined the second pillar voluntarily and another 25 per cent were mandated to do so by law between 1999 and 2010. The secon…
Re-nationalizing the mandatory private pension pillar in Hungary
Pension reforms in EU11 countries: An evaluation of post‐socialist pension policies
This article evaluates the pension policy pathways of the 11 former state socialist nations that have joined the European Union since 2004. Focusing primarily on the post‐2004 period, the analysis discusses the most important measurable outcomes of these countries’ pension reforms, in terms of poverty alleviation, pension adequacy and fiscal sustainability. Going beyond the quantifiable concepts, we also investigate the quality of the 11 countrie…
The Boomerang of Female40: Seniority Pensions in Hungary, 2011–2018
In 2011, the Hungarian government introduced special seniority pensions (Female40): Females, who have accumulated at least 40 years of eligibility (related to the length of contributions), can retire at any age without actuarial benefit reduction. The elimination of other early retirement schemes in 2012 and slowly rising real wages made the policy change even more popular: the lifetime benefit was maximised at the earliest age of retirement. Sin…
A simple estimation of the longevity gap and redistribution in the pension system
It has been known for decades that in a given year and in a given country, with the rise in lifetime income, life expectancy also rises. The difference between the richest and the poorest stratas' life expectancies is called the longevity gap . Recently, as the gap has generally been growing, it has received more and more attention. The issue is important in itself, but it has also an obvious impact on redistribution in the pension system: the gr…
Statistical overstatement of average wages and its impact on pensions: The case of Hungary
In Hungary, initial pensions are indexed to average net wages, reported by official earnings statistics (ES). However, there is an alternative statistical source on labour income, the national accounts (NA). The latter indicate a markedly lower rate of growth in wages than the ES for the period between 2010 and 2020. We claim that the ES overstated the actual increase in wages at the national level during the 2010s, and make our own calculations …
Economics (7 works) · Finance (5 works) · Pension (5 works) · Political science (5 works) · Retirement, Disability, and Employment (5 works) · Business (3 works) · Economic policy (3 works) · Finance (3 works) · Financial Literacy, Pension, Retirement Analysis (3 works) · Hungarian Social, Economic and Educational Studies (3 works)