Comparison and Modelling of Pension Systems

Ch. Quast, Lubos Strelec, R. Potocky, Jozef Kiselak, Milan Stehlik

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The purpose of this work is a comparison of pension systems of the selected countries—the pension systems and reforms of Austria, the Czech Republic, Slovakia, Sweden, Poland, and Chile will be our subjects of interest. Firstly, we focus on a short historical overview of the development and classification of pension systems in general. Consequently, the main part of this chapter deals with different scenarios, which should show whether the systems would be stable in the future. For these purposes, we developed utility in Mathematica. We tested normality of salary samples from Slovakia by robust tests for normality and computed pensions in several scenarios.
Original languageEnglish
Title of host publicationSpringer Proceedings in Mathematics & Statistics
Number of pages20
Volume231
DOIs
Publication statusPublished - 2018

Fields of science

  • 101007 Financial mathematics
  • 101018 Statistics
  • 101024 Probability theory
  • 101029 Mathematical statistics
  • 102009 Computer simulation
  • 504006 Demography
  • 502051 Economic statistics
  • 509 Other Social Sciences

JKU Focus areas

  • Computation in Informatics and Mathematics
  • Management and Innovation
  • Social and Economic Sciences (in general)

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