Does efficiency of the Nordic Pension System Evolve after Crisis?

• Autorzy: Marcin Brycz
• Języki publikacji: EN

Abstrakty

EN

This study examines efficiency of the pension system in the Nordic countries in comparison to other European counterparts using efficiency indicators proposed by Chybalski (2016). Principal Component Analysis (PCA) is used to check weather Nordic Countries forms a cluster - it is possible to extract Nordic Countries from European Countries by their pension system efficiency before and after 2008 crisis. PCA was applied to the year 2008 and 2013 to investigate whether 2008-financial crisis changed pension system efficiency. According to our analysis pension systems in Iceland, Norway and Sweden are very efficient in terms of labour market and forms a cluster both before and after financial crisis. Denmark and Finland don't differ significantly from the rest of analysed European countries. (original abstract)

Słowa kluczowe

EN

Pension schemes; Principal Component Analysis (PCA); Effectiveness ratios

PL

System emerytalny; Analizy głównych komponentów; Wskaźniki efektywności

• Czasopismo: Journal of International Studies
• Rocznik: 2018
• Tom: 11
• Numer: nr 4
• Strony: 228--236

Twórcy

autor

Marcin Brycz

• University of Gdansk, Poland

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Identyfikatory

DOI

10.14254/2071-8330.2018/11-4/16