System Dynamics Approach to the Economic Aspects of Social Insurance in Transition Economies (CROSBI ID 485064)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Pejić-Bach, Mirjana
engleski
System Dynamics Approach to the Economic Aspects of Social Insurance in Transition Economies
Transition economies face the common problem regarding social insurance system, and one of them is tax avoidance. It is important to implement long term modelling because such behaviour could easily lead to the collapse of the social insurance system. Current modelling of pension systems is usually static and recursive, but in the same time, demographics, economic growth, real variables, and feedback effects are important for long term planning. A challenge in public policy making is a sensible social insurance system that offers benefits that are affordable in the short and long run and do not create serious adverse incentives for market work of for household saving. The paper argues that system dynamics can help to meet this challenge and avoid intuitively correct decision making that are actually result of “bounded rationality”. Dynamic model of Croatian social insurance system is used to illustrate the way of using system dynamic modelling as an aid in policy analysis and planning.
system dynamics; social insurance; modelling
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Podaci o prilogu
310-318-x.
2001.
objavljeno
Podaci o matičnoj publikaciji
Tenth World Business Congress, Zagreb, Challenges and Opportunities for International Business in the Shifting Global Economic Environmnet
Fatemi, Khosrow; Kaynak, Erdener
Zagreb: International Management Development Association
Podaci o skupu
Tenth World Business Congress
predavanje
04.06.2001-08.06.2001
Zagreb, Hrvatska