THE IMPLICATION OF DEMOGRAPHICS ON THE ROMANIAN PENSION SYSTEM
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This paper aims to analyse the influence of the demographical factors on the short-term sustainability of the pension system from Romania. The data used for econometric modelling consisted of panel data for the period 2009-2019 for 8 European Union member states, together with time series data for autoregressive modelling. The following econometrical models were used: random-effects GLS regression and Box-Jenkins (ARIMA). The results emphasize an increasing demographical pressure on the Romanian pension system and the need of pension system reform.
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2012 ◽
Vol 2012
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pp. 1-15
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1996 ◽
Vol 50
(Suppl 1)
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pp. S12-S18
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2018 ◽
Vol 7
(4.15)
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pp. 25
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2020 ◽
Vol 19
(02)
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pp. 2050013
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