. "1"^^ . . . . . "We provided a detailed discussion of political factors and risks in formulating and executing fiscal policy in countries of central Europe (Schneider, 2006b). In the paper, published in Eastern European Economics (a M.E.Sharp journal with the impact fact"@en . "Ve studii (Schneider, 2006b) jsme analyzovali politick\u00E9 faktory ovliv\u0148uj\u00EDc\u00ED pl\u00E1nov\u00E1n\u00ED a realizaci rozpo\u010Dtov\u00E9 politiky v\u00A0nov\u00FDch \u010Dlensk\u00FDch zem\u00EDch Evropsk\u00E9 unie. Studie, kter\u00E1 vy\u0161la na podzim roku 2006 v (impaktovan\u00E9m) \u010Dasopise Eastern European Economics, d"@cs . "GA402/05/0711" . . "Neuvedeno."@en . "Penzijn\u00ED reformy: politick\u00E1 a investi\u010Dn\u00ED rizika - zku\u0161enosti zem\u00ED st\u0159edn\u00ED Evropy" . . . . . . . . . . "0"^^ . . . . . "2007-10-16+02:00"^^ . "1"^^ . "Pension Reforms: Political and Investment RisksFacts and Experience in the Central European countriesWe plan to describe and empirically quantify the political risk of the pay-as-you-go pension systems. At the theoretical and methodological level, we want to derive summary measures of political risk of government-provided unfunded pensions that would allow direct comparison with the investment risk of privately provided funded pensions. We will use this methodology to measure the magnitude and variance of the changes in the social security wealth for a variety of individuals that were induced by several changes in pension benefit formulas and payroll taxes in the Czech Republic since the 1990's. We will also analyze pension reforms in the Central European countries and how they affected the political risks associated with any pension system. The results should produce an important input into the discussion of the pension reform - a fully qualified decision about the relative importance of" . "Pension Reforms: Political and Investment RisksFacts and Experience in the Central European countriesWe plan to describe and empirically quantify the political risk of the pay-as-you-go pension systems. At the theoretical and methodological level, we want to derive summary measures of political risk of government-provided unfunded pensions that would allow direct comparison with the investment risk of privately provided funded pensions. We will use this methodology to measure the magnitude and variance of the changes in the social security wealth for a variety of individuals that were induced by several changes in pension benefit formulas and payroll taxes in the Czech Republic since the 1990's. We will also analyze pension reforms in the Central European countries and how they affected the political risks associated with any pension system. The results should produce an important input into the discussion of the pension reform - a fully qualified decision about the relative importance of"@en . "Pension Reforms: Political and Investment Risks, Facts and Experience in the Central European countries"@en . "1"^^ . "http://www.isvav.cz/projectDetail.do?rowId=GA402/05/0711"^^ . "0"^^ .