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@inproceedings{6383, author = {Vostatek, Jaroslav}, address = {Prague}, booktitle = {Proceedings of the 2nd International Conference European Fiscal Dialog 2016. Fiscal and Monetary Policy: between Skylla and Charybdis?}, edition = {1}, editor = {Hamerníková, B.}, keywords = {public pensions; financial literacy; statutory retirement age; pension insurance; flat-rate pension}, howpublished = {tištěná verze "print"}, language = {eng}, location = {Prague}, isbn = {978-80-87325-09-4}, pages = {183-195}, publisher = {Newton Books}, title = {Financial (Il)Literacy and Czech Retirement Policy}, year = {2016} }
TY - JOUR ID - 6383 AU - Vostatek, Jaroslav PY - 2016 TI - Financial (Il)Literacy and Czech Retirement Policy PB - Newton Books CY - Prague SN - 9788087325094 KW - public pensions KW - financial literacy KW - statutory retirement age KW - pension insurance KW - flat-rate pension N2 - The failure to respect recommendations of the relevant international institutions might be a token of financial illiteracy of the government. Even after the “small” pension reform, the Czech public pension pillar continues to lack transparency and is incomprehensible for its common participants, which may also have significant impact on public finance. In order to determine the potential effect of the lack of transparency and of the financial illiteracy, the paper analyses also the differences between the Czech and the U.S. public pension pillars, including the different statutory retirement ages. ER -
VOSTATEK, Jaroslav. Financial (Il)Literacy and Czech Retirement Policy. In Hamerníková, B. \textit{Proceedings of the 2nd International Conference European Fiscal Dialog 2016. Fiscal and Monetary Policy: between Skylla and Charybdis?}. 1st ed. Prague: Newton Books. p.~183-195. ISBN~978-80-87325-09-4. 2016.
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