Unexpected inflation and public pensions: the case of Hungary

Since increases in public pensions are generally related to prices or wages or combinations of them, the impact of inflation on the real value of benefits can often be neglected, especially in the case of indexation to prices. With high and accelerating/ decelerating inflation like that currently pr...

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Bibliographic Details
Main Author: András Simonovits
Format: Article
Language:English
Published: Institute of Public Finance 2023-12-01
Series:Public Sector Economics
Subjects:
Online Access: http://www.pse-journal.hr/upload/files/pse/2023/4/6.pdf