Administrative costs and the organization of individual retirement systems
Subtitle: a comparative perspective
By: Estelle James, James Smalhout and Dimitri Vittas.
Contributors: Smalhout, James H.; Vittas, Dimitri.; World Bank. Development Research Group. Finance.
Series: Policy research working paper ;; 2554; Policy research working papers (Online) ;; 2554.
Publisher: World Bank, Development Research Group, Finance
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Social security -- Finance -- Costs.; Individual retirement accounts -- Finance -- Costs.; Pension trusts -- Finance -- Costs.; Pensions -- Finance -- Costs.
Description: Organizing individual retirement accounts through the institutional market and with constrained choice could substantially lower administrative costs. The tradeoff: rebidding problems, weaker performance incentives, inflexibility in the face of unforseen contingencies, and an increased probability of corruption, collusion, and regulatory capture.
Notes: Includes bibliographical references (p. [71]-[73]).
Title from title screen as viewed on Sept. 17, 2002.
"February 2001"--Cover.
Also available in print.
Mode of access: World Wide Web.