The Economics of Pensions
Subtitle: Principles, Policies, and International Experience
Publisher: Cambridge University Press
Published: January 13, 1997
Language: eng
Format: Hardcover
Number of pages: 391
ISBN-13: 9780521552301
Subjects: Pensions; Personal Finance - Retirement Planning; Income Maintenance Programs; Retirement Plans; Business & Economics; Business / Economics / Finance; Business/Economics; Economic History; Labor; Business & Economics / Economic History; Business & Economics / Labor; Business & Economics : Economic History; Business & Economics : Personal Finance - Retirement Planning; Old age pensions
First sentence: There are many sources of political risk to the public provision of pensions.
Description: The significant store of knowledge about publicly regulated pensions for old age has grown even more rapidly in the past decade.

This book explores current research in four critical areas of pension policy: the political design of pension institutions; the iron links between fiscal deficits, private savings, and pension reform; how macroeconomic policy should be conducted after large private pension funds have emerged; the lessons on efficient organization of the pension industry, drawn from international comparisons including Australia, Chile, Malaysia, and the United Kingdom. The collection combines original theoretical analysis with empirical evidence. Simulations, case studies, and econometric estimates provide policy makers with information about the options they face.

Scholars can also draw on the book for refining their own investigations or research.