Reforming Pensions Principles And Policy Choices
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Reforming Pensions Principles And Policy Choices
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Author : Nicholas Barr
language : en
Publisher: Oxford University Press
Release Date : 2008-09-17
Reforming Pensions Principles And Policy Choices written by Nicholas Barr and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-17 with Business & Economics categories.
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.
Reforming Pensions
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Author : N. A. Barr
language : en
Publisher:
Release Date : 2008
Reforming Pensions written by N. A. Barr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Pension trusts categories.
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems aren't consistent with three long-run trends: declining mortality and fertility, and earlier retirement. Many systems need reform. This book explains the economics of pension design.
Reforming Pensions
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Author : Nicholas Barr
language : en
Publisher: Oxford University Press
Release Date : 2009-11-30
Reforming Pensions written by Nicholas Barr and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-30 with Business & Economics categories.
Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-run trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design. The theoretical arguments have three elements: * Pension systems have multiple objectives--consumption smoothing, insurance, poverty relief, and redistribution. Good policy needs to bear them all in mind. * Good analysis should be framed in a second-best context-- simple economic models are a bad guide to policy design in a world with imperfect information and decision-making, incomplete markets and taxation. * Any choice of pension system has risk-sharing and distributional consequences, which the book recognizes explicitly. Barr and Diamond's analysis includes labor markets, capital markets, risk sharing, and gender and family, with comparison of PAYG and funded systems, recognizing that the suitable level of funding differs by country. Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation, and of experiences, both good and bad, in many countries, with particular attention to Chile and China.
An Overview Of Reforming Pensions
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Author : N. A. Barr
language : en
Publisher:
Release Date : 2009
An Overview Of Reforming Pensions written by N. A. Barr and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
Handbook Of Aging And The Social Sciences
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Author : Linda George
language : en
Publisher: Academic Press
Release Date : 2010-11-26
Handbook Of Aging And The Social Sciences written by Linda George and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-26 with Medical categories.
Handbook of Aging and the Social Sciences, Seventh Edition, provides extensive reviews and critical evaluations of research on the social aspects of aging. It also makes available major references and identifies high-priority topics for future research. The book is organized into four parts. Part 1 reviews developments in the field of age and the life course (ALC) studies and presents guidelines on conducting cohort analysis. Part 2 covers the demographic aspects of aging; longevity trends; disability and aging; and stratification and inequality research. Part 3 includes chapters that examine socioeconomic position and racial/ethnic disparities in health at older ages; the role of social factors in the distribution, antecedents, and consequences of depression; and aspects of private wealth transfers and the changing nature of family gift-giving. Part 4 deals with pension reform in Europe; the political activities of older Americans; the future of retirement security; and gender differences in old age. The Handbook is intended for researchers, professional practitioners, and students in the field of aging. It can also serve as a basic reference tool for scholars, professionals, and others who are not presently engaged in research and practice directly focused on aging and the aged. - Contains all the main areas of social science gerontological research in one volume - Begins with a section on theory and methods - Edited by one of the fathers of gerontology (Binstock) and contributors represent top scholars in gerontology
China S Economy
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Author : Iris Claus
language : en
Publisher: John Wiley & Sons
Release Date : 2015-02-16
China S Economy written by Iris Claus and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-16 with Business & Economics categories.
This collection of critical surveys provides readers with a range of up-to-date work from leading scholars in the area, writing on some of the key issues facing China, as they survey the present and future challenges of the Chinese economy Nine papers provide detailed discussion on key aspects of the past, present and future of the Chinese economy Leaders in their relevant fields of scholarship tackle some of the critical issues facing China Contributors identify common themes, including the household registration system, urbanization, demographic transition, inequality and the sustainability of economic growth Articles provide a critical review of the literature and discuss policy implications and areas for future research
Reforming Long Term Care In Europe
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Author : Joan Costa-Font
language : en
Publisher: John Wiley & Sons
Release Date : 2011-08-24
Reforming Long Term Care In Europe written by Joan Costa-Font and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-24 with Health & Fitness categories.
Reforming Long-term Care in Europe offers the most up-to-date analysis of the features and developments of long-term care in Europe. Each chapter focuses on a key question in the policy debate in each country and offers a description and analysis of each system. Offers the very latest analysis of long-term care reform agendas in Europe Compares countries comparatively less studied with the experiences of reform in Germany, the UK, Netherlands and Sweden Each chapter focuses on a key question in the policy debate in each country and portrays a description and analysis of each system Contributions from a wide range of European scholars for an exceptionally broad perspective
The Routledge Handbook Of The Economics Of Ageing
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Author : David E. Bloom
language : en
Publisher: Taylor & Francis
Release Date : 2023-08-16
The Routledge Handbook Of The Economics Of Ageing written by David E. Bloom and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-16 with Business & Economics categories.
Ageing populations pose some of the foremost global challenges of this century. Drawing on an international pool of scholars, this cutting-edge Handbook surveys the micro, macro and institutional aspects of the economics of ageing. Structured in seven parts, the volume addresses a broad range of themes, including health economics, labour economics, pensions and social security, generational accounting, wealth inequality and regional perspectives. Each chapter combines a succinct overview of the state of current research with a sketch of a promising future research agenda. This Handbook will be an essential resource for advanced students, researchers and policymakers looking at the economics of ageing across the disciplines of economics, demography, public policy, public health and beyond. Chapter 37 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution (CC-BY) 4.0 license.
New Policies For Mandatory Defined Contribution Pensions
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Author : Gregorio Impavido
language : en
Publisher: World Bank Publications
Release Date : 2010-06-04
New Policies For Mandatory Defined Contribution Pensions written by Gregorio Impavido and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-04 with Business & Economics categories.
Mandatory defined contribution pension markets are present in a growing number of countries around the world. But despite their popularity, policymakers continue to struggle with two key policy concerns. On the one hand, a number of design shortcomings encourages pension firms to charge high administrative fees. On the other hand, the global crisis that started in 2007 has reignited the debate on whether pension participants bear excessive investment risk. Both are valid policy concerns as their incidence can imply higher than expected levels of poverty among old age individuals. Both concerns have the same root problem---the limited capacity of individuals to choose what is best for them. This, in turn, stems from a combination of inadequate financial education, bounded rationality and the use of simplistic 'rules of thumb' that produce systematic biases in the decision making process of individuals. While improving financial education is an obvious avenue to pursue, this book is more concerned with design features that can exploit these systematic biases to protect consumers from themselves. 'New Policies for Mandatory Defined Contribution Pensions: Industrial Organization Models and Investment Products' (i) discusses the main implications for the functioning of mandatory defined contribution pensions of consumers inability to make rational choices; (ii) describes how jurisdictions have tried to address these problems through ad hoc policy interventions; and (iii) proposes new policy directions in the areas of industrial organization models and investment products to address these concerns more effectively. Written for practitioners and researchers around the world, this book provides access to new thinking on mandatory defined contribution pension systems and it makes an important contribution to the on-going policy debate on how to best structure mandatory defined contribution pillars.
An Assessment Of The 2019 And 2020 Pension Reforms In Mexico
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Author : Boele Bonthuis
language : en
Publisher: International Monetary Fund
Release Date : 2024-03-08
An Assessment Of The 2019 And 2020 Pension Reforms In Mexico written by Boele Bonthuis and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-08 with Business & Economics categories.
In recent years the Mexican pension system has changed significantly. In 2019 the existing means-tested social pension was made universal – covering everyone over the age of 65 – and the benefit level increased. In 2020, the main regime of the private sector was substantially reformed, increasing contribution rates for the funded defined contribution system, lowering the minimum years of contributions needed to receive an earnings-related pension, and increasing minimum pensions. This paper tries to assess the likely outcomes of those reforms, discusses design inefficiencies of the reforms and offers policy options to improve pension system design.