1.

Record Nr.

UNINA9910808330503321

Titolo

Pension strategies in Europe and the United States / / edited by Robert Fenge, Georges de Ménil, and Pierre Pestieau

Pubbl/distr/stampa

Cambridge, Mass. : , : MIT Press, , [2008]

©2008

ISBN

1-282-09943-4

9786612099434

0-262-27257-1

1-4356-3308-3

Descrizione fisica

1 online resource (311 p.)

Collana

CESifo seminar series

Disciplina

331.25/22094

Soggetti

Pensions - Europe

Pensions - United States

Pension trusts - Europe

Pension trusts - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Series Foreword; Introduction: Pension Systems in Europe and the United States: The Demographic Challenge; I Pay-as-You-Go Pension Systems; 1 Optimum Delayed Retirement Credit; 2 How Elastic Is the Response of the Retirement-Age Labor Supply? Evidence from the 1993 French Pension Reform; 3 Optimal Response to a Transitory Demographic Shock; II Democratic Sustainability; 4 Demographics and the Political Sustainability of Pay-as-You-Go Social Security; 5 Free Choice of Unfunded Systems: A Preliminary Analysis of a European Union Challenge; III Funded Pension Systems

6 Public Policy and Retirement Saving Incentives in the United Kingdom7 Personal Security Accounts and Mandatory Annuitization in a Dynastic Framework; 8 Aging, Funded Pensions, and the Dutch Economy; 9 Optimal Portfolio Management for Individual Pension Plans; Contributors; Index

Sommario/riassunto

In this work, leading economists analyse topical issues in pension policy, including strucural reform of pay-as-you-go systems, the



political sustainability of pension reforms, and the need for private, funded systems.