Social security pension reform in Europe [[electronic resource] /] / edited by Martin Feldstein and Horst Siebert

• Record Nr.: UNINA9910815592103321
• Pubbl/distr/stampa: Chicago, : University of Chicago Press, 2002
• ISBN: 1-282-18922-0; 9786612189227; 0-226-24191-2
• Descrizione fisica: 1 online resource (515 p.)
• Collana: National Bureau of Economic Research conference report
• Altri autori (Persone): FeldsteinMartin S; SiebertHorst <1938-2009.>
• Disciplina: 331.25/22/094
• Soggetti: Social security - Europe; Pensions - Europe - Finance; Pension trusts - Investments - Europe; Privatization - Europe
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Papers presented at a conference held in Berlin, Germany in March of 2000.
• Nota di bibliografia: Includes bibliographical references and indexes.
• Nota di contenuto: Machine generated contents note: Introduction: An American Perspective I -- Martin Feldstein -- Introduction: A European Perspective 9 -- Horst Siebert -- 1. Pensions and Contemporary Socioeconomic Change 19 -- Assar Lindbeck -- Discussion Summary -- 2. Different Approaches to Pension Reform from an Economic Point of View 49 -- Jonathan Gruber and David A. Wise -- Comment: Herbert Hax -- Discussion Summary -- 3. Labor Mobility, Redistribution, and Pension Reform in Europe 85 -- Alain Jousten and Pierre Pestieau -- Comment: Michael Burda -- Discussion Summary -- 4. France: The Difficult Path to Consensual Reforms 109 -- Didier Blanchet and Florence Legros -- Comment: Martine Durand -- Discussion Summary -- 5. The German Pension System: Status Quo and Reform Options 137 -- Bert Riirup -- Comment: Axel Bbrsch-Supan -- Discussion Summary -- 6. Swedish Pension Reform: How Did It Evolve, and What Does It Mean for the Future? 171 -- Edward Palmer -- Comment: Laurence J. Kotlikoff -- Discussion Summary -- 7. Italy: A Never-Ending Pension ; Reform 211 -- Daniele Franco -- Comment: Franco Peracchi -- Discussion Summary -- 8. Prefunding in a Defined Benefit Pension System: The Finnish Case 263 -- Jukka Lassila and Tarmo Valkonen -- Comment: Reijo Vanne -- Discussion Summary -- 9. Pension Reform: Issues in the Netherlands 291 -- Jeroen J. M. Kremers -- Comment: A. Lans Bovenberg -- Discussion Summary -- 10. The United Kingdom: Examining the Switch -- from Low Public Pensions to High-Cost Private Pensions 317 -- David Blake -- Comment: Andrew A. Samwick -- Discussion Summary -- 11. Poland: Security through Diversity 349 -- Jerzy Hausner -- 12. The Hungarian Pension Reform: A Preliminary -- Assessment of the First Years of Implementation 365 -- Roberto Rocha and Dimitri Vittas -- 13. Romania's Pension System: From Crisis to Reform 401 -- Georges de Menil and Eytan Sheshinski -- Comment (on chaps. 11, 12 and 13): John McHale -- Discussion Summary (for chaps. 11, 12 and 13) -- 14. Recent Developments in Old Age Pension Systems: An International Overview 439 -- Klaus-Jiirgen Gem -- Appendix: OECD Statistical and Analytical -- Information on Aging 479.
• Sommario/riassunto: Social Security in the United States and in Europe is at a critical juncture. Through the essays assembled in Social Security Pension Reform in Europe, Martin Feldstein and Horst Siebert, along with a number of distinguished contributors, discuss the challenges facing Social Security reform in the aging societies of Europe. A remarkable range of European nations-Germany, France, Finland, the Netherlands, Poland, Romania, Italy, Sweden, the United Kingdom, and Hungary-have implemented or are about to implement mixed Social Security systems that combine a traditional defined benefit of the pay-as-you-go system with an individual retirement account defined contribution of a capital-funded system. The essays here highlight the problems that the European pension reform process faces and how it differs from that of the United States. This timely volume will significantly enrich the debate on pension reform worldwide.