Frontiers in Pension Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frontiers in Pension Finance write by Dirk Broeders. This book was released on 2009-01-01. Frontiers in Pension Finance available in PDF, EPUB and Kindle. In this fresh and valuable volume, experts from across the world provide guidance on pension design, risk management, and governance that is urgently needed in this rapidly changing pension environment. Aging populations are putting pressure on pay-as-you-go pension systems and spurring a shift to prefunded plans. Greater prefunding requires efficient risk management and judicious regulation and supervision. This book provides state-of-the-art analyses of these issues and should be required reading for scholars, practitioners, and anyone interested in the future of pensions. Alicia H. Munnell, Boston College Carroll School of Management and Center for Retirement Research, US How to deliver adequate pension benefits at reasonable costs is a huge challenge confronting our ageing societies. This book delivers a comprehensive overview of the latest insights into pension finance, pension system design, pension governance and risk based supervision. It combines state-of-the-art analyses with innovative policy proposals to increase the efficiency and resilience of pension systems and to advance these systems contribution to global financial stability. Renowned pension experts offer cutting-edge guidance for future decision making and the development of best practices. This exciting exploration of the frontiers in pension finance highlights key aspects of securing long term retirement provisions. Frontiers in Pension Finance will be of interest to a wide-ranging audience, especially academic researchers, pension practitioners, supervisors and public sector policymakers.
Frontiers in Pension Finance and Reform
Frontiers in Pension Finance and Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frontiers in Pension Finance and Reform write by A. Lans Bovenberg. This book was released on 2008. Frontiers in Pension Finance and Reform available in PDF, EPUB and Kindle. Stand-alone collective pension schemes are an attractive third way between the extensive public pay-as-you-go schemes of continental Europe and the individual pension plans that are increasingly replacing defined-benefit plans in the Anglo-Saxon countries. If a number of further reforms are implemented, Dutch pension funds can evolve into stand-alone pension schemes that better fit the needs of employees in a dynamic, innovative economy.
Pension Reform
Pension Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Pension Reform write by Robert Holzmann. This book was released on 2006. Pension Reform available in PDF, EPUB and Kindle. This book presents 25 state of the art papers on the conceptual foundations and issues surrounding Non-financial, or Notional, Defined Contribution (NDC), country implementation of NDC (Italy, Latvia, Poland, and Sweden) and case studies for countries where NDC is figured in the reform debate. This book is intended to be a handbook for academics and policy makers who want to become informed about what NDC is and to learn about the pros and cons of this attractive reform proposal.
US Pension Reform
US Pension Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook US Pension Reform write by Martin Neil Baily. This book was released on 2009. US Pension Reform available in PDF, EPUB and Kindle.
Reforming Pensions: Principles and Policy Choices
Reforming Pensions: Principles and Policy Choices - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reforming Pensions: Principles and Policy Choices write by Nicholas Barr. This book was released on 2008-09-17. Reforming Pensions: Principles and Policy Choices available in PDF, EPUB and Kindle. 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.
