Pension Strategies in Europe and the United States.
- 1st ed.
- 1 online resource (310 pages)
- CESifo Seminar Series .
- CESifo Seminar Series .
Intro -- 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 Kingdom -- 7 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.
Leading economists analyze topical issues in pension policy, including structural reform of pay-as-you-go systems, the political sustainability of pension reforms, and the need for private, funded systems.
9780262272575
Pensions -- Europe. Pensions -- United States. Pension trusts -- Europe. Pension trusts -- United States.