Fenge, Robert.

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.


Electronic books.

HD7105.45.E85P46 200

372.86