Reforming Pensions

by Nicholas Barr

2020-07-11 17:01:15

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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 retirem... Read more
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 analysis is complemented by discussion of implementation. Less

Book Details

File size9.09 X 5.98 X 0.59 in
Print pages264
PublisherOxford University Press
Publication date November 30, 2009
Languageeng
ISBN9780199889068
Nicholas Barr is Professor of Public Economics at the London School of Economics, the author of numerous books and articles, and a Trustee of HelpAge International. He spent two periods at the World ...

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