Reforming Pensions: Principles and Policy Choices

4 valoración promedio
( 4 valoraciones por GoodReads )
 
9780195311303: Reforming Pensions: Principles and Policy Choices
Review:

It is required reading for anyone who wants to either become or remain a specialist in both the theory and practice of pension reform around the world. ( Lans Bovenberg Journal of Pension)

[A] well informaed, timely and authoritative examination of the best way to meet the challenge of pension provision in an ageing society. ( The Journal of Ageing and Society)

From the Publisher:

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.

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Barr, Nicholas; Diamond, Peter
Editorial: Oxford University Press, USA (2008)
ISBN 10: 0195311302 ISBN 13: 9780195311303
Nuevos Tapa dura Cantidad: 1
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Descripción Oxford University Press, USA, 2008. Hardcover. Estado de conservación: New. Nº de ref. de la librería SONG0195311302

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Barr, Nicholas; Diamond, Peter
Editorial: Oxford University Press Inc, United States (2008)
ISBN 10: 0195311302 ISBN 13: 9780195311303
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Descripción Oxford University Press Inc, United States, 2008. Hardback. Estado de conservación: New. 238 x 154 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería AOP9780195311303

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3.

Barr, Nicholas; Diamond, Peter
Editorial: Oxford University Press Inc, United States (2008)
ISBN 10: 0195311302 ISBN 13: 9780195311303
Nuevos Tapa dura Cantidad: 10
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The Book Depository US
(London, Reino Unido)
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Descripción Oxford University Press Inc, United States, 2008. Hardback. Estado de conservación: New. 238 x 154 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería AOP9780195311303

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Barr, Nicholas; Diamond, Peter
Editorial: Oxford University Press Inc
ISBN 10: 0195311302 ISBN 13: 9780195311303
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Descripción Oxford University Press Inc. Hardback. Estado de conservación: new. BRAND NEW, Reforming Pensions: Principles and Policy Choices, Nicholas Barr, Peter Diamond, 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. Nº de ref. de la librería B9780195311303

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Barr, Nicholas; Diamond, Peter
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Descripción 2008. Hardcover. Estado de conservación: New. 157mm x 28mm x 236mm. Hardcover. 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:.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 352 pages. 0.658. Nº de ref. de la librería 9780195311303

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Descripción Oxford University Press, 2008. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 0195311302

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Descripción Oxford University Press. Hardcover. Estado de conservación: New. 0195311302 New Condition. Nº de ref. de la librería NEW6.0076699

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Descripción 2008. Hardcover. Estado de conservación: New. 157mm x 28mm x 236mm. Hardcover. Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three lon.Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 352 pages. 0.658. Nº de ref. de la librería 9780195311303

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