| The Future of Multi-Pillar Pensions Contributor(s): Bovenberg, Lans (Editor), Van Ewijk, Casper (Editor), Westerhout, Ed (Editor) |
|
 |
ISBN: 1107022266 ISBN-13: 9781107022263 Publisher: Cambridge University Press OUR PRICE: $137.75 Product Type: Hardcover - Other Formats Published: July 2012 |
| Additional Information |
| BISAC Categories: - Business & Economics | Personal Finance - Retirement Planning - Business & Economics | Economics - General |
| Dewey: 331.252 |
| LCCN: 2012011692 |
| Physical Information: 1" H x 6.1" W x 9" (1.75 lbs) 434 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Pension systems are under serious pressure worldwide. This pressure stems not only from the well-known trend of population ageing, but also from those of increasing heterogeneity of the population and increasing labour mobility. The current economic crisis has aggravated these problems, thereby exposing the vulnerability of many pension schemes to macroeconomic shocks. This book reconsiders the multi-pillar pension scheme against the background of these pressures. It adopts an integral perspective and asks how the pension system as a whole contributes to the three basic functions of pension schemes: facilitating life-cycle financial planning, insuring idiosyncratic risks and sharing macroeconomic risks across generations. It focuses on the optimal balance between the various pension pillars and on the optimal design of each of the schemes. It sketches a number of economic trade-offs, showing that countries may opt for different pension schemes depending on how they react to these trade-offs. |
Contributor Bio(s): Bovenberg, Lans: - Lans Bovenberg is Professor of Economics at Tilburg University. He founded the research network Netspar (Network for Studies on Pensions, Ageing and Retirement).Van Ewijk, Casper: - Casper van Ewijk is Professor of Economics at the University of Amsterdam and Deputy Director of CPB Netherlands Bureau of Economic Policy Analysis.Westerhout, Ed: - Ed Westerhout is project leader of the Netspar theme �ulti-pillar Pension Schemes and Macroeconomic Performance' at CPB Netherlands Bureau of Economic Policy Analysis. |