Limit this search to....

The Future of Multi-Pillar Pensions
Contributor(s): Bovenberg, Lans (Editor), Van Ewijk, Casper (Editor), Westerhout, Ed (Editor)
ISBN: 1139136143     ISBN-13: 9781139136143
Publisher: Cambridge University Press
OUR PRICE:   $156.75  
Product Type: Open Ebook - Other Formats
Published: December 2012
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Business & Economics | Economics - General
- Business & Economics | Personal Finance - Retirement Planning
Dewey: 331.252
 
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): 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.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).Westerhout, Ed: - Ed Westerhout is project leader of the Netspar theme 'Multi-pillar Pension Schemes and Macroeconomic Performance' at CPB Netherlands Bureau of Economic Policy Analysis.