1st Edition

Older and Wiser
Economics of Public Pensions





ISBN 9781138328785
Published June 3, 2019 by Routledge
194 Pages

USD $110.00

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Book Description

First published in 1998, this volume was developed as part of the Stockholm Initiative and sets out to assess the situation of providing for retirement and pensions. In the wake of intense debate over pay-as-you-go pensions, Lawrence Thomson for the most part leaves social and cultural issues for subsequent analysis, instead examining the economic

Table of Contents

Introduction 1 Overview and Summary 2 Reasons for Creating Mandatory Retirement Programs 3 The Economic Cost of Supporting the Retired 4 The Effect of Pensions on Saving and Investment 5 The Effect of Pensions on Labor Supply 6 Public Pensions and International Competitiveness 7 The Mathematics of Pension Contribution Rates 8 Choices of Pension Approaches and Transitions Between Approaches 9 Risks of Mid-Career Economic and Demographic Changes 10 Ensuring Income Adequacy Throughout Retirement Index, About the Author

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