Pension Economics

David Blake

270 pages, parution le 20/10/2006

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Résumé

Pensions are a major public policy issue - in most countries, they represent a large portion of government fiscal obligations, a burden forecast to increase yet further as the 'baby boom' generation approaches retirement. At the same time, private pensions are a major component of financial markets and an important contributor to savings, investment and economic growth.

Pension economics considers the way in which individuals, companies and the state provide for retirement, and the consequences of the accumulating pension assets for the wider macroeconomy. As the global pensions crisis looms, it is essential that everyone working in the pensions industry understand how economics underpins the allocation of scarce resources - both now and in the future - and the incentives influencing this allocation. Pension Economics provides a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From this book readers will learn about the role of pensions:

in maximising individual lifetime welfare
in individual savings and retirement decisions
their consequences from the company's viewpoint
in promoting aggregate savings
in overlapping generations models

In addition, the book describes the various types of pension plans, covers the economics of ageing and intergenerational accounting and looks at the social welfare implications of pensions.

L'auteur - David Blake

Dr DAVID BLAKE is Professor of Pension Economics and Director of the Pensions Institute at Cass Business School, London, and Chairman of Square Mile Consultants, a training and research consultancy.

Sommaire

Introduction
Individual Pension Decision Making
Corporate Pension Decision Making
Pensions in the Diamond-Samuelson Overlapping Generations Model with Certain Lifetimes
Pensions in the Blanchard-Yaari Overlapping Generations Model with Uncertain Lifetimes
The Economics of Ageing and Generational Accounting
Risk Sharing and Redistribution in Pension Schemes
Behavioural Pension Economics

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Wiley
Auteur(s)	David Blake
Parution	20/10/2006
Nb. de pages	270
Format	16 x 24
Couverture	Relié
Poids	525g
Intérieur	Noir et Blanc
EAN13	9780470058442
ISBN13	978-0-470-05844-2