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Reforming Pensions: Principles and Policy Choices by Nicholas Barr (English) Har
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Item specifics
- Condition
- ISBN-13
- 9780195311303
- Book Title
- Reforming Pensions
- ISBN
- 9780195311303
- Publication Year
- 2008
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- Reforming Pensions: Principles and Policy Choices
- Item Height
- 242 mm
- Publisher
- Oxford University Press
- Subject
- Economics, Accounting
- Item Weight
- 652 g
- Item Width
- 162 mm
- Number of Pages
- 368 Pages
About this product
Product Information
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.
Product Identifiers
Publisher
Oxford University Press
ISBN-13
9780195311303
eBay Product ID (ePID)
87772252
Product Key Features
Number of Pages
368 Pages
Publication Name
Reforming Pensions: Principles and Policy Choices
Language
English
Subject
Economics, Accounting
Publication Year
2008
Type
Textbook
Format
Hardcover
Dimensions
Item Height
242 mm
Item Weight
652 g
Item Width
162 mm
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
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- e***r (2700)- Feedback left by buyer.Past 6 monthsVerified purchaseItem as described , safely packaged and fast delivery , good price , great communication Highly recommended eBayer A+++++
- 8***a (362)- Feedback left by buyer.Past monthVerified purchaseAs described, a brand new copy of Belsay. Arrived within a couple of days. Packaged extremely well. Excellent value for money. Recommend this seller. Delighted with purchase. Would buy from them again.
- e***r (829)- Feedback left by buyer.Past 6 monthsVerified purchaseA quality product in excellent condition and at a good price. Despatched quickly and arrived undamaged via RM. However the tracking code provided never worked at all despite leaving 48hrs as recommended by seller. Communication with seller is very good a d prompt. I would definitely buy from again and highly recommend. Thank you