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The Gains from Pens...
The Gains from Pension Reform
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- Lindbeck, Assar (författare)
- Stockholms universitet,Institutet för internationell ekonomi
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- Persson, Mats (författare)
- Stockholms universitet,Institutet för internationell ekonomi
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(creator_code:org_t)
- Stockholm : IIES, 2002
- Engelska 75 s.
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Serie: Seminar Paper / Institute for International Economic Studies, Stockholm University. (Online), 1653-610X ; 712
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Abstract
Ämnesord
Stäng
- We classify social security pension systems in three dimensions: actuarial versus non-actuarial, funded versus unfunded, and defined-benefit versus defined contribution systems. Recent pension reforms are discussed in terms of these dimensions. Shifting to a more actuarial system reduces labor-market distortions, although limiting the scope for redistribution. Shifting to a funded system may increase saving, redistribute income to future generations and distort contermporary labor supply. A partial shift to a funded system helps individuals diversify their pension assets. A shift from a defined-benefit to a defined-contribution system means that income risk will be shifted from workers to pensioners.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- social security
- pension reform
- actuarial fairness
- funding
- Economics
- Nationalekonomi
Publikations- och innehållstyp
- vet (ämneskategori)
- rap (ämneskategori)