Search: onr:"swepub:oai:DiVA.org:su-42029" >
The Gains from Pens...
The Gains from Pension Reform
-
- Lindbeck, Assar (author)
- Stockholms universitet,Institutet för internationell ekonomi
-
- Persson, Mats (author)
- Stockholms universitet,Institutet för internationell ekonomi
-
(creator_code:org_t)
- Stockholm : IIES, 2002
- English 75 s.
-
Series: Seminar Paper / Institute for International Economic Studies, Stockholm University. (Online), 1653-610X ; 712
- Related links:
-
https://su.diva-port... (primary) (Raw object)
-
show more...
-
https://urn.kb.se/re...
-
show less...
Abstract
Subject headings
Close
- 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.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- social security
- pension reform
- actuarial fairness
- funding
- Economics
- Nationalekonomi
Publication and Content Type
- vet (subject category)
- rap (subject category)
To the university's database