The economics of pensions and variable retirement schemes
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Author
Publication
1994 - J. Wiley & Sons, Chichester, England, England
Language
English
Word Count
52,750 words, Guess
Page Count
211 pages
Identifiers
- Open LibraryOL1430912M
- ISBN-100471943592
- OCLC Control Number29359653
- OCLC Control Numbereconomicsofpensi0000fabe
- Library of Congress Control Number93042346
and 1 more
- Goodreads1781795
Classifications
- DDC331.25/2
- LCCHD7105 .F24 1994
Description
"Public old-age insurance schemes in industrialized countries are facing serious financing problems as demographics have changed, retirement ages have decreased and benefits have increased. This book surveys the theoretical, empirical and political issues involved in explaining the evolution of such systems and their reforms, and presents a microeconomic analysis of the determinants of individual retirement decisions when consumers face flexible retirement schemes. A model of induced retirement behaviour (assuming actuarially fair benefit adjustments) is developed and analysed in detail. This model is then used in the analysis of consumer groups exhibiting different characteristics relevant to their retirement decisions."--Back cover.
Subjects
Topics
Series Statement
- Series in financial economics and quantitative analysis
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