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"Pension systems are under serious pressure worldwide. This pressure stems not only from the well-known trend of population aging, but also from those of increasing heterogeneity of the population and increasing labour mobility. The current economic crisis has aggravated these problems, thereby exposing the vulnerability of many pension schemes to macroeconomic shocks. This book reconsiders the multi-pillar pension scheme against the background of these pressures. It adopts an integral perspective and asks how the pension system as a whole contributes to the three basic functions of pension schemes: facilitating life-cycle financial planning, insuring idiosyncratic risks and sharing macroeconomic risks across generations. It focuses on the optimal balance between the various pension pillars and on the optimal design of each of the schemes. It sketches a number of economic trade-offs, showing that countries may opt for different pension schemes depending on how they react to these trade-offs"--
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Edition | Availability |
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1
Future of Multi-Pillar Pensions
2015, University of Cambridge ESOL Examinations
in English
1107481120 9781107481121
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2
Future of Multi-Pillar Pensions
2012, Cambridge University Press
in English
1139136143 9781139136143
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3
The future of multi-pillar pensions
2012, Cambridge University Press
in English
1107022266 9781107022263
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4
Future of Multi-Pillar Pensions
2012, Cambridge University Press
in English
1139512595 9781139512596
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5
Future of Multi-Pillar Pensions
2012, Cambridge University Press
in English
1139515381 9781139515382
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Feedback?August 22, 2020 | Edited by ImportBot | import existing book |
April 13, 2012 | Created by LC Bot | import new book |