The Future of Multi-Pillar Pensions
Lans Bovenberg · Casper van Ewijk · Ed Westerhout
Jun 2012 · Cambridge University Press
Ebook
435
Pages
reportRatings and reviews aren’t verified Learn More
About this ebook
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.
About the author
Lans Bovenberg is Professor of Economics at Tilburg University. He founded the research network Netspar (Network for Studies on Pensions, Ageing and Retirement).
Casper van Ewijk is Professor of Economics at the University of Amsterdam and Deputy Director of CPB Netherlands Bureau of Economic Policy Analysis.
Ed Westerhout is project leader of the Netspar theme 'Multi-pillar Pension Schemes and Macroeconomic Performance' at CPB Netherlands Bureau of Economic Policy Analysis.
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
