Modeling Pension Systems

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Comparative discussion of pension systemsSolutions to all the problems are provided at the end of the bookDetailed information of modelling pension systems
List of Figures List of Tables Introduction Part I - Micro Level 1 Life cycle 2 Life insurance with life annuity 3 Fully funded systems 4 Unfunded systems 5 Mixed systems 6 Contributions, taxes and inflation Part II - Macro Level 7 Demographic process 8 Macroeconomics of pension systems 9 Transition between pension systems 10 Distribution of pensions Part III - Special Topics 11 Optimal consumption path 12 Flexible retirement 13 A closed model of overlapping cohorts 14 Macroeffects of combined indexation 15 Prefunding the unfunded system 16 A dynamic model of German pension reform 17 Political models 18 General pension accounting for Hungary 19 Closing remarks A - Designing optimal benefit rules B - Overlapping generations Solutions to problems Notations References Index
The issue of unfunded public pension systems have moved to the centre of public debate all over the world. Unfortunately, a large part of the discussions have remained on a qualitative level. This book seeks to address this by providing detailed knowledge on modelling pension systems.

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Autor: A. Simonovits
ISBN-13 :: 9781403915252
ISBN: 1403915253
Erscheinungsjahr: 30.09.2003
Verlag: Palgrave Macmillan UK
Gewicht: 326g
Seiten: 256
Sprache: Englisch
Auflage 2003
Sonstiges: Taschenbuch, 216x140x13 mm
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