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Product Description
Pension Reform: A Short Guide (9780195387728): Nicholas Barr, Peter Diamond: Books. This volume distills the accumulated experience of two of the world's leading experts on pension policy. It reports on how a broad cross-section of nations around the globe have grappled with the varied and conflicting objectives of national pension programs. It is a splendid example of something all too rare--the marriage of the best of economic theory and politically and institutionally sensitive observational experience.--Henry J. Aaron, Bruce and Virginia MacLaury Senior Fellow, The Brookings InstitutionI love this book. It is a concise and brilliant analysis of pension reform around the world. I recommend it as a primer for anyone interested in understanding the key issues and policy alternatives.--Zvi Bodie, Norman and Adele Barron Professor of Management, Boston UniversityPraise for Reforming Pensions: Principles and Policy ChoicesTwo of the finest minds in the economics profession lucidly explain the theory and practice of pensions. They uncover the various trade-offs in designing and reforming pension systems in an imperfect world. While difficult, good reforms appear to be possible. I wish that this book had been available when I became interested in pensions. It would have saved me a lot of time and energy.---Lans Bovenberg, Scientific Director, Netspar, Tilburg UniversityPraise for Reforming Pensions: Principles and Policy ChoicesThis is a wonderful book. Two very smart economists, steeped in theory and exposure to real-life pension issues, lay out the principles for good pension reform. They emphasize that pensions have multiple purposes-consumption smoothing, poverty relief, insurance, and redistribution, that we live in a 'second-best' world, and that, because countries vary significantly in their stage of development, fiscal capacities, and administrative capabilities, there is no single best pension design. Yet using a host of international examples, the authors demonstrate how sound economic principles lead to good pension systems and how analytical errors lead to trouble. This sophisticated yet highly readable volume should serve as a road map for any country embarking on pension reform.--Alicia H. Munnell, Director, Center for Retirement Research at Boston College
Shipping Weight: 2 pounds
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