Reforming Pensions

Year Published 2008
Business unit: Special Projects
Resource type: Case study
File type: PDF
Theme(s): Employment & labour markets, Finance, Labour

Description

This article, based on two books (Barr and Diamond 2008, forthcoming), sets out a series of principles for pension design rooted in economic theory: pension systems have multiple objectives, analysis should consider the pension system as a whole, analysis should be framed in a second-best context, different systems share risks differently, and systems have different effects by generation and by gender.

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