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- catalog abstract ""Public old-age insurance schemes in industrialized countries are facing serious financing problems as demographics have changed, retirement ages have decreased and benefits have increased. This book surveys the theoretical, empirical and political issues involved in explaining the evolution of such systems and their reforms, and presents a microeconomic analysis of the determinants of individual retirement decisions when consumers face flexible retirement schemes. A model of induced retirement behaviour (assuming actuarially fair benefit adjustments) is developed and analysed in detail. This model is then used in the analysis of consumer groups exhibiting different characteristics relevant to their retirement decisions."--Back cover.".
- catalog contributor b6035602.
- catalog created "1994.".
- catalog date "1994".
- catalog date "1994.".
- catalog dateCopyrighted "1994.".
- catalog description ""Public old-age insurance schemes in industrialized countries are facing serious financing problems as demographics have changed, retirement ages have decreased and benefits have increased. This book surveys the theoretical, empirical and political issues involved in explaining the evolution of such systems and their reforms, and presents a microeconomic analysis of the determinants of individual retirement decisions when consumers face flexible retirement schemes. A model of induced retirement behaviour (assuming actuarially fair benefit adjustments) is developed and analysed in detail. This model is then used in the analysis of consumer groups exhibiting different characteristics relevant to their retirement decisions."--Back cover.".
- catalog description "Includes bibliographical references (p. [189]-206) and index.".
- catalog description "pt. I. Social Security Reform: A Survey. 2. Social Security Policy: An International Perspective. 3. Public Pensions: Economic Approaches -- pt. II. Individual Retirement Decisions. 4. Determinants of the Lifetime Labor Supply. 5. A Basic Analytical Framework. 6. Marginal Fairness and Pareto-efficiency -- pt. III. Heterogeneous Populations and Efficient Retirement Rules. 7. Variable Retirement Schemes and Individual Choices. 8. The Common Contribution Rate. 9. Adverse Selection and Benefit Rules.".
- catalog extent "vii, 211 p. :".
- catalog hasFormat "Economics of pensions and variable retirement schemes.".
- catalog identifier "0471943592 (cased):".
- catalog isFormatOf "Economics of pensions and variable retirement schemes.".
- catalog isPartOf "Series in financial economics and quantitative analysis".
- catalog issued "1994".
- catalog issued "1994.".
- catalog language "eng".
- catalog publisher "Chichester, England ; New York : Wiley,".
- catalog relation "Economics of pensions and variable retirement schemes.".
- catalog subject "331.25/2 20".
- catalog subject "HD7105 .F24 1994".
- catalog subject "Old age pensions.".
- catalog subject "Pensions.".
- catalog subject "Retirement income.".
- catalog tableOfContents "pt. I. Social Security Reform: A Survey. 2. Social Security Policy: An International Perspective. 3. Public Pensions: Economic Approaches -- pt. II. Individual Retirement Decisions. 4. Determinants of the Lifetime Labor Supply. 5. A Basic Analytical Framework. 6. Marginal Fairness and Pareto-efficiency -- pt. III. Heterogeneous Populations and Efficient Retirement Rules. 7. Variable Retirement Schemes and Individual Choices. 8. The Common Contribution Rate. 9. Adverse Selection and Benefit Rules.".
- catalog title "The economics of pensions and variable retirement schemes / Oliver Fabel.".
- catalog type "text".