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IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20666
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Góra, Marek | | en_US |
| dc.contributor.author | | Palmer, Edward | | en_US |
| dc.date.accessioned | | 2009-01-28T16:15:48Z | | - |
| dc.date.available | | 2009-01-28T16:15:48Z | | - |
| dc.date.issued | | 2004 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/20666 | | - |
| dc.description.abstract | | This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit (FDB) and non-financial defined benefit (NDB). A main contribution of the paper is the development of the concept of NDC, itself a new construction in pension economics. An important conclusion is that NDC is neutral in terms of externalities. It manages the risks and eliminates the negative externalities associated with traditional public NDB schemes, and in a manner similar to FDC schemes. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 1369 | | en_US |
| dc.subject.jel | | D91 | | en_US |
| dc.subject.jel | | H55 | | en_US |
| dc.subject.jel | | J26 | | en_US |
| dc.subject.jel | | H23 | | en_US |
| dc.subject.jel | | D8 | | en_US |
| dc.subject.jel | | G23 | | en_US |
| dc.subject.jel | | D6 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | pensions | | en_US |
| dc.subject.keyword | | NDC | | en_US |
| dc.subject.keyword | | FDC | | en_US |
| dc.subject.keyword | | notional account systems | | en_US |
| dc.subject.keyword | | financial account systems | | en_US |
| dc.subject.keyword | | funding | | en_US |
| dc.subject.keyword | | externalities | | en_US |
| dc.subject.keyword | | risks | | en_US |
| dc.subject.keyword | | defined contribution | | en_US |
| dc.subject.keyword | | government debt | | en_US |
| dc.subject.stw | | Gesetzliche Rentenversicherung | | en_US |
| dc.subject.stw | | Umlageverfahren | | en_US |
| dc.subject.stw | | Kapitaldeckungsverfahren | | en_US |
| dc.subject.stw | | Wirtschaftliche Effizienz | | en_US |
| dc.subject.stw | | Externer Effekt | | en_US |
| dc.title | | Shifting Perspectives in Pensions | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 476072646 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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