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https://hdl.handle.net/10419/20666
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Góra, Marek | en |
dc.contributor.author | Palmer, Edward | en |
dc.date.accessioned | 2009-01-28T16:15:48Z | - |
dc.date.available | 2009-01-28T16:15:48Z | - |
dc.date.issued | 2004 | - |
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 contributionof the paper is the development of the concept of NDC, itself a new construction in pensioneconomics. An important conclusion is that NDC is neutral in terms of externalities. Itmanages the risks and eliminates the negative externalities associated with traditional publicNDB schemes, and in a manner similar to FDC schemes. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1369 | en |
dc.subject.jel | D91 | en |
dc.subject.jel | H55 | en |
dc.subject.jel | J26 | en |
dc.subject.jel | H23 | en |
dc.subject.jel | D8 | en |
dc.subject.jel | G23 | en |
dc.subject.jel | D6 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | pensions | en |
dc.subject.keyword | NDC | en |
dc.subject.keyword | FDC | en |
dc.subject.keyword | notional account systems | en |
dc.subject.keyword | financial account systems | en |
dc.subject.keyword | funding | en |
dc.subject.keyword | externalities | en |
dc.subject.keyword | risks | en |
dc.subject.keyword | defined contribution | en |
dc.subject.keyword | government debt | en |
dc.subject.stw | Gesetzliche Rentenversicherung | en |
dc.subject.stw | Umlageverfahren | en |
dc.subject.stw | Kapitaldeckungsverfahren | en |
dc.subject.stw | Wirtschaftliche Effizienz | en |
dc.subject.stw | Externer Effekt | en |
dc.title | Shifting Perspectives in Pensions | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 476072646 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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