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Ferber, Marianne A.
Simpson, Patricia A.
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[Journal:] Management Revue [ISSN:] 1861-9916 [Publisher:] Hampp [Place:] Mering [Volume:] 20 [Year:] 2009 [Issue:] 3 [Pages:] 254-267
What is the relationship between the introduction of defined-contribution accounts into public pension systems and changes in elderly poverty and income inequality?*** The present study examines the current state of knowledge with regard to these relationships. The study is divided into four parts: 1) an overview of data indicating that elderly poverty began to rise at least in developed economies in recent years; 2) a discussion of a body of conceptual and empirical studies that suggests definedcontribution accounts will adversely impact elderly poverty and income inequality; 3) a review of confounding factors that make it difficult to project the direction of such relationships; 4) suggestions for future research.
pay-as-you-go (PAYG)
defined-benefits accounts
definedcontribution accounts
parametric reforms
systemic reform
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