Pension Economics

Pension Economics

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While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From reading this book, the user will understand: * The key types of pension scheme * The role of pensions in maximizing individual lifetime welfare * The role of pensions in individual savings and retirement decisions * The role and consequences of the pension plan from the company's viewpoint * The role of pensions in promoting aggregate savings * The role of pensions and retirement in overlapping generations models * The economics of ageing and intergenerational accounting * The social welfare implications of pensions * The lessons of behavioural economics for pensionsIf the company has a pension scheme, the managers will appoint a group of trustees (agents) to run the scheme in the best ... The trustees (principals) appoint fund managers (agents) to invest the scheme assets in the best interests of theanbsp;...

Title:Pension Economics
Author:David Blake
Publisher:John Wiley & Sons - 2006-11-02


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