The Economics of Pensions and Variable Retirement Schemes.

J. Michael Orszag, Oliver Fabel

Economica · 1995 · 33 citations · 0 references

Concepts

Abstract

PART ONE: SOCIAL SECURITY REFORM: A SURVEY: Social Security Policy in International Perspective Public Pensions: Economic Approaches PART TWO: INDIVIDUAL RETIREMENT DECISIONS: Determinants of the Lifetime Labour Supply A Basic Analytical Framework Marginal Fairness and Pareto-Efficiency PART THREE: HETEROGENEOUS POPULATIONS AND EFFICIENT RETIREMENT RULES: Variable Retirement Schemes and Individual Choices The Common Contribution Rate Adverse Selection and Benefit Rules Summary and Conclusions.