Narrow search
Showing 1 - 10 of 126
Cover Image
Pension policy in EU25 and its possible impact on elderly poverty
Zaidi, Asghar; Grech, Aaron George; Fuchs, Michael - London School of Economics (LSE) - 2006
affect risk of poverty for future pensioner populations. The pension landscape in Europe has changed considerably in the past … individuals. The paper includes exploratory projections of how the risk of elderly poverty might evolve in the future. The … countries where the benefit ratio is set to decline significantly, as expected, would see at-risk-poverty rates increase quite …
Persistent link: https://www.econbiz.de/10011126478
Cover Image
The economics of pensions
Barr, Nicholas; Diamond, Peter - London School of Economics (LSE) - 2006
This paper sets out the economic analytics of pensions. After introductory discussion, successive sections consider the effects of different pension arrangements on labour markets, on national savings and growth, and on the distribution of burdens and benefits. These areas are controversial and...
Persistent link: https://www.econbiz.de/10010928707
Cover Image
Compensating wage differentials for defined benefit and defined contribution occupational pension scheme benefits
Inkmann, Joachim - London School of Economics (LSE) - 2006
The theory of equalizing differences suggests that employer provided pension benefits should be compensated by reduced …
Persistent link: https://www.econbiz.de/10010746000
Cover Image
Evaluating the possible impact of pension reforms on future living standards in Europe
Grech, Aaron George - London School of Economics (LSE) - 2012
Successive reforms enacted since the 1990s have dramatically changed Europe’s pensions landscape. This paper tries to assess the impact of recent reforms on the ability of systems to alleviate poverty and maintain living standards, using estimates of pension wealth for a number of hypothetical...
Persistent link: https://www.econbiz.de/10010746065
Cover Image
How best to measure pension adequacy
Grech, Aaron George - London School of Economics (LSE) - 2013
Though the main benchmark used to assess pension reforms continues to be the expected resulting fall in future government spending, the impact of policy changes on pension adequacy is increasingly coming to the fore. As yet, there does not seem to be a broad consensus in policymaking circles and...
Persistent link: https://www.econbiz.de/10010746288
Cover Image
Assessing the sustainability of pension reforms in Europe
Grech, Aaron George - London School of Economics (LSE) - 2010
Spurred by the ageing transition, many governments have made wide-ranging reforms, dramatically changing Europe's pensions landscape. Nevertheless there remain concerns about future costs, while unease about adequacy is growing. This study develops a comprehensive framework to assess pension...
Persistent link: https://www.econbiz.de/10010746427
Cover Image
The impact of wealth on consumption and retirement behaviour in the UK
Blake, David - London School of Economics (LSE) - 2002
Housing and pension wealth are shown to be important determinants of personal sector consumption and retirement behaviour in the UK. Housing and state pension wealth have a positive effect on consumption, while private pension wealth promotes greater savings. Greater private defined benefit...
Persistent link: https://www.econbiz.de/10011071212
Cover Image
Liability valuation and optimal asset allocation
Inkmann, Joachim; Blake, David - London School of Economics (LSE) - 2004
and the determination of the optimal asset allocation using discount rates that ap-propriately reflect default risk. We …
Persistent link: https://www.econbiz.de/10010745722
Cover Image
Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans
Cairns, Andrew J. G.; Blake, David; Dowd, Kevin - London School of Economics (LSE) - 2004
investigate a model that incorporates three sources of risk: asset risk and salary (or labour-income) risk in the accumulation … phase; and interest-rate risk at the point of retirement. We propose a new form of terminal utility function, incorporating … presence of non-hedgeable salary risk. We compare the performance of stochastic lifestlying with some popular strategies used …
Persistent link: https://www.econbiz.de/10010746138
Cover Image
Best ideas
Silli, Bernhard; Cohen, Randolph B; Polk, Christopher - London School of Economics (LSE) - 2008
Persistent link: https://www.econbiz.de/10010746282