1. The typical treatment of inflation in retirement planning textbooks is too complex and is not reasonable in terms of … the amount to contribute the first year being dependent on the inflation rate assumption.2. Economists typically put all … amounts and interest rates in inflation-adjusted terms, which is simpler and a more rational approach to long-term planning.3 …

Much of the recent discussion about the relation between pensions and inflation has emphasized the adverse impact that … the un-expected rise in inflation has had on pension recipients and on the performance of pension funds. In contrast, the … present paper focuses on the way that pensions are likely to evolve in response to the expectation of continued inflation in …

Much of the recent discussion about the relation between pensions and inflation has emphasized the adverse impact that … the un-expected rise in inflation has had on pension recipients and on the performance of pension funds. In contrast, the … present paper focuses on the way that pensions are likely to evolve in response to the expectation of continued inflation in …