| Description |
1 online resource (xiii, 248 pages) : illustrations |
|
text file |
| Bibliography |
Includes bibliographical references (pages 235-243) and index. |
| Contents |
Cover; Half-title; Title; Copyright; Dedication; Contents; List of Tables; Acknowledgments; Introduction; Annuities Ancient And Modern; Renaissance; A Guide To The Book; Chapter Outline; 1 The Demand Side of the Annuity Market; 2 The Supply Side of the Annuity Market; 3 The Regulation of Annuity Providers; 4 Experience with Individual Account Reforms; 5 Individual Liberty versus Security in Retirement, and the Government's Role; 6 Policy Issues with both Public and Private Sector Provision of Mandatory Annuities; 7 Policy Issues with Privatization of the Provision of Annuities. |
|
8 Conclusions and RecommendationsAppendix 1: The Economics and Financing of Annuities; Introduction; A Two-Period Model; Bequests, Lumpy Expenditure, And Other Complications; The Cost And Funding Of Annuities; Relaxing The Assumptions; Adverse Selection; An Aside On The Timing Of Annuitization; The Insurance Value Of Annuities; Appendix 2: Aging and its Impact on Pension Systems; A Parable; Real World Aging Problems; Macroeconomic Aspects Of An Individual Accounts Reform; Glossary; References; Index. |
| Summary |
This book treats two vital but neglected public policy issues: how should distributions from individual accounts be regulated, and how can the market for private annuities function better? It provides a comprehensive survey of the issues that arise when contributors to individual accounts become eligible for distributions. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Pension trusts.
|
|
Pension trusts. |
|
Life annuities.
|
|
Life annuities. |
|
Retirement income.
|
|
Retirement income. |
| Genre/Form |
Electronic books.
|
|
Electronic books.
|
| Other Form: |
Print version: Mackenzie, G.A. (George A.), 1950- Annuity markets and pension reform. Cambridge ; New York : Cambridge University Press, 2006 0521846323 9780521846325 (DLC) 2006011483 (OCoLC)67239940 |
| ISBN |
0521846323 (cloth) |
|
9780521846325 (cloth) |
|
9780511226199 (electronic book) |
|
0511226195 (electronic book) |
|
0511222971 (electronic book ; Adobe Reader) |
|
9780511222979 (electronic book ; Adobe Reader) |
|
9780511224317 |
|
0511224311 |
|
9780511224980 |
|
0511224982 |
|
9786610550500 |
|
6610550506 |
| Standard No. |
9780521846325 |
|
