Pension Economics

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:<br /> * The key types of pension scheme<br /> * The role of pensions in maximizing individual lifetime welfare<br /> * The role of pensions in individual savings and retirement decisions<br /> * The role and consequences of the pension plan from the company's viewpoint<br /> * The role of pensions in promoting aggregate savings<br /> * The role of pensions and retirement in overlapping generations models<br /> * The economics of ageing and intergenerational accounting<br /> * The social welfare implications of pensions<br /> * The lessons of behavioural economics for pensions