Modeling pension systems / András Simonovits.

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Bibliographic Details
Published: New York : Palgrave Macmillan, c2003.
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Format: Book
Table of Contents:
  • Pt. I. Micro level
  • 1. Life cycle
  • 2. Life insurance with life annuity
  • 3. Fully funded systems
  • 4. Unfunded systems
  • 5. Mixed systems
  • 6. Contributions, taxes and inflation
  • Pt. II. Macro level
  • 7. Demographic processes
  • 8. Macroeconomics of pension systems
  • 9. Transition between pension systems
  • 10. Distribution of pensions
  • Pt. III. Special topics
  • 11. Optimal consumption path
  • 12. Flexible retirement
  • 13. A closed model of overlapping cohorts
  • 14. Macroeffects of combined indexation
  • 15. Prefunding the unfunded system
  • 16. A dynamic model of the German pension reform
  • 17. Political models
  • 18. Generational pension accounting for Hungary
  • 19. Closing remarks
  • A. Designing optimal linear benefit rules
  • B. Overlapping generations.