Disney, Richard and Whitehouse, Edward (1992): The personal pensions stampede. Published in: (May 1992)
Download (1938Kb) | Preview
While personal-pension mis-selling dominated the headlines, just as costly was the over-compensation offered to younger workers to contract out of the state scheme into personal pensions. The proposal for age-related rebates outlined in this book was later taken up by the government.
|Item Type:||MPRA Paper|
|Original Title:||The personal pensions stampede|
|Keywords:||pension; personal pensions; retirement|
|Subjects:||H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions
G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
|Depositing User:||Edward Whitehouse|
|Date Deposited:||14. Sep 2008 05:18|
|Last Modified:||18. Feb 2013 01:06|
Bodie, Z. (1990) Pensions as retirement income insurance, Journal of Economic Literature, 28, March, 28-49.
Bohn, H. (1999) Social security and demographic uncertainty: The risk sharing properties of alternative policies, Working Paper 7030, Cambridge: National Bureau of Economic Research, March.
Börsch-Supan, A. (1998) Germany: A social security system on the verge of collapse, 129-160, in H. Siebert (ed) Redesigning Social Security, Institut für Weltwirtschaft an der Universität Kiel, Tübingen: Mohr Siebeck.
Buchanan, J. (1968) Social insurance in a growing economy: A proposal for radical reform, National Tax Journal, 21, December, 386-39.
Dilnot, A., Disney, R., Johnson, P. and Whitehouse, E. (1994) Pensions Policy in Britain: An Economic Analysis, London: Institute for Fiscal Studies.
Disney, R. (1996) Can We Afford to Grow Older? Cambridge: MIT Press.
Disney, R., Emmerson, C. and Tanner, S. (1999) Partnership in pensions: An Assessment, Commentary 78, London: Institute for Fiscal Studies.
Disney, R. and Whitehouse, E. (1993) Contracting-out and lifetime redistribution in the UK pension system, Oxford Bulletin of Economics and Statistics, 55, February, 25-41.
Disney, R. and Whitehouse, E. (1996) What are occupational pension plan entitlements worth in Britain? Economica, 63, May, 213-238.
Feldstein, M. (1996) The missing piece in policy analysis: Social security reform, American Economic Review, 86, May, 1-14.
Feldstein, M. (ed) Privatizing Social Security, the University of Chicago Press, for National Bureau of Economic Research.
Góra, M. and Rutkowski, M. (1998) The quest for pension reform: Poland’s security through diversity, Discussion Paper 9815, Washington D.C.: The World Bank, October.
Gustman, A.L. and Steinmeier, T.L. (1998) Privatizing social security: First-round effects of a generic, voluntary, privatized US social security system, 313-357 in Feldstein (ed) (1998).
Hemming, R. (1998) Should public pensions be funded? Working Paper 98/35, Washington D.C., International Monetary Fund, March.
Hemming, R. and Kay, J.A. (1982) The costs of the state-earnings related pension scheme, Economic Journal, 92, June, 300-319.
Jagannathan, R. and Kocherlakota, N. (1996) Why should older people invest less in stocks than younger people? Federal Reserve Bank of Minneapolis Quarterly Review, 20, 3, Summer.
Kotlikoff, L.J. (1998) Simulating the privatization of social security in general equilibrium, 265-306 in Feldstein (ed) (1998).
Kotlikoff, L.J., Smetters, K.A. and Walliser, J. (1998) Opting out of social security and adverse selection, Working Paper 6430, National Bureau of Economic Research, Cambridge, February.
Lee, R. and Skinner, J. (1999) Will aging baby boomers bust the Federal budget? Journal of Economic Perspectives, 13, Winter, 117-140.
Miles, D. (1999) Modelling the impact of demographic change upon the economy, Economic Journal, 109, January, 1-36.
Palacios, R. and Rocha, R. (1998) The Hungarian pension system in transition, Discussion Paper 9805, Washington D.C.: The World Bank, March.
Palacios, R. and Whitehouse, E. (1998) The role of choice in the transition to a funded pension system, Discussion Paper 9812, Washington, D.C.: The World Bank, September.
Samwick, A.A. (1997) Discount rate heterogeneity and social security reform, Working Paper 6219, Cambridge: National Bureau of Economic Research, December.
Whitehouse, E. (1998) Pension reform in Britain, Discussion Paper 9810, Washington D.C.: The World Bank, June.