NDC v FDC: Pros, cons and replication

Blake, David (2009): NDC v FDC: Pros, cons and replication.

Abstract

This paper examines the advantages and disadvantages of non-financial defined contribution (NDC) pension plans relative to financial defined contribution (FDC) pension plans. It also shows how an NDC outcome can be replicated in a FDC framework.

• Item Type: MPRA Paper
• Language: English
• Keywords: Non-financial defined contribution; Financial defined contribution
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly ; Economics of the Handicapped ; Non-Labor Market Discrimination; J - Labor and Demographic Economics > J1 - Demographic Economics > J11 - Demographic Trends, Macroeconomic Effects, and Forecasts

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