Editorial Reviews
Review
'... the book is an exemplary model for policy analysis in which the crisis is diagnosed and solutions proposed, tested and related institutions recommended. This is surely a wonderful testament to Modigliani's long career as an economist and Muralidhar's hard work in realising his vision.' Gordon L. Clark, Investment & Pensions Europe
'... makes a significant contribution to the growing literature on public pension reform ... valuable theoretical lessons for pension reformers of all stripes ... The authors' approach is imaginative and their economic analysis, as expected, is first-rate ... Rethinking Pension Reform represents a significant contribution to the continuing debate over public pension reform, and it constitutes a fitting legacy for its distinguished co-author.' Journal of Pension, Economics, and Finance
Book Description
To clarify the global debate on social security, the authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives. Because the success of reforms depends on financial innovation to mitigate key risks, innovations are discussed which demonstrate how pension reform choices affect the achievement of retirement objectives. Finally, the authors examine proposed hybrid options to show how their beneficial features can be captured through planning within a single fund. Hb ISBN (2004) 0-521-83411-2
Rethinking Pension Reform
Rethinking Pension Reform,Franco Modigliani,Arun Muralidhar,Cambridge University Press,0521676533,Estates & Trusts,Government - U.S. Government,Labor & Industrial Relations - General,Law,Politics - Current Events,Politics / Current Events,Public Policy - Economic Policy,Public Policy - Social Security,Business & Economics / Economics / General,Economics,Finance & Accounting
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