{"product_id":"social-security-reform-financial-and-political-issues-in-international-perspective-hardback-9780521844956","title":"Social Security Reform; Financial and Political Issues in International Perspective (Hardback) 9780521844956","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSocial Security Reform\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eFinancial and Political Issues in International Perspective\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book focuses on the underlying economic issues of the debate over public pension system reform.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eRobin Brooks (Edited by), Assaf Razin (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521844956, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 4 April 2005\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e384 pages\u003cbr\u003e24 x 16.5 x 2.5 cm, 0.73 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003eReview of the hardback: 'This volume is a valuable collection of essays … authored by some of the foremost experts in the field, providing sophisticated research techniques as well as a well-rounded international perspective on the debate over social security reform. the book is well organized, providing arguments that are both cohesive and highly readable.' Journal of PEF\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eAs population aging has become increasingly acute in many countries, the debate over how to reform often creaking public pension systems has gathered momentum. In many cases, this debate has become politicized and the focus on some of the underlying economic issues has been lost. This volume hopes to redress some of this imbalance. It begins by examining the rationale behind why public pension systems were introduced originally - out of fear that individuals do not adequately save for retirement. It then systematically examines different aspects of reforming these systems. It covers the fiscal repercussions of reform, the implications of the baby boom on asset returns in the years ahead, the political economy of the reform process, and finally the risk-sharing implications that are inherent in reform. An important additional goal of this volume is to make it accessible to as wide an audience as possible: students, academics, and policy makers.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Contributors\u003cbr\u003e Introduction Robin Brooks and Assaf Razin\u003cbr\u003e Part I. Aging Populations and the Need for Social Security Reform: 1. The joint Japanese, EU, and US demographic transitions - the roles of capital flows, immigration, and policy Hans Fehr, Sabine Jokisch and Laurence Kotlikoff\u003cbr\u003e 2. Will Social Security and Medicare remain viable as the US population is aging? An update Henning Bohn\u003cbr\u003e Part II. Undersaving as a Rationale for Mandatory Social Security Programs: 3. Self-control and saving for retirement David Laibson, Andrea Repetto and Jeremy Tobacman\u003cbr\u003e Part III. Investing Public Pensions in the Stock Market: 4. Social Security investment in equities Peter Diamond and John Geanakoplos\u003cbr\u003e 5. Investing public pensions in the stock market: implications for risk sharing, capital formation, and public policy in the developed and developing world Deborah Lucas\u003cbr\u003e 6. The risk-sharing implications of alternative social security arrangements Kjetil Storesletten, Chris Telmer, and Amir Yaron\u003cbr\u003e Part IV. Financial Markets and Social Security Reform: 7. Asset market effects of the baby boom and Social Security reform Robin Brooks\u003cbr\u003e 8. Demographic structure and asset returns James Poterba\u003cbr\u003e 9. Will bequests attenuate the predicted meltdown in stock prices when baby boomers retire? Andrew Abel\u003cbr\u003e Part V. Political Economy Aspects of Social Security Reform: 10. Aging and the private versus public pension controversy: a political-economy perspective Assaf Razin and Efraim Sadka\u003cbr\u003e 11. How would you like to reform your pension system? The opinions of German and Italian citizens Tito Boeri, Axel-Boersch-Supan, and Guido Tabellini\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Political economy [\u003ca title=\"See our other books on Political economy\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20economy%20%5BKCP%5D%22\"\u003eKCP\u003c\/a\u003e], Labour economics [\u003ca title=\"See our other books on Labour economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Labour%20economics%20%5BKCF%5D%22\"\u003eKCF\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e], Political science \u0026amp; theory [\u003ca title=\"See our other books on Political science \u0026amp; theory\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20science%20\u0026amp;%20theory%20%5BJPA%5D%22\"\u003eJPA\u003c\/a\u003e], Sociology \u0026amp; anthropology [\u003ca title=\"See our other books on Sociology \u0026amp; anthropology\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Sociology%20\u0026amp;%20anthropology%20%5BJH%5D%22\"\u003eJH\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46265231868184,"sku":"9780521844956","price":85.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521844956i.jpg?v=1692020809","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/social-security-reform-financial-and-political-issues-in-international-perspective-hardback-9780521844956","provider":"Freshly Printed Books","version":"1.0","type":"link"}