
The Danish Pension System
Design, Performance, and Challenges
Oxford University Press
Published on 28. July 2022
Book
Hardback
294 pages
978-0-19-886742-5 (ISBN)
Description
The need for pension reform is widely discussed against the backdrop of falling fertility rates and rising longevity. These developments challenge pension systems which in many countries already encounter problems with pension adequacy and financial sustainability. In the debate, reference is often made to Denmark as a model for pension system reform.
This book offers the first coherent and in-depth description and analysis of the Danish pension system and its structure and performance. As is well-known to scholars and experts, there is a huge leap from considering general characterisations of pension systems in terms of various performance indicators to understand the structure of particular pension systems. This book aims to introduce these aspects to an international readership, explaining the structure and design of the pension system and its performance, benefit structure, regulation, critical reforms, and macroeconomic implications, as well as investment policies in pension funds in general.
This book offers the first coherent and in-depth description and analysis of the Danish pension system and its structure and performance. As is well-known to scholars and experts, there is a huge leap from considering general characterisations of pension systems in terms of various performance indicators to understand the structure of particular pension systems. This book aims to introduce these aspects to an international readership, explaining the structure and design of the pension system and its performance, benefit structure, regulation, critical reforms, and macroeconomic implications, as well as investment policies in pension funds in general.
More details
Language
English
Place of publication
Oxford
United Kingdom
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 231 mm
Width: 165 mm
Thickness: 33 mm
Weight
658 gr
ISBN-13
978-0-19-886742-5 (9780198867425)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Torben M. Andersen | Svend E. Hougaard Jensen | Jesper Rangvid
The Danish Pension System
Design, Performance, and Challenges
E-Book
08/2022
1st Edition
OUP eBook
€80.49
Available for download

Torben M. Andersen | Svend E. Hougaard Jensen | Jesper Rangvid
The Danish Pension System
Design, Performance, and Challenges
E-Book
07/2022
1st Edition
OUP eBook
€80.49
Available for download
Persons
Torben M. Andersen is professor in economics at the University of Aarhus, Denmark. He is research fellow at CEPR (London), CESifo (Munich), IZA (Bonn), and IfW (Kiel). His research mainly deals with labour market and public policy issues. He has published widely in international journals and books on stabilization policy, labour economics, public economics, and the economics of the Nordic welfare state. He has also been active in policy advice and has among other things served as chairman of the Danish Economic Council and the Danish Welfare Commission. He has been involved in policy advice for the European Commission and governments in Sweden, Norway, Finland, Canada, and Greenland.
Svend E. Hougaard Jensen is Professor of Economics and Director of the Pension Research Centre (PeRCent) at Copenhagen Business School. He is chairman of Bruegel's Scientific Council, and he is a member of the Systemic Risk Council. His research has focused on monetary unification and fiscal policy in Europe, generational and macroeconomic effects of changing demographics, pensions and social security, structural reforms, and macroeconomic policy more generally. Jensen has served as a consultant to the World Bank, the European Commission, and other government agencies.
Jesper Rangvid is Professor of Finance and Director of the Pension Research Centre (PeRCent) at Copenhagen Business School. In his research, Jesper Rangvid studies asset return determination and forecastability, financial crises, financial institutions (in particular asset managers and banks), international finance, and household finance. He was Chairman of the government-appointed committee that investigated the causes and consequences of the financial crisis in Denmark. He is a board member of The Medical Doctors' Pension Fund and The Medical Doctors' Pension Bank.
Svend E. Hougaard Jensen is Professor of Economics and Director of the Pension Research Centre (PeRCent) at Copenhagen Business School. He is chairman of Bruegel's Scientific Council, and he is a member of the Systemic Risk Council. His research has focused on monetary unification and fiscal policy in Europe, generational and macroeconomic effects of changing demographics, pensions and social security, structural reforms, and macroeconomic policy more generally. Jensen has served as a consultant to the World Bank, the European Commission, and other government agencies.
Jesper Rangvid is Professor of Finance and Director of the Pension Research Centre (PeRCent) at Copenhagen Business School. In his research, Jesper Rangvid studies asset return determination and forecastability, financial crises, financial institutions (in particular asset managers and banks), international finance, and household finance. He was Chairman of the government-appointed committee that investigated the causes and consequences of the financial crisis in Denmark. He is a board member of The Medical Doctors' Pension Fund and The Medical Doctors' Pension Bank.
Editor
Professor of EconomicsProfessor of Economics, University of Aarhus
Professor of EconomicsProfessor of Economics, Copenhagen Business School
Professor of FinanceProfessor of Finance, Copenhagen Business School
Content
1: Torben M. Andersen, Svend E. Hougaard Jensen, and Jesper Rangvid: The Danish Pension System: Design, Performance, and Challenges
2: Torben M. Andersen: The Danish Pension System in an International Comparison
3: Niels Lynggaard Hansen and Svend E. Hougaard Jensen: Income during Retirement: On the Role of Occupational Pensions and Home Equity as a Pension Device
4: Soren Fiig Jarner, Claus Munk, and Mogens Steffensen: Pension Product Design and Relations to the Danish Market
5: Peter Lochte Jorgensen, Henrik Ramlau-Hansen, and Jesper Rangvid: Asset Allocation, Investment Policies, and Returns
6: Jesper Berg: Regulation and Supervision of the Danish Pension System
7: Malene Kallestrup-Lamb, Soren Kjaersgard, and Soren Fiig Jarner: The Impact of Longevity on Pension Systems
8: Henrik Yde Andersen, Niels Lynggaard Hansen, and Andreas Kuchler: Pension Wealth and Macroeconomic Stability
9: Torben M. Andersen and Svend E. Hougaard Jensen: Public Finances and the Interplay Between Public and Private Pensions
2: Torben M. Andersen: The Danish Pension System in an International Comparison
3: Niels Lynggaard Hansen and Svend E. Hougaard Jensen: Income during Retirement: On the Role of Occupational Pensions and Home Equity as a Pension Device
4: Soren Fiig Jarner, Claus Munk, and Mogens Steffensen: Pension Product Design and Relations to the Danish Market
5: Peter Lochte Jorgensen, Henrik Ramlau-Hansen, and Jesper Rangvid: Asset Allocation, Investment Policies, and Returns
6: Jesper Berg: Regulation and Supervision of the Danish Pension System
7: Malene Kallestrup-Lamb, Soren Kjaersgard, and Soren Fiig Jarner: The Impact of Longevity on Pension Systems
8: Henrik Yde Andersen, Niels Lynggaard Hansen, and Andreas Kuchler: Pension Wealth and Macroeconomic Stability
9: Torben M. Andersen and Svend E. Hougaard Jensen: Public Finances and the Interplay Between Public and Private Pensions