Pension Funds
Retirement-Income Security and Capital Markets: An International Perspective
Published on 22. January 1998
Book
Paperback/Softback
350 pages
978-0-19-829304-0 (ISBN)
Description
Coping with the ageing of the population without major economic disruption is undoubtedly one of the major challenges facing the global economy and world financial markets both now and for the coming decades.
In this context, this book assesses the major economic issues raised by occupational pension funds, as they have arisen in 12 OECD countries---the US, the UK, Germany, Japan, France, Italy, Canada, Australia, Denmark, Sweden, Switzerland and the Netherlands, as well as in Chile and Singapore. Particular emphasis is placed on the performance of funds in financial markets, the influence on funds of fiscal and regulatory conditions, and the consequences of funds' development for capital markets, corporate finance and international investment. The relationship with social security, the comparativ advantages of defined benefit and defined contribution funds and the role of funds in developing countries are also examined in detail.
In this context, this book assesses the major economic issues raised by occupational pension funds, as they have arisen in 12 OECD countries---the US, the UK, Germany, Japan, France, Italy, Canada, Australia, Denmark, Sweden, Switzerland and the Netherlands, as well as in Chile and Singapore. Particular emphasis is placed on the performance of funds in financial markets, the influence on funds of fiscal and regulatory conditions, and the consequences of funds' development for capital markets, corporate finance and international investment. The relationship with social security, the comparativ advantages of defined benefit and defined contribution funds and the role of funds in developing countries are also examined in detail.
Reviews / Votes
Combining economics of retirement income, monographic description of pension funds, effects on markets and institutions and policy-oriented recommendations is an impressive performance which will make this study the reference book on the subject for several years to come. * Revue de Banque * A first class book of global importance.Weltwirtschaftliches ArchivMore details
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Illustrations
tables
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 20 mm
Weight
577 gr
ISBN-13
978-0-19-829304-0 (9780198293040)
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Schweitzer Classification
Person
Content
Introduction ; 1. An Overview of the Economic Issues ; 2. The Economics of Social Security Pensions ; 3. The Structure of Pension Provision in 12 OECD Countries. ; 4. Taxation ; 5. Regulation ; 6. Performance of Pension Funds ; 7. Effects on Capital Markets ; 8. Pension Funds and Corporate Finance ; 9. International Investment ; 10. Defined Benefit and Defined Contribution Plans ; 11. Pension Funds in Developing Countries ; Conclusions ; Appendix 1: Interviews with Portfolio Managers ; Appendix 2: Pension Funds and ERM Crisis 1992-3 ; Glossary ; References ; Index