IDEAS home Printed from https://ideas.repec.org/a/pal/gpprii/v34y2009i4p536-547.html
   My bibliography  Save this article

Pensions During the Crisis: Impact on Retirement Income Systems and Policy Responses

Author

Listed:
  • Edward Whitehouse

    () (OECD, rue André Pascal 2, Paris 75775 Paris Cedex 16, France.)

Abstract

The financial and economic crisis has had a profound impact on economies and societies, and pension systems are no exception. This paper illustrates the impact of the financial crisis on private pension schemes and of the wider economic crisis on both private and public retirement income provisions. The analysis shows that no pension scheme and no country is immune from the effects of the crisis. Policy responses to the crisis are explored: both short-term mitigation and addressing long-term, structural problems that have been highlighted and exacerbated by current financial and economic difficulties.

Suggested Citation

  • Edward Whitehouse, 2009. "Pensions During the Crisis: Impact on Retirement Income Systems and Policy Responses," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 34(4), pages 536-547, October.
  • Handle: RePEc:pal:gpprii:v:34:y:2009:i:4:p:536-547
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/gpp/journal/v34/n4/pdf/gpp200925a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: http://www.palgrave-journals.com/gpp/journal/v34/n4/full/gpp200925a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rastislav Potocký & Helmut Waldl & Milan Stehlík, 2014. "On Sums of Claims and their Applications in Analysis of Pension Funds and Insurance Products," Prague Economic Papers, University of Economics, Prague, vol. 2014(3), pages 349-370.
    2. Barajas, Adolfo & Catalán, Mario, 2015. "Market discipline and conflicts of interest between banks and pension funds," Journal of Financial Intermediation, Elsevier, vol. 24(3), pages 411-440.
    3. Adolfo Barajas & Mario Catalan, 2011. "Market Discipline and Conflicts of Interest Between Banks and Pension Funds," IMF Working Papers 11/282, International Monetary Fund.
    4. Godínez-Olivares, Humberto & Boado-Penas, María del Carmen & Haberman, Steven, 2016. "Optimal strategies for pay-as-you-go pension finance: A sustainability framework," Insurance: Mathematics and Economics, Elsevier, vol. 69(C), pages 117-126.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:34:y:2009:i:4:p:536-547. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.palgrave-journals.com/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.