Credible pensions
One of the main problems in pension policy is to develop an institutional framework that guarantees that public and private pensions promises are kept. This paper discusses how the governance of public and private pensions is key to making such promises credible. It argues that credibility concerns undermine the case for earnings-related pensions run by the state and private defined benefit plans.
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| Length: | 19 pages |
| Date of creation: | Dec 2004 |
| Date of revision: | |
| Handle: | RePEc:ehl:lserod:24822 |
| Contact details of provider: | Postal: LSE Library Portugal Street London, WC2A 2HD, U.K. Phone: +44 (020) 7405 7686 Web page: http://www.lse.ac.uk/ More information through EDIRC
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Matthew Rabin, 2003.
"A Perspective on Psychology and Economics,"
General Economics and Teaching
0303003, EconWPA.
- Rabin, Matthew, 2002. "A perspective on psychology and economics," European Economic Review, Elsevier, vol. 46(4-5), pages 657-685, May.
- Rabin, Matthew, 2002. "A Perspective on Psychology and Economics," Department of Economics, Working Paper Series qt2wr3z049, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Rabin, Mathew, 2002. "A Perspective on Psychology and Economics," Department of Economics, Working Paper Series qt4z78n1r9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
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