Pension Economics

While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From reading this book, the user will understand:

* The key types of pension scheme

* The role of pensions in maximizing individual lifetime welfare

* The role of pensions in individual savings and retirement decisions

* The role and consequences of the pension plan from the company's viewpoint

* The role of pensions in promoting aggregate savings

* The role of pensions and retirement in overlapping generations models

* The economics of ageing and intergenerational accounting

* The social welfare implications of pensions

* The lessons of behavioural economics for pensions

Keywords: BUSINESS & ECONOMICS / Finance BUS027000