Frontiers in Pension Finance

Inbunden, Engelska, 2008

2 330 kr

Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt över 249 kr.

Beskrivning

How to deliver adequate pension benefits at reasonable costs is a huge challenge confronting our ageing societies. This book delivers a comprehensive overview of the latest insights into pension finance, pension system design, pension governance and risk based supervision. It combines state-of-the-art analyses with innovative policy proposals to increase the efficiency and resilience of pension systems and to advance these systems' contribution to global financial stability. Renowned pension experts offer cutting-edge guidance for future decision making and the development of best practices. This exciting exploration of the frontiers in pension finance highlights key aspects of securing long term retirement provisions.Frontiers in Pension Finance will be of interest to a wide-ranging audience, especially academic researchers, pension practitioners, supervisors and public sector policymakers.

Produktinformation

Utgivningsdatum:2008-03-31
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Förlag:Edward Elgar Publishing Ltd
ISBN:9781847206602

Utforska kategorier

Finansiering inom Ekonomi och Ledarskap

Mer om författaren

Edited by Dirk Broeders, De Nederlandsche Bank, The Netherlands, Sylvester Eijffinger, Professor of Economics, Tilburg University, the Netherlands and CEPR and Aerdt Houben, De Nederlandsche Bank, the Netherlands and formerly of the International Organisation of Pension Supervisors

Recensioner i media

'In this fresh and valuable volume, experts from across the world provide guidance on pension design, risk management, and governance that is urgently needed in this rapidly changing pension environment. Aging populations are putting pressure on pay-as-you-go pension systems and spurring a shift to prefunded plans. Greater prefunding requires efficient risk management and judicious regulation and supervision. This book provides state-of-the-art analyses of these issues and should be required reading for scholars, practitioners, and anyone interested in the future of pensions.'

Innehållsförteckning

Contents:PrefaceNout Wellink1. An Introduction to Frontiers in Pension FinanceDirk Broeders, Sylvester Eijffinger and Aerdt Houben2. Are Market Values Fair?Jon ExleyDiscussion by Peter Schotman3. The Intersection of Pensions and Enterprise Risk ManagementJeremy GoldDiscussion by Theo Nijman4. The Victory of Hope Over Angst? Funding, Asset Allocation and Risk Taking in German Public Sector Pension ReformRaimond Maurer, Olivia Mitchell and Ralph RogallaDiscussion by Tom Steenkamp, Roy Hoevenaars and Roderick Molenaar5. Labour Productivity in an Aging SocietyAxel Börsch-Supan, Ismail Düzgün and Matthias WeissDiscussion by Klaas Knot6. It is all Back to Front: Critical Issues in the Design of Defined Contribution Pension PlansDavid BlakeDiscussion by Solange Berstein7. Risk-based Supervision of Pension Funds: A Review of International Experience and Preliminary Assessment of the First OutcomesGregory Brunner, Richard Hinz and Roberto RochaDiscussion by Coen N. Teulings8. The Ideal Pension-Delivery Organization: Theory and PracticeKeith AmbachtsheerDiscussion by Ambrogio Rinaldi9. Pension Guarantees, Capital Adequacy and International Risk SharingZvi BodieDiscussion by Kees Koedijk10. Frontiers in Pension Finance and Reform: Institutional Innovation in the NetherlandsLans BovenbergDiscussion by Ross Jones11. Population Aging, Financial Markets and Monetary Policy Lucas Papademos12. Panel DiscussionsDirk Witteveen, John Ashcroft, Henrik Bjerre-Nielsen and Lans BovenbergIndex