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Reforming pensions: myths, truths and policy choices

Barr, Nicholas ORCID: 0000-0002-5325-2055 (2000) Reforming pensions: myths, truths and policy choices. IMF working paper, 2000 (139). International Monetary Fund, Washington, DC.

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Identification Number: 10.5089/9781451856033.001


This paper discusses the strategic building blocks of pension reform, The early sections set out the simple economics of pensions and discuss a series of myths which have proved remarkably persistent. Subsequent sections draw together the conclusions for policy design from earlier theoretical discussion, set out the prerequisites which any pension reform must respect, and discuss the range of choices facing policymakers, The main conclusions are threefold: the key variable is effective government; from an economic perspective the difference between P A YG and funding is second order; and the range of potential choice over pension design is wide,

Item Type: Monograph (Discussion Paper)
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Additional Information: © 2000 International Monetary Fund
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
JEL classification: G - Financial Economics > G2 - Financial Institutions and Services > G23 - Pension Funds; Other Private Financial Institutions
H - Public Economics > H1 - Structure and Scope of Government > H11 - Structure, Scope, and Performance of Government
H - Public Economics > H4 - Publicly Provided Goods > H40 - General
H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions
J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly; Economics of the Handicapped
Date Deposited: 27 Apr 2007
Last Modified: 15 Sep 2023 22:48

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