Reforming Pensions: Lessons from Economic Theory and Some Policy Directions

Nicholas Barr () and Peter Diamond

Economía Journal, 2010, vol. Volume 11 Number 1, issue Fall 2010, 1-23

Abstract: Pension systems have wide-ranging and important effects. They influence the living standards of older people and hence the welfare of both older people and their children. They can also affect national economic performance through potential effects on the labor supply and saving. The design of pensions therefore matters. In discussing the topic, this paper draws on two of our earlier works. It starts by setting out some central lessons from economic theory. Then we derive some policy implications of particular relevance to Latin America.

Keywords: Social security; public pensions (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://economia.lacea.org/contents.htm

Related works:
Working Paper: Reforming pensions: lessons from economic theory and some policy directions (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:col:000425:008338

Access Statistics for this article

More articles in Economía Journal from The Latin American and Caribbean Economic Association - LACEA Contact information at EDIRC.
Bibliographic data for series maintained by LACEA ().