Reforming pensions principles and policy choices nicholas barr peter diamond on amazoncom free shipping on qualifying offers mandatory pensions are a worldwide phenomenon however with fixed contribution rates monthly benefits. Barr and diamonds analysis includes labor markets capital markets risk sharing and gender and family with comparison of payg and funded systems recognizing that the suitable level of funding differs by country alongside the economic principles of good design policy must also take account of a countrys capacity to implement the system . Reforming pensions principles analytical errors and policy directions nicholas barr and peter diamond revised december 2008 forthcoming international social security review vol 62 no 2 2009. Reforming pensions principles analytical errors and policy directions nicholas barr and peter diamond london school of economics united kingdom mit department of economics united states of america abstract this article sets out a series of principles for pension design rooted in economic theory pension systems have multiple objectives analysis should consider the pension system as a . Barr nicholas and diamond peter a reforming pensions november 28 2008 mit department of economics working paper no 08 22 available at ssrn mit department of economics working paper no 08 22
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