Social Security Reform

by Peter A. Diamond

Overview

Social security reform is a hot topic in many countries — one which leads to much debate (and some widespread agreement) among economists. In this book, Peter Diamond explores social security policy, social security and the labour market, and social security and the capital market from an economic point of view.

Product Details

ISBN-13:	9780199247899
Publisher:	Oxford University Press
Publication date:	12/05/2002
Series:	The Lindahl Lectures
Edition description:	New Edition
Pages:	112
Product dimensions:	8.98(w) x 5.50(h) x 0.52(d)

About the Author

Peter Diamond is Professor of Economics at the Massachusetts Institute of Technology.

Table of Contents

Introduction
1. Social Security Policy
Funding
DB and DC
Notional Defined Contribution Accounts
Organizing DC Accounts
Benefits
Concluding Remarks
2. Social Security and the Labor Market
Retirement Decisions
Labor Supplies at Younger Ages
Concluding Remarks
3. Social Security and the Capital Market
Aggregate Capital Stock
Risk-Sharing
Risk to Cohort-Wide Earnings
Risks in the Political Process
Concluding Remarks