Search

The Economics of pension insurance

Portada
MAP20210028984
Ippolito, Richard A.
The Economics of pension insurance / Richard A. Ippolito . — Boston : University of Pennsylvania, 1989
270 p. ; 23 cm
Pertenece a la donación de la biblioteca particular de D. Camilo Pieschacón Velasco
Sumario: This 1989 volume examines the economic rationale for and effects of the Pension Benefit Guaranty Corporation (PBGC), the US federal agency that insures corporate or private sector defined-benefit pension plans. The author, former chief economist of the PBGC, contends that the institution was initially created as a too-generous insurance provider in that benefits were not correctly priced relative to risk and exposure. The result was a system subject to moral hazard and redistribution between firms with well-funded pensions to those with poorly-financed funds. He explores ways to convert the scheme to a privatized system
ISBN 0-256-07474-7
1. Planes de pensiones . 2. Mercado de seguros . 3. Financiación . 4. Jubilación . 5. Estados Unidos . I. University of Pennsylvania. Pension Research Council . II. Title.
FUNDACIÓN MAPFRE. Centro de Documentación
FUNDACIÓN MAPFRE. Centro de Documentación — Signature: MAP - 345 IPP ECO — Record number: 052498
Loan: AvailableAvailable