Centro de Documentacion de Fundación MAPFRE - The Economics of pension insurance

Publication: Boston : University of Pennsylvania, 1989Physical description: 270 p. ; 23 cmNotes: Pertenece a la donación de la biblioteca particular de D. Camilo Pieschacón VelascoSumario: 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.Materia / lugar / evento: Planes de pensiones Mercado de seguros Financiación Jubilación Estados Unidos Otros autores: University of Pennsylvania. Pension Research Council
Other categories: 345Standard numbers: ISBN 0-256-07474-7

Rights: In Copyright (InC)

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FUNDACIÓN MAPFRE. Centro de Documentación

FUNDACIÓN MAPFRE. Centro de Documentación — Signature: MAP - 345 IPP ECO — Record number: 052498

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