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Public pension privatization

International Journal of Social Economics, 2003
Although neo‐classical economics has undoubtedly driven the global pension privatization reform agenda, it does not provide an adequate framework for the reform of retirement income protection. Indeed, it poses salient decision risks for policy‐makers because of its naturalist epistemology and agency ontology, which deny both the value of hermeneutic ...
John Dixon, Mark Hyde
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Public pension funding in practice [PDF]

open access: possibleJournal of Pension Economics and Finance, 2011
AbstractPublic pension funding has recently become a front-burner policy issue in the wake of the financial crisis and given the pending retirement of large numbers of baby boomers. This paper examines the current funding of state and local pensions using a sample of 126 plans, estimating an aggregate funded ratio in 2009 of 78% using GASB accounting ...
Alicia H. Munnell   +2 more
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Public pensions

Journal of Population Economics, 1993
"In this paper the public-choice approach to explaining the evolution of public pension schemes [in developed countries] is surveyed. Emphasis is laid on the relation between expectations on future political decisions and future demographic and economic developments, on the one hand, and current political and economic decisions, on the other hand."
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