Lessons of the financial crisis for the design of national pension systems
"The recent financial crisis and historical record suggest important lessons about the design of national pension systems. First, wide fluctuation in asset returns makes it hard for well-informed savers to select a saving rate or a sensible investment strategy for DC pensions. Workers who follo...
Main Author: | Burtless, Gary |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Munich
2009
CESifo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19187199124919053719-Lessons-of-the-financial-crisi.htm |
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