Franco Modigliani, Institute Professor Emeritus and Senior Lecturer in Economics, Finance, and Accounting at MIT, received the Nobel Memorial Prize in Economic Science in 1985 for his pioneering work in analyzing the functioning of financial markets and the behavior of household savers. Much of his writing since that time has been devoted to issues relating to social security, capital markets, money supply, the Euro, and unemployment. He is the author, editor or coeditor of numerous books, including The Debate over Stabilization Policy (Cambridge, 1986) and the autobiographical Adventures of an Economist. Professor Modigliani's professional papers were collected in five volumes and published between 1980 and 1989.
Inhaltsangabe
1. A primer on pension reform issues 2. A taxonomy of pension reform issues 3. Evaluation of pension reforms 4. Welfare costs defined contribution schemes 5. The transition from PAYGO to funding with a common portfolio: application to the United States 6. Social security reform in Spain 7. The 'two pension fund' theorem 8. The case for mixed systems and variable contributions: improving the performance of pension systems.
1. A primer on pension reform issues 2. A taxonomy of pension reform issues 3. Evaluation of pension reforms 4. Welfare costs defined contribution schemes 5. The transition from PAYGO to funding with a common portfolio: application to the United States 6. Social security reform in Spain 7. The 'two pension fund' theorem 8. The case for mixed systems and variable contributions: improving the performance of pension systems.
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