Jump to ContentJump to Main Navigation
Reforming PensionsPrinciples and Policy Choices$
Users without a subscription are not able to see the full content.

Nicholas Barr and Peter Diamond

Print publication date: 2008

Print ISBN-13: 9780195311303

Published to Oxford Scholarship Online: September 2009

DOI: 10.1093/acprof:oso/9780195311303.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 30 November 2020

Pensions and Labor Markets

Pensions and Labor Markets

(p.53) 5 Pensions and Labor Markets
Reforming Pensions

Nicholas Barr (Contributor Webpage)

Peter Diamond (Contributor Webpage)

Oxford University Press

This chapter starts with an overview of the impacts of pension systems on the labor market, in particular the important role of labor mobility, and the balance between mandatory and voluntary pensions. The next two sections examine the implications of these impacts for pension design. The chapter then discusses pension design in the accruals phase, that is, how a person builds up an entitlement to pension benefits during working life, and the chapter also considers how benefits are determined once a person starts to receive a pension. The chapter assumes a pension system in financial balance. Finally, the chapter discusses how to adjust a pension system over time in the face of any imbalance. The chapter also discusses some analytical errors.

Keywords:   indexation, labor market, labor supply, pension benefit, pension system, pensions, retirement

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .