Table of Contents

Introduction1. The Agenda, Gordon L. Clark, Alicia H. Munnell, J. Michael Orszag2. Pension and Retirement Income in a Global Environment, Gordon L. Clark, Alicia H. Munnell, J. Michael OrszagI Retirement in ContextCreating Modern Retirement3. The History of Retirement, Pat Thane4. The Development of Public Pensions from 1889 to the 1990s, Camila Arza and Paul Johnson5. The Development of Employer Retirement Income Plans: from the Nineteenth Century to 1980, Steven Sass6. Changing Work Patters and the Reorganization of Occupational Pensions, Ewald Engelen7. Gender, the Family, and the Economy, Vickie L. Bajtelsmit8. Social Solidarity, Bart van Riel, Johan De Deken, and Eduard PondsThe Economic Context9. Demography and Ageing, Naohiro Ogawa and Noriyuki Takayama10. Life-cycle Options and Preferences, Florence Legros11. Funding, Saving and Economic Growth, Philip Davis and Yu-Wei HuII Public Retirement PlansState Old-Age Pension Programs12. Structure and Performance of Defined Benefit Schemes, Warren McGillivray13. The Structure and Performance of Mandated Pensions, Adam Creighton and John Piggott14. Actuarial-based Public Pension Systems, Richard DisneyEntitlements and Pensions15. Citizenship, Entitlement, and Mobility, Robin Ellison16. Early Retirement, David Wise17. Meeting Health and Long-term Care Needs in Retirement, Marilyn MoonIII Employment-Sponsored Retirement PlansStructure of Employer-Sponsored Pensions18. Employer-Sponsored Plans: The Shift from Defined Benefit to Defined Contribution, Alicia H. Munnell19. Organized Labor and Pensions, Teresa Ghilarducci20. Corporate Finance and Capital Markets, Michael OrszagPension Plan Investments21. Asset Liability Management, Rob Bauer, Roy Hoevenaars and Tom Steenkamp22. Strategic Asset Allocation for Pension Plans, 1. John Y. Campbell and Luis M. Viceira23. Pension Fund Management and Investment Performance, Ian TonksPension Plan Governance24. Regulation of pension fund governance, Gordon L. Clark25. Regulatory Principles and Institutions, André Laboul and Juan Yermo26. Accounting Standards for Pension Costs, Geoffrey WhittingtonIV Individual and Household Retirement ProvisionIndividual Pnesions, Insurance, and Saving27. Occupational pension scheme design, David McCarthy28. Annuities, Risk, and Longevity, James Poterba29. Personal Pensions and Markets, Tryggvi Thor HerbertssonIndividual and Household Retirement Planning30. Choice, Behavior, and Retirement Saving, Steven F. Venti31. Housing Wealth and Retirement Savings, Bill Apgar and Zhu Xiao Di32. The Elderly and Ethical Financial Decision-Making, Julian Savulescu and Tony HopeV Looking AheadProspective Models33. Structure Pension Reform - privatisation - in Latin America, Carmela Mesa-Lago34. Private Pensions and Public Policy: the Public-Private Divide Reappraised, Noel Whiteside35. Unending Work, Annika SundénChallenges36. Productivity, Compensation, and Retirement, David Neumark37. Poverty and Inequality, Gary Burtless38. The Politics of Reform: Managing Interest Group Conflicts, Bernhard EbbinghausEmerging Economies39. Pensions for Development and Poverty Reduction, Armando Barrientos40. Retirement Income Systems in Asia, Hanam S. Phang41. Pensions in Africa, Anthony AsherCoda42. Sustainable and Equitable Retirement in a Life Course Perspective, Gøsta Esping-Andersen and John Myles