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Book Cover
Author Borgmann, Christoph.

Title Social security, demographics, and risk / Christoph Borgmann
Published Berlin ; New York : Springer, [2005]
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Description 1 online resource (xv, 178 pages)
Series Population economics
Population economics.
Contents Introduction -- Fundamental Results on Social Security in a Deterministic Economy -- Social Security and Demographic Transition -- Old-Age Provision and Uncertainty: An Introduction to Issues of Risk and Risk Sharing -- Labor Income Risk, Demographic Risk, and the Design of (Wage-Indexed) Social Security -- Demographics and Political Risks of Benefit Rule Changes: A Case Study for Germany -- Social Security, Portfolio Choice, and Financial Markets -- Conclusion
Summary "This volume addresses the most important issues of the ongoing discussion on designing social security. It provides fundamental results for pay-as-you-go social security, covers the issues of social security during demographic transition and examines the inclusion of risk aspects into the analysis of social security. An empirical case study of Germany yields the surprising result that de facto the German public pension scheme already comprises an implicit demographic factor. This book allows a subtle understanding of how interacting risks are treated within different pension systems and thereby provides a basis for the development of innovative ways of risk sharing."--Jacket
Notes doctoral Albert-Ludwigs-Universität, Freiburg
Bibliography Includes bibliographical references (pages 165-178)
Notes Print version record
In Springer e-books
Subject Social security -- Finance.
Older people -- Economic conditions.
Genre/Form Academic theses.
Form Electronic book
ISBN 9783540266976
3540222685 (Cloth)
9783540222682 (Cloth)