The Economics of Pensions

Posted: 29 Feb 2008

See all articles by Nicholas Barr

Nicholas Barr

London School of Economics

Peter A. Diamond

Massachusetts Institute of Technology (MIT) - Department of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute)

Abstract

This paper sets out the economic analytics of pensions. After introductory discussion, successive sections consider the effects of different pension arrangements on labour markets, on national savings and growth, and on the distribution of burdens and benefits. These areas are controversial and politically highly salient. While we are open about expressing our own views, the main purpose of the paper is to set out the analytical process by which we reach them, to enable readers to form their own conclusions.

Suggested Citation

Barr, Nicholas and Diamond, Peter A., The Economics of Pensions. Oxford Review of Economic Policy, Vol. 22, No. 1, pp. 15-39, 2006, Available at SSRN: https://ssrn.com/abstract=906423

Nicholas Barr (Contact Author)

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Peter A. Diamond

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