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Old Age Income Maintenance, Basic Problems and Alternative Responses, Murray Petrie and Peter Sturm

Label
Old Age Income Maintenance, Basic Problems and Alternative Responses, Murray Petrie and Peter Sturm
Language
eng
Abstract
The rapid increase -- over the next thirty years -- in the population share of persons above retirement age has led to a steady increase in attention paid by OECD Governments to questions concerning old age income maintenance. The attached paper looks at the proper role the Government can play in the provision of income for the elderly. The analysis starts with a discussion of the outcomes that can be expected under private contracting, in the absence of any specific Government intervention. Equity and efficiency concerns with these outcomes are identified, and the paper then examines how alternative forms of Government intervention, including comprehensive public old age pension schemes, can potentially improve on these outcomes. Explicit consideration is given to limitations on Governments' ability to achieve desired goals, as well as market distortions introduced by Government intervention ..
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Old Age Income Maintenance
Medium
electronic resource:
Nature of contents
dictionaries
Responsibility statement
Murray Petrie and Peter Sturm
Series statement
OECD Economics Department Working Papers,, no.100, 18151973
Sub title
Basic Problems and Alternative Responses
Contributor
Subject

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