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The Political Economy of Public Pensions. 公的年金の政治経済
・ISBN 978-1-009-01162-4 paper GB£ 18.00
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電子版あり 大学・学術機関向け電子ブック（eBook）ISBN 978-1-009-01996-5
| 著者・編者 | Norcross, Eileen / Smith, Daniel J., |
|---|---|
| シリーズ | Elements in Austrian Economics |
| 出版社 | (Cambridge U. Pr., UK) |
| 出版年月 | 2021.08 |
| ページ数 | 75 pp. |
| 言語 | ENG |
| ニュース番号 | ＜663-310 663-L536＞ |
解説
Public pensions in the United States face an impending funding crisis in the wake of the financial crisis and the COVID-19 recession. Many cities and states will struggle to meet these growing obligations without major cuts in government services, reneging on pension promises, or raising taxes. This Element examines the development of the pension crisis through the lens of political economy. We analyze the knowledge and incentive problems inherent in the institutional structure, governance, and accounting of public pensions. We conclude by offering several institutional, governance, and reporting reforms to address the pension funding crisis.