Comments on Cesaratto's 'Transition to Fully Funded Pension Schemes

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Comments on Cesaratto's 'Transition to Fully Funded Pension Schemes by : Thomas R. Michl

Download or read book Comments on Cesaratto's 'Transition to Fully Funded Pension Schemes written by Thomas R. Michl and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Cesaratto's critique of the neoclassical approach to pension reform is valuable, but he has overextended his argument in applying it to proposals to use pre-funding as a mechanism for achieving greater public ownership and for redistributing wealth progressively. The fiscal surpluses needed to pre-fund the public pension system could increase investment, provided that they are offset by an appropriately stimulating monetary policy. The post-Keynesian investment literature descending from Kalecki's principle of increasing risk motivates on non-neoclassical grounds the interest sensitivity of investment required to make this policy mix effective.

Economic Policies of the New Thinking in Economics

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Publisher : Routledge
ISBN 13 : 1317850491
Total Pages : 161 pages
Book Rating : 4.3/5 (178 download)

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Book Synopsis Economic Policies of the New Thinking in Economics by : Philip Arestis

Download or read book Economic Policies of the New Thinking in Economics written by Philip Arestis and published by Routledge. This book was released on 2014-10-20 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis and the ‘great recession’ have generated the need for new thinking in economics and for new economic policies to secure sustainable and equitable economic development. The new thinking in economics is an interdisciplinary approach to economic problems that acknowledges and respects insights and analyses from other disciplines, and recognizes complexity and evolutionary theory as relevant for understanding economic systems and economic behaviour. New Economics is concerned with institutional behaviour, expectations and uncertainty as opposed to traditional economics with its emphasis on equilibrium, mathematical formalism and deterministic solutions. With the financial crisis brought on by the unrestrained pursuit of personal and corporate profit, sanctioned by traditional economics, this is an opportune moment to establish a new way of approaching economic understanding based on new economic theory. It is also a good time to instigate new ideas on the approach to economic policy across a wide range of areas, such as macroeconomic and global governance, employment and unemployment, social security and pensions. This book is devoted to developing economic policies from the new thinking. It was originally published as a special issue of the International Review of Applied Economics.

Sraffa and Modern Economics Volume II

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Publisher : Routledge
ISBN 13 : 1136715401
Total Pages : 430 pages
Book Rating : 4.1/5 (367 download)

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Book Synopsis Sraffa and Modern Economics Volume II by : Roberto Ciccone

Download or read book Sraffa and Modern Economics Volume II written by Roberto Ciccone and published by Routledge. This book was released on 2012-03-29 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing Sraffa, one of the key figures in the history of economics, this book explores his legacy and the relevance of his thought for modern economics. Written by an array of internationally respected contributors, including Schefold, Aspromourgos, Nell and Kurz it is an invaluable tool for all those studying the history of economic thought.

The Future of the Welfare State

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Publisher : Routledge
ISBN 13 : 1317031032
Total Pages : 176 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis The Future of the Welfare State by : Bent Greve

Download or read book The Future of the Welfare State written by Bent Greve and published by Routledge. This book was released on 2016-03-16 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: A common belief is that the European welfare states are in a position of crisis or heading towards one with the process of globalization removing any hopes of eventual worldwide welfare. This book challenges this assumption arguing that a proper understanding of the future role of the welfare state requires a broader social perspective that encompasses the interaction of economic, political and social processes. The Future of the Welfare State provides an interdisciplinary analysis of the practical and theoretical challenges which the welfare state (and progress towards world welfare) can and must meet in the future.

Pension Fund Capitalism

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Publisher : Routledge
ISBN 13 : 1000568539
Total Pages : 122 pages
Book Rating : 4.0/5 (5 download)

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Book Synopsis Pension Fund Capitalism by : Leokadia Oręziak

Download or read book Pension Fund Capitalism written by Leokadia Oręziak and published by Routledge. This book was released on 2022-04-10 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the origins and consequences of so-called pension fund capitalism, which has spread around the world since 1981, when the pension system was completely privatized in Chile. The author highlights the driving forces behind the privatization of pensions, its forms and tools used in practice, and the risks and costs related to private pensions. The reader can also learn about the experiences of various developed countries (including the USA, Canada, Australia, and Germany), as well as Latin American (including Chile) and Eastern European countries, related to the privatization of pensions. Particular attention is paid to Poland as an example of a country where such privatization failed completely. This book provides a source of serious reflection on what this privatization has led to, what its real economic and social consequences are and what the likelihood is of reversing it and strengthening the public pension system. Academic researchers and students of economics and finance, as well as social and political sciences, will find the book invaluable in understanding the problems arising from the privatization of pensions. It will also be of interest to professionals: institutions that shape or influence economic and social policy, including political parties, trade unions, non-governmental organizations, the media, and institutions operating on the financial market.

Capitalists, Workers, and Fiscal Policy

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Publisher : Harvard University Press
ISBN 13 : 9780674031678
Total Pages : 326 pages
Book Rating : 4.0/5 (316 download)

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Book Synopsis Capitalists, Workers, and Fiscal Policy by : Thomas R. Michl

Download or read book Capitalists, Workers, and Fiscal Policy written by Thomas R. Michl and published by Harvard University Press. This book was released on 2009 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Economic Growth and Distribution

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008218
Total Pages : 458 pages
Book Rating : 4.0/5 (82 download)

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Book Synopsis Economic Growth and Distribution by : Neri Salvadori

Download or read book Economic Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.

Economic Challenges of Pension Systems

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Publisher : Springer Nature
ISBN 13 : 3030379124
Total Pages : 487 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Economic Challenges of Pension Systems by : Marta Peris-Ortiz

Download or read book Economic Challenges of Pension Systems written by Marta Peris-Ortiz and published by Springer Nature. This book was released on 2020-03-20 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.

Sraffa or an Alternative Economics

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Publisher : Springer
ISBN 13 : 0230375332
Total Pages : 303 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Sraffa or an Alternative Economics by : G. Chiodi

Download or read book Sraffa or an Alternative Economics written by G. Chiodi and published by Springer. This book was released on 2007-12-14 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to show how Sraffa's theoretical contributions could be pursued in new directions, in effect providing an alternative paradigm to the postclassical economic theory and challenging the persistent dominance of a widespread economic culture based on that theory.

Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy

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Publisher : IGI Global
ISBN 13 : 1799851176
Total Pages : 696 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy by : Baporikar, Neeta

Download or read book Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy written by Baporikar, Neeta and published by IGI Global. This book was released on 2020-06-26 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the need for sustainability, a focus on developing an economic system that aims at minimizing waste, commonly referred to as the circular economy, is emerging. Circular economy and studies related to it have gained worldwide attention, as it seems to be an effective alternative economic system. Naturally, the circular economy will impact enterprises and will shift how entrepreneurship development and entrepreneurial opportunities are perceived, developed, and resourced. The Handbook of Research on Entrepreneurship Development and Opportunities in Circular Economy is a collection of pioneering research that advances the understanding of entrepreneurship development, identifies the opportunities, and manages the entrepreneurship development, policies, and programs in order to further a circular economy. In addition to entrepreneurship development and entrepreneurial opportunities, the book will cover and discuss a number of other factors necessary for a successful transformation, such as entrepreneurship and innovation, entrepreneurship and change, and entrepreneurship education. While highlighting topics including consumer consumption, knowledge management, and linear economics, this book is ideally designed for entrepreneurs, small business owners, managers, consultants, organization development specialists, policymakers, researchers, industry experts, academicians, and students.

Wages, Employment, Distribution and Growth

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Publisher : Springer
ISBN 13 : 0230371787
Total Pages : 286 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Wages, Employment, Distribution and Growth by : E. Hein

Download or read book Wages, Employment, Distribution and Growth written by E. Hein and published by Springer. This book was released on 2006-02-07 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system. Macroeconomic policies and investment in capital stock are included in the analysis and are shown to have a major role to play.

Pension Reform in Europe

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Publisher : Routledge
ISBN 13 : 1134134371
Total Pages : 238 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Pension Reform in Europe by : Camila Arza

Download or read book Pension Reform in Europe written by Camila Arza and published by Routledge. This book was released on 2007-08-07 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction : the political economy of pension reform / by Camila Arza and Martin Kohli -- The "new politics" of pension reforms in Continental Europe / by David Natali and Martin Rhodes -- Between conflict and consensus : The reform of Bismarckian pension regimes / by Martin Schludi -- How do politicians get away with path-breaking pension reforms? : the political psychology of pension reform in democracies / by Einar Overbye -- The politics and outcomes of three-pillar pension reforms in Central and Eastern Europe / by Katharina Muller -- Changing European welfare : A new distribution pattern of pension policy? / by Camila Arza -- The interdependence of the system of solidarity and the system of equivalence / by Martin Rein and Karen Anderson -- The Anglo-American pension regime : failures of the divided welfare state / by Robin Blackburn -- The gender pension gap : effects of norms and reform policies / by Patricia Frericks and Robert Maier -- Generational equity : concepts and attitudes / by Martin Kohli.

Pension Reform in Europe

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Publisher : Routledge
ISBN 13 : 1134134363
Total Pages : 290 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Pension Reform in Europe by : Camila Arza

Download or read book Pension Reform in Europe written by Camila Arza and published by Routledge. This book was released on 2007-08-07 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book provides a cross-country comparative analysis of the key issues shaping the latest pension reforms in Europe: political games, welfare models and pathways, population reactions, and observed and expected outcomes. Pension reform has been a top policy priority for European governments in the last decade. Ageing populations, changing labour market patterns and the process of European integration are the ‘irresistible forces’ pushing for reform throughout the region. The Political Economy of Pension Reform evaluates the political forces that make pension reform viable in different national and institutional contexts and the nature of political bargains, actors and cleavages surrounding policy change. The volume also examines the nature and outcomes of pension reform experiences in Europe, searching for a solution to the financial challenge posed by growing pension budgets. By addressing the nature of change, the pathways of reform, and the outcomes of the new pension mix in the region, the authors conclude with an analysis of people’s perceptions and attitudes towards pension policy and their acceptance or otherwise of different reform options. This book will be of interest to students and scholars of international political economy, European politics, and social policy.

Production, Distribution and Trade

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Publisher : Routledge
ISBN 13 : 1136948473
Total Pages : 401 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis Production, Distribution and Trade by : Adriano Birolo

Download or read book Production, Distribution and Trade written by Adriano Birolo and published by Routledge. This book was released on 2010-06-30 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production, Distribution and Trade brings together leading voices in classical and post-Keynesian economics to discuss key issues such as growth, globalization and financial markets in the history of economic thought.

Challenge Magazine

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Publisher :
ISBN 13 :
Total Pages : 774 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Challenge Magazine by :

Download or read book Challenge Magazine written by and published by . This book was released on 2008 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Heterodox Challenges in Economics

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Publisher : Springer
ISBN 13 : 9783030544478
Total Pages : 277 pages
Book Rating : 4.5/5 (444 download)

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Book Synopsis Heterodox Challenges in Economics by : Sergio Cesaratto

Download or read book Heterodox Challenges in Economics written by Sergio Cesaratto and published by Springer. This book was released on 2020-11-13 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discloses the economic foundations of European fiscal and monetary policies by introducing readers to an array of alternative approaches in economics. It presents various heterodox theories put forward by classical economists, Marx, Sraffa and Keynes, as a coherent challenge to neo-classical theory. The book underscores and critically assesses the analytical inconsistencies of European economic policy and the conservative nature of the current European governance. In this light, it examines the political obstacles to proposals to reform the European monetary union, as well as those originating in the neo-mercantilist German model. Given its scope and format, the book offers a valuable asset for researchers and members of the general public alike.

Pension Reform and Economic Theory

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781007454
Total Pages : 378 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Pension Reform and Economic Theory by : Sergio Cesaratto

Download or read book Pension Reform and Economic Theory written by Sergio Cesaratto and published by Edward Elgar Publishing. This book was released on 2014-05-14 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Academics and practitioners interested in the pension debate, welfare state, income distribution and institutions will find Pension Reform and Economic Theory of great interest, as will demographers, political scientists and mainstream economists open to dissenting views in economic analysis and interested in understanding the economic foundations of pension reform proposals."--BOOK JACKET.