The political economy of public pensions
著者
書誌事項
The political economy of public pensions
(Cambridge elements, . Elements in Austrian economics)
Cambridge University Press, 2021
- : pbk
大学図書館所蔵 件 / 全3件
注記
Includes bibliographical references (p. [58]-76)
内容説明・目次
内容説明
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.
目次
- 1. Introduction
- 2. Fiscal Illusion
- 3. Governance
- 4. Pension Accounting and Reporting
- 5. Restoring Fiscal Accountability
- 6. Conclusion.
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