| Comparing pension systems in the circular flow of income. | |
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MedLine Citation:
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PMID: 22165436 Owner: HMD Status: In-Process |
Abstract/OtherAbstract:
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The neoliberal consensus is that state funded pensions are not sustainable in the long term, due to declining fertility and longevity. In response, policymakers have pointed to the advantages of privately funded pension systems. This article compares the social provisioning of these two systems using the circular flow of income as an organizing framework. A series of pitfalls in the private model are examined, including inequality of provision, mis-selling of investment products, and punitive charges. |
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Authors:
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Andrew B Trigg; Jonquil T Lowe |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: American journal of economics and sociology Volume: 70 ISSN: 0002-9246 ISO Abbreviation: Am J Econ Sociol Publication Date: 2011 |
Date Detail:
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Created Date: 2011-11-21 Completed Date: - Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 14820160R Medline TA: Am J Econ Sociol Country: United States |
Other Details:
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Languages: eng Pagination: 1248-81 Citation Subset: Q |
Affiliation:
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The Open University, UK. |
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From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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