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New Policies for Mandatory Defined Contribution Pensions: Industrial Organization Models and Investment Products

Author

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  • García-Huitrón, Manuel
  • Impavido, Gregorio
  • Lasagabaster, Esperanza

Abstract

This book has three main objectives: (i) discusses the main implications for the functioning of mandatory defined contribution pensions of consumers' inability to make rational choices; (ii) describes how jurisdictions have tried to address these problems through ad hoc policy interventions; and (iii) proposes new policy directions in the areas of industrial organization models and investment products to address these concerns more effectively. Written for practitioners and researchers around the world, this book provides access to new thinking on mandatory defined contribution pension systems and it makes an important contribution to the on-going policy debate on how to best structure mandatory defined contribution pillars. This publication belongs to the Latin American Development Forum Series (LADF), sponsored by the Inter-American Development Bank, the United Nations Economic Commission for Latin America and the Caribbean, and the World Bank.

Suggested Citation

  • García-Huitrón, Manuel & Impavido, Gregorio & Lasagabaster, Esperanza, 2010. "New Policies for Mandatory Defined Contribution Pensions: Industrial Organization Models and Investment Products," IDB Publications (Books), Inter-American Development Bank, number 365, November.
    • Handle: RePEc:idb:idbbks:365
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    Cited by:

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    2. Jan Bonenkamp & Lex Meijdam & Eduard Ponds & Ed Westerhout, 2017. "Ageing-driven pension reforms," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(3), pages 953-976, July.
    3. Mantilla-Garcia, Daniel & Martellini, Lionel & Garcia-Huitrón, Manuel E. & Martinez-Carrasco, Miguel A., 2024. "Back to the funding ratio! Addressing the duration puzzle and retirement income risk of defined contribution pension plans," Journal of Banking & Finance, Elsevier, vol. 159(C).
    4. Silvia Borzutsky & Mark Hyde, 2015. "A Just Retirement Future for Chilean Workers: Social Insurance or Private Savings?," Global Development Institute Working Paper Series 21415, GDI, The University of Manchester.
    5. Garcia Huitron, Manuel & Ponds, Eduard, 2016. "Participation and Choice in Funded Pension Plans : Guidance for the Netherlands from Worldwide Diversity," Other publications TiSEM 5351a381-f866-4566-82d8-9, Tilburg University, School of Economics and Management.
    6. Helena Ribe & David A. Robalino & Ian Walker, 2010. "Achieving Effective Social Protection for All in Latin America and the Caribbean : From Right to Reality," World Bank Publications - Books, The World Bank Group, number 2479.

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