Forschungsbericht | Research report

Pension fund capitalism and financial crisis

"Basic public pension schemes and cut backs in earnings-related public pensions led to an increasing role of supplementary pensions such as pension funds for old-age incomes. In addition to demographic changes that challenge public pensions, private pensions face financial market risks. To what extent are the scope of pension fund capitalism and the impact of financial crises on pension funds related to different institutional arrangements? Given that different production regimes reflect different pension systems, we expect systematic diversities with regard to the public-private pension mix and the specific design of supplementary pensions. These varieties should be mirrored in different forms of vulnerability of pension funds to financial market crises. We hypothesize a higher scope of pension fund capitalism and vulnerability to financial market crises in countries with predominant market-based coordination mechanisms and short term strategies on financial markets (i.e. Liberal Market Economies)." [author's abstract]

Pension fund capitalism and financial crisis

Urheber*in: Wiß, Tobias

Free access - no reuse

0
/
0

Extent
Seite(n): 36
Language
Englisch
Notes
Status: Veröffentlichungsversion

Bibliographic citation
Reihe Politikwissenschaft / Institut für Höhere Studien, Abt. Politikwissenschaft (126)

Subject
Wirtschaft
Sozialwissenschaften, Soziologie
soziale Sicherung
Volkswirtschaftstheorie
Rentenfond
Altersvorsorge
Marktwirtschaft
Rentenversicherung
OECD-Staat
Finanzkrise
Finanzmarkt
private Vorsorge
Zusatzversicherung
Sozialpolitik

Event
Geistige Schöpfung
(who)
Wiß, Tobias
Event
Veröffentlichung
(who)
Institut für Höhere Studien (IHS), Wien
(where)
Österreich, Wien
(when)
2011

URN
urn:nbn:de:0168-ssoar-281472
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:27 PM CEST

Data provider

This object is provided by:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.

Object type

  • Forschungsbericht

Associated

  • Wiß, Tobias
  • Institut für Höhere Studien (IHS), Wien

Time of origin

  • 2011

Other Objects (12)