Frontiers in Pension Finance »

List of Figures

List of Tables

Preface Nout Wellink Wellink, Nout

1 An Introduction to Frontiers in Pension Finance Dirk Broeders Broeders, Dirk Sylvester Eijffinger Eijffinger, Sylvester Aerdt Houben Houben, Aerdt 1

2 Are Market Values Fair? Jon Exley Exley, Jon 8

Discussion Peter Schotman Schotman, Peter

3 The Intersection of Pensions and Enterprise Risk Management Jeremy Gold Gold, Jeremy 23

Discussion Theo Nijman Nijman, Theo

4 The Victory of Hope Over Angst? Funding, Asset Allocation and Risk Taking in German Public Sector Pension Reform Raimond Maurer Maurer, Raimond Olivia Mitchell Mitchell, Olivia Ralph Rogalla Rogalla, Ralph 51

Discussion Tom Steenkamp Steenkamp, Tom Roy Hoevenaars Hoevenaars, Roy Roderick Molenaar Molenaar, Roderick

5 Labour Productivity in an Aging Society Axel Borsch-Supan Borsch-Supan, Axel Ismail Duzgun Duzgun, Ismail Matthias Weiss Weiss, Matthias 83

Discussion Klaas Knot Knot, Klaas

6 It is all Back to Front: Critical Issues in the Design of Defined Contribution Pension Plans David Blake Blake, David 99

Discussion Solange Berstein Berstein, Solange

7 Risk-based Supervision of Pension Funds: A Review of International Experience and Preliminary Assessment of the First Outcomes Gregory Brunner Brunner, Gregory Richard Hinz Hinz, Richard Roberto Rocha Rocha, Roberto 165

Discussion Coen N. Teulings Teulings, Coen N.

8 The Ideal Pension-Delivery Organization: Theory and Practice Keith Ambachtsheer Ambachtsheer, Keith 218

Discussion Ambrogio Rinaldi Rinaldi, Ambrogio

9 Pension Guarantees, Capital Adequacy and International Risk Sharing Zvi Bodie Bodie, Zvi 243

Discussion Kees Koedijk Koedijk, Kees

10 Frontiersin Pension Finance and Reform: Institutional Innovation in the Netherlands Lans Bovenberg Bovenberg, Lans 258

Discussion Ross Jones Jones, Ross

11 Population Aging, Financial Markets and Monetary Policy Lucas Papademos Papademos, Lucas 308

Index 319