TY  - JOUR
AU  - Blinder,Alan S.
TI  - Private Pensions and Public Pensions: Theory and Fact
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 902
PY  - 1982
Y2  - June 1982
UR  - http://www.nber.org/papers/w0902
L1  - http://www.nber.org/papers/w0902.pdf
N1  - Author contact info:
Alan S. Blinder
Department of Economics
Princeton University
Princeton, NJ 08544-1021
Tel: 609/258-3358
Fax: 609/258-5398
E-Mail: blinder@princeton.edu
AB  - An economic theory of public and private pensions is developed, and the implications of the theory are compared with some empirical evidence, of both the econometric and casual varieties. Among the questions addressed are: why are there private pensions? why have they grown so rapidly in recent decades? why do they have the particular features that they do? why does the government intervene by regulating the provisions of private pensions and mandating a public pension system? what are the effects of private and public pensions on savings and retirement decisions?
ER  -