@article{2009:ferber:whither_sy,
title = {Whither Systemic Reform? A Critical Review of the Literature on the Distributional and Income Adequacy Effects of Systemic Pension Reforms},
year = {2009},
note = {What is the relationship between the introduction of
defined-contribution accounts into public pension systems and changes
in elderly poverty and income inequality?*** The present study
examines the current state of knowledge with regard to these
relationships. The study is divided into four parts: 1) an overview of
data indicating that elderly poverty began to rise at least in
developed economies in recent years; 2) a discussion of a body of
conceptual and empirical studies that suggests defined-contribution
accounts will adversely impact elderly poverty and income inequality;
3) a review of confounding factors that make it difficult to project
the direction of such relationships; 4) suggestions for future
research.***	For an interesting discussion of the pros and cons of
privatizing public systems, see Pedersen (2004). We would also note
that that for some time now this subject has received a good deal of
attention in the Journal of European Policy.},
journal = {mrev management revue},
pages = {254--267},
author = {Ferber, Marianne A.. and Simpson, Patricia},
volume = {20},
number = {3}
}