Diamond, Peter A.
Most widely held works about Peter A Diamond
Most widely held works by Peter A Diamond
Saving Social security a balanced approach by Peter A Diamond ( Book )
12 editions published between 2004 and 2005 in English and held by 1,629 libraries worldwide
Issues in privatizing Social Security report of an expert panel of the National Academy of Social Insurance by National Academy of Social Insurance (U.S.) ( Book )
4 editions published in 1999 in English and held by 1,377 libraries worldwide
Social security : what role for the future ( Book )
8 editions published in 1996 in English and held by 768 libraries worldwide
Uncertainty in economics : readings and exercises ( Book )
10 editions published between 1978 and 1991 in English and Undetermined and held by 614 libraries worldwide
Behavioral economics and its applications ( Book )
7 editions published in 2007 in English and held by 528 libraries worldwide
In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics/finance. The editors argue that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated, public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics, an agenda of interest to policymakers, sociologists, and psychologists as well as economists. -- From publisher.
Growth, productivity, unemployment : essays to celebrate Bob Solow's birthday ( Book )
4 editions published in 1990 in English and held by 410 libraries worldwide
A search-equilibrium approach to the micro foundations of macroeconomics by Peter A Diamond ( Book )
4 editions published in 1984 in English and held by 375 libraries worldwide
Reforming pensions : principles and policy choices by N. A Barr ( Book )
7 editions published between 2008 and 2009 in English and held by 362 libraries worldwide
"Mandatory pensions are a worldwide phenomenon. However, with fixed contribution rates, monthly benefits, and retirement ages, pension systems are not consistent with three long-term trends: declining mortality, declining fertility, and earlier retirement. Many systems need reform. This book gives an extensive nontechnical explanation of the economics of pension design." "Alongside the economic principles of good design, policy must also take account of a country's capacity to implement the system. Thus the theoretical analysis is complemented by discussion of implementation and of experiences, both good and bad, in many countries, with particular attention to Chile and China."--Jacket.
On time : lectures on models of equilibrium by Peter A Diamond ( Book )
9 editions published between 1994 and 2009 in English and held by 359 libraries worldwide
Taxation, incomplete markets, and social security : the 2000 Munich lectures by Peter A Diamond ( Book )
8 editions published between 2003 and 2005 in English and held by 350 libraries worldwide
In this book Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses a variety of simple models to illuminate the economic forces that bear on specific social security policy issues. The focus is on the degree of progressivity desirable in social security and the design of incentives to delay retirement beyond the earliest age of eligibility for benefits. Before analyzing these models, Diamond presents introductions to optimal income tax theory and the theory of incomplete markets. He incorporates recent theoretical developments such as time-inconsistent preferences into his analyses and shows that distorting taxes and a measure of progressivity in benefits are desirable. Diamond also discusses social security reform, with a focus on Germany.
Social security reform by Peter A Diamond ( Book )
7 editions published between 2001 and 2010 in English and Undetermined and held by 342 libraries worldwide
Estimating the real rate of return on stocks over the long term papers by John Y Campbell ( Book )
1 edition published in 2001 in English and held by 200 libraries worldwide
Pension reform : a short guide by N. A Barr ( Book )
10 editions published between 2009 and 2010 in English and held by 99 libraries worldwide
This book is an abridgement of the authors' Reforming Pensions: Principles and Policy Choices, 2008. It begins with the introduction to the earlier book, includes the concluding chapters to the sections on principles and on policy choices and the concluding policy chapter to the book. It summarizes the Chile and China chapters into a section of five pages. It presents material from some of the boxes of the longer book. While the longer book remains as a detailed analysis of pension reform, this new, shorter book conveys the message and conclusions to policy makers, journalists writing for the general public, and students being introduced to social security and other pension policy. The topic being condensed and summarized here is described at length in the earlier book. It stems from rapidly changing economic conditions and dramatic increases in life expectancy. Newspaper headlines across the globe anticipate again and again a massive rupture of social security and retirement systems. With public fears on the rise, officials in many countries under pressure to solve problems quickly are turning their backs on traditional pay-as-you-go systems in favor of privately financed retirement plans. The authors demonstrate that in the age of globalization these problems are no longer simply domestic problems. Because trade borders are becoming increasingly open and digital transactions are hastily erasing national economic boundaries, countries are no longer able to act independently in setting pension policies. These problems are particularly exacerbated in China, a state where massive restructuring of state-owned enterprises and comparatively recent dynamic entry into global markets have already taxed a system whose enormous burden is to support the retirement of the world's largest national population. The authors address these issues in a survey of pension economic principles and application to China.
The economics of social security reform by Peter A Diamond ( Book )
4 editions published in 1998 in English and held by 94 libraries worldwide
Administrative costs and equilibrium charges with individual accounts by Peter A Diamond ( Book )
4 editions published in 1999 in English and held by 87 libraries worldwide
Insulation of pensions from political risk by Peter A Diamond ( Book )
7 editions published in 1994 in English and held by 83 libraries worldwide
Social security and retirement in the U.S by Peter A Diamond ( Book )
4 editions published in 1997 in English and held by 82 libraries worldwide
An assessment of the proposals of the President's Commission to Strengthen Social Security by Peter A Diamond ( Book )
7 editions published in 2002 in English and No Linguistic content and held by 77 libraries worldwide
Two of the Social Security Commission's plans restore actuarial balance without their individual accounts, primarily or entirely through benefit reductions. Both have voluntary carve-out individual accounts, with one requiring (subsidized) add-on contributions for opening accounts. "Liability accounts" track diverted payroll taxes (with interest) and are repaid by reducing traditional benefits. The diverted payroll worsens Trust Fund finances because the liability accounts carry sub-market interest rates and because of cash-flow problems. If all eligible workers (two-thirds) open accounts, general revenue transfers over 75 years are 1.2 to 1.5 (0.8 to 1.2) percent of payroll. Preserving disability benefits at their scheduled levels raises transfers to 1.5 to 1.7 (1.1 to 1.3) percent. Nevertheless, expected combined benefits are significantly reduced (and risk-adjusted benefits more so). In 75 years, account assets are 53 to 66 (35 to 44) percent of GDP, and liability accounts exceed 20 (15) percent of GDP. Keywords: Social security, individual accounts, actuarial balance. JEL Classifications: H55, E62.
Annuities and individual welfare by Thomas Davidoff ( Book )
7 editions published between 2003 and 2005 in English and No Linguistic content and held by 76 libraries worldwide
This paper advances the theory of annuity demand. First, we derive sufficient conditions under which complete annuitization is optimal, showing that this well-known result holds true in a more general setting than in Yaari (1965). Specifically, when markets are complete, sufficient conditions need not impose exponential discounting, intertemporal separability or the expected utility axioms; nor need annuities be actuarially fair, nor longevity risk be the only source of consumption uncertainty. All that is required is that consumers have no bequest motive and that annuities pay a rate of return for survivors greater than those of otherwise matching conventional assets, net of administrative costs. Second, we show that full annuitization may not be optimal when markets are incomplete. Some annuitization is optimal as long as conventional asset markets are complete. The incompleteness of markets can lead to zero annuitization but the conditions on both annuity and bond markets are stringent. Third, we extend the simulation literature that calculates the utility gains from annuitization by considering consumers whose utility depends both on present consumption and a "standard-of-living" to which they have become accustomed. The value of annuitization hinges critically on the size of the initial standard-of-living relative to wealth. Keywords: Annuities, Annuitization, Social Security, Pensions, Longevity Risk, Insurance, Standard-of-living, Habit. JEL Classification: D11, D91, E21, H55, J14, J26.
Social security investment in equities I : linear case by Peter A Diamond ( Book )
6 editions published in 1999 in English and held by 75 libraries worldwide
Board of Governors of the Federal Reserve System (U.S.) Capitalism Capital market Chile China Conference proceedings Council of Economic Advisers (U.S.) Defined contribution pension plans--Econometric models Diamond, Peter A Economic development Economics--Mathematical models Economics--Psychological aspects Equilibrium (Economics) Equilibrium (Economics)--Mathematical models Germany Industrial productivity Labor market Labor market--Mathematical models Macroeconomics--Econometric models Macroeconomics--Mathematical models Microeconomics--Mathematical models Old age pensions Old age pensions--Econometric models Pensions Pension trusts Prices--Econometric models Privatization Rate of return Retirement Retirement income Retirement income--Government policy Risk Search theory Social security Social security--Econometric models Social security--Finance Social security--Finance--Econometric models Solow, Robert M Stock price forecasting Taxation Time and economic reactions Uncertainty Unemployment Unemployment--Mathematical models United States United States.--Federal Housing Finance Board.--Office of Inspector General Wages--Mathematical models Welfare economics Welfare state Yellen, Janet L.--1946-
Diamond, P. 1940-
Diamond, P. A. 1940-
Diamond, P. (Peter A.)
Diamond, P. (Peter A.), 1940-
Diamond, Peter, 1940-
Diamond, Peter A
Diamond, Peter Arthur 1940-