: reflections on theory and on Europe / by James K. Galbraith -- International finance for development and the new transnational …

Intro -- Contents -- Series Foreword -- Introduction: Pension Systems in Europe and the United States: The Demographic … Challenge -- I Pay-as-You-Go Pension Systems -- 1 Optimum Delayed Retirement Credit -- 2 How Elastic Is the Response of the … Retirement-Age Labor Supply? Evidence from the 1993 French Pension Reform -- 3 Optimal Response to a Transitory Demographic Shock …

. In Pension Strategies in Europe and the United States, leading economists analyze topical issues in pension policy, with … a focus on raising the retirement age, increasing retirement savings, and the political sustainability of reforms that … systems, analyzing how benefits should vary with the age of retirement, labor supply elasticity after France's 1993 pension …