Essentials of Pension Economics

  • Sergio Nisticò

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Sergio Nisticò
    Pages 1-3
  3. Sergio Nisticò
    Pages 5-25
  4. Sergio Nisticò
    Pages 27-44
  5. Sergio Nisticò
    Pages 45-64
  6. Sergio Nisticò
    Pages 65-95
  7. Sergio Nisticò
    Pages 97-114
  8. Sergio Nisticò
    Pages 115-116
  9. Back Matter
    Pages 117-127

About this book


This Palgrave Pivot provides a concise overview of pension systems which, whether paid by governments or by private companies, are the sole source of income for millions of people around the world. By 2050, two billion elderly people will have to be ensured some form of income while, at the same time, the prospect facing younger generations is of a gloomy future. This book breaks down the jargon, investigates different designs and analyses these designs' effects on financial sustainability, their adequacy when it comes to level and replacement rates, and their effects on intra- and inter-generational distribution. The author provides also an overview of the historical, demographic and political issues connected with the pension debate. 

This book will be of interest to students and academics, and professionals involved in the pensions industry.


Pension systems old-age dependency ratio defined-contribution defined-benefit earnings-related pensions life-expectancy annuity divisors Notional Defined Contribution (NDC) schemes pension benefits vintage pensions pension annuity

Authors and affiliations

  • Sergio Nisticò
    • 1
  1. 1.Department of Economics and LawUniversity of Cassino and Southern LazioCassinoItaly

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2019
  • Publisher Name Palgrave Pivot, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-030-26495-6
  • Online ISBN 978-3-030-26496-3
  • Buy this book on publisher's site