000434525 000__ 03995cam\a2200433\a\4500 000434525 001__ 434525 000434525 005__ 20211105163001.0 000434525 006__ m\\\\\o\\d\\\\\\\\ 000434525 007__ cr\cn\nnnunnun 000434525 008__ 120223s2011\\\\miu\\\\\ob\\\\001\0\eng\d 000434525 010__ $$z2011041271 000434525 020__ $$a9780880993906$$q(electronic book) 000434525 020__ $$z9780880993791 000434525 020__ $$z0880993790 000434525 020__ $$z9780880993807 000434525 020__ $$z0880993804 000434525 035__ $$a(OCoLC)ocn774110541 000434525 035__ $$a(CaPaEBR)ebr10520626 000434525 035__ $$a(MiAaPQ)EBC3417268 000434525 040__ $$aCaPaEBR$$cCaPaEBR 000434525 043__ $$an-us--- 000434525 05014 $$aHD7125$$b.W57 2011eb 000434525 08204 $$a331.25/220973$$223 000434525 1001_ $$aWolff, Edward N. 000434525 24514 $$aThe transformation of the American pension system$$h[electronic resource] :$$bwas it beneficial for workers? /$$cEdward N. Wolff. 000434525 260__ $$aKalamazoo, Mich. :$$bW.E. Upjohn Institute for Employment Research,$$c2011. 000434525 300__ $$a1 online resource (xv, 333 p.) :$$bill. 000434525 500__ $$aDescription based on print version record. 000434525 504__ $$aIncludes bibliographical references and index. 000434525 5050_ $$a1. Introduction : A précis of the book ; Chapter outline -- 2. Recent trends in household wealth, 1983-2009: robust growth followed by collapse : Data sources and methods ; Median wealth rose briskly during the 2000s ; Wealth inequality shows a little change over the early and mid-2000s ; Household portfolios show a pronounced shift into DC pension accounts -- Portfolio composition by wealth class ; The racial divide remains largely unchanged over time ; Wealth shifts from the young to the old ; Stock ownership first rises and then falls ; An update to 2009 ; A wealth inequality puzzle ; Summary and concluding comments -- 3. Review of the literature on retirement wealth and retirement adequacy : Did pension coverage rise? ; Did pension and retirement wealth increase? ; Do pensions reduce other forms of savings? ; Has retirement adequacy improved over time? ; Are there also improvements in the economic status of the elderly? ; What were the effects of the 2007-2009 recession on pension wealth? -- 4. The slowdown in pension wealth growth in the 2000s : Accounting framework ; Pension coverage on the employee level ; Trends in private accumulations ; DC employer contributions (DCEMP) to defined contribution pension plans ; Summary of findings -- 5. Stagnation of retirement wealth in the 2000s : Social security and total retirement wealth ; Augmented wealth ; Alternative pension wealth calculations ; Update to 2009 ; Summary and conclusions -- 6. Differences in retirement wealth by demographic and household characteristics : Trends and composition of retirement and augmented wealth ; Disparities in retirement wealth by demographic group ; Summary and concluding remarks -- 7. Retirement prospects : Measuring retirement income adequacy ; Expected retirement income ; The expected poverty rate at retirement ; Replacement rates -- 8. Conclusions and policy recommendations : Summary of principal findings ; Policy recommendations -- Appendixes : A. Sources and methods used for the survey of consumer finances data ; B. Estimation of pension and social security wealth ; C. Augmented wealth including employer contributions to DC plans and net of taxes ; D. Extended results on retirement adequacy. 000434525 506__ $$aAccess limited to authorized users. 000434525 650_0 $$aPensions$$zUnited States. 000434525 650_0 $$aOld age pensions$$zUnited States. 000434525 650_0 $$aSocial security$$zUnited States. 000434525 650_0 $$aRetirement income$$zUnited States. 000434525 77608 $$iPrint version:$$aWolff, Edward N.$$tTransformation of the American pension system.$$dKalamazoo, Mich. : W.E. Upjohn Institute for Employment Research, 2011$$z9780880993791$$z9780880993807$$w(DLC) 2011041271$$w(OCoLC)701809897 000434525 8520_ $$bacq 000434525 85280 $$bebk$$hProQuest Ebook Central 000434525 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=3417268$$zOnline Access 000434525 909CO $$ooai:library.usi.edu:434525$$pGLOBAL_SET 000434525 980__ $$aEBOOK 000434525 980__ $$aBIB 000434525 982__ $$aEbook 000434525 983__ $$aOnline