Growing Old: Paying for Retirement and Institutional Money Management after the Financial Crisis

Table of Contents

Contents Preface vii 1 Introduction 1 Yasuyuki Fuchita, Richard J. Herring, and Robert E. Litan 2 Trends in Pension System Reform in East Asia: Japan, Korea, and China 11 Akiko Nomura 3 The Crisis in Local Government Pensions in the United States 47 Robert Novy-Marx and Joshua Rauh 4 Managing Risks in Defined Contribution Plans: What Does the Future Hold? 75 Olivia S. Mitchell 5 Asset Allocation by Institutional Investors after the Recent Financial Crisis 95 Robert C. Pozen, Betsy Palmer, and Natalie Shapiro Contributors 143 Index 145 ...