The Management of Public Pensions

2006 ◽  
pp. 451-490
Keyword(s):  
Public Pensions

scholarly journals Do Public Pensions Improve Mental Wellbeing? Evidence from the New Rural Society Pension Insurance Program

2021 ◽  
Vol 18 (5) ◽  
pp. 2391
Author(s):  
Fang Wang ◽  
Haitao Zheng
Keyword(s):  
Mental Health ◽  
Rural Society ◽  
Rural Elderly ◽  
Public Pensions ◽  
Mental Wellbeing ◽  
Elderly Persons ◽  
Pension Insurance ◽  
Beneficial Effects ◽  
Pension Income ◽  
The Impact

The causal effect of public pensions on the mental wellbeing of the elderly in lower and middle-income countries deserves further investigation. This paper first constructed a theoretical framework for the impact of New Rural Society Pension Insurance pensions in China on the mental wellbeing of the rural elderly, and described potential channels through which pension income may affect mental wellbeing. We then used the fixed effect model and the instrument variable approach to estimate the casual effects of pension income on the mental wellbeing of the rural elderly. The results reveal that pension income improves mental wellbeing by relieving depression of the rural elderly; however, the beneficial effects of pension income are very limited. Pension income has no beneficial effects on the mental health of the rural elderly in the east region, whereas it slightly relieves depression of those in the middle and west regions. We also found that pension income produces small improvements in the mental health of older females, elderly persons living independently, and those with relatively poor economic conditions.

What Ails Public Pensions?

2007 ◽  
Vol 63 (6) ◽  
pp. 38-43 ◽  
Author(s):  
Richard M. Ennis
Keyword(s):  
Public Pensions

scholarly journals The Displacement Effect of Public Pensions on the Accumulation of Financial Assets*

2012 ◽  
Vol 33 (1) ◽  
pp. 107-128 ◽  
Author(s):  
Michael Hurd ◽  
Pierre-Carl Michaud ◽  
Susann Rohwedder
Keyword(s):  
Public Pensions ◽  
Financial Assets ◽  
Displacement Effect

scholarly journals Interest Groups on the Inside: The Governance of Public Pension Funds

2019 ◽  
Vol 17 (4) ◽  
pp. 1059-1078 ◽  
Author(s):  
Sarah F. Anzia ◽  
Terry M. Moe
Keyword(s):  
Interest Groups ◽  
American Politics ◽  
Public Pensions ◽  
Governance Structures ◽  
State Governments ◽  
Public Employees ◽  
Group Influence ◽  
Policy Effects ◽  
Public Workers ◽  
Financial Consequence

New scholarship in American politics argues that interest groups should be brought back to the center of the field. We attempt to further that agenda by exploring an aspect of group influence that has been little studied: the role interest groups play on the inside of government as official participants in bureaucratic decision-making. The challenges for research are formidable, but a fuller understanding of group influence in American politics requires that they be taken on. Here we carry out an exploratory analysis that focuses on the bureaucratic boards that govern public pensions. These are governance structures of enormous financial consequence for state governments, public workers, and taxpayers. They also make decisions that are quantitative (and comparable) in nature, and they usually grant official policymaking authority to a key interest group: public employees and their unions. Our analysis suggests that these “interest groups on the inside” do have influence—in ways that weaken effective government. Going forward, scholars should devote greater attention to how insider roles vary across agencies and groups, how groups exercise influence in these ways, how different governance structures shape their policy effects, and what it all means for our understanding of interest groups in American politics.

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