Chair: Tryggvi Thor
Herbertsson
13:00-13:05 Welcome address by His Excellency Geir H. Haarde,
Minister of Finance
13:05-14:05 View
of the Landscape, Alicia Munnell, Boston College (PPT)
14:05-15:00 The
Futere of Retirement and Early Retirement - A Sociological as well as an
Economic Question, Sarah Harper, Director of Oxford Institute of Ageing
(PDF)
15:00-15:30
Coffee break
15:30-16:30 Consumption
and Annuitisation, Jeffrey Brown, Harvard University
16:30-17:30 Tax
Policy and Retirement Behaviour, Richard Disney, University of
Nottingham and IFS (PPT)
|
|
Programme
Saturday
Chair: Tryggvi Thor
Herbertsson
09:00-09:40 The
English Longitudinal Study on Ageing, James Banks, IFS (PPT)
09:40-10:20 Are we there
yet? Using From 5500 data for private pension research, Richard Hinz,
US Department of Labor (PPT)
10:20-11:00 The
OECD pension fund statistics initative: an overview, Jean-Marc
Salou, OECD (PPT)
11:00-12:00
Discussions
|
|
|

|
Honorable Mr. Geir Haarde is Minister of
Finance in Iceland. He is the Vice Chairman of the
Independence Party since 1999. He has served as the President of
the Nordic Council.
|
|
|
Dr. James Banks is
Deputy Research Director of the Institute for Fiscal Studies and
Reader in Economics at University College London. Between 1993 and
2000 he was Director of Consumption and Saving Research at IFS,
and between 1997 and 2001 he was also Deputy Director of the
Institute. In 2000 he was also visiting professor at University of
California, Los Angeles. He is an expert in the economics of
consumer spending and saving behaviour, pensions and retirement in
the UK having written extensively in academic and policy related
formats. Some of his recent publications include articles in the
Review of Economic Studies, the Journal of Political Economy, and
the American Economic Review, and a co-authored a book presenting
an empirical analysis of UK household saving behaviour. He is a
Co-Principal Investigator of the English Longitudinal Study of
Ageing, and the Scientist in Charge of the UK node of the European
Union funded RTN Network on the Economics of Ageing in Europe.
|
|
Dr. Jeffrey R. Brown
is a Senior Economist for the President’s Council of Economic
Advisers. During 2001, he also served on the staff of the
President’s Commission to Strengthen Social Security. Prior to
government service, he was an Assistant Professor of Public Policy
at Harvard University’s Kennedy School of Government. Dr. Brown
has written extensively on annuities, life insurance and public
and private pensions. He is co-author of the book The Role of
Annuities in Financing Retirement (MIT Press) and is a
founding co-editor of the Journal of Pension Economics and
Finance (Cambridge University Press). In June 2002, Dr. Brown
will join the faculty of the Department of Finance at the
University of Illinois at Urbana-Champaign. He is also a Faculty
Research Fellow of the National Bureau of Economic Research.
|
|
Dr. Richard Disney
is a Professor in the School of Economics at the University of
Nottingham having previously been Professor of Economics at Queen
Mary & Westfield College, University of London (1995-98) and
Professor of Economics at the University of Kent at Canterbury
(1988-95). He is also a Research Fellow of the Institute for
Fiscal Studies. He has been a consultant for the World Bank, the
ILO, the OECD and a number of UK government departments. His
research interests lie largely in fields in applied
microeconomics, including tax policy, social welfare reform and
pensions policy, and in the economics of labour markets. He is
Director of the Experian Centre for Economic Modelling (ExCEM). He
is also a member of the Council of the Royal Economic Society, of
the Scientific Board of the Centre for Research on Pensions and
Welfare Policies in Turin (CeRP) and a Governor of the Pensions
Policy Institute.
|
|
|
|
|
|
Dr. Sarah Harper
is the Director of the Oxford Institute of Ageing, a research
institute for the understanding of the demographic, economic and
social implications of ageing populations. Her own research
focuses on the social implications of demographic ageing, with
particular emphases on intergenerational relationships and the
family, and the context and implications of retirement. Dr
Harper's latest books are Families in Ageing Societies, an
international research volume published by OUP (2002) and Ageing
Societies, Edward Arnold, 2002.
|
|
Dr. Tryggvi Thor
Herbertsson is the Director of the Institute of Economic
Studies and an associate professor at the Department of Economics,
University of Iceland. He is also a member of the research
committee of the International Network of Pension Regulators and
Supervisors (INPRS), an OECD-administered organization. His main
research fields are pensions and social security, macroeconomic
policy, and economic growth. Dr. Herbertsson has published
extensively in academic journals and books. Herbertsson has been a
consultant to private companies, institutions, international
organisations as well as number of governments around the world.
|
|
Dr. Richard Hinz
is the Director of the Office of Policy and Research of the
Pension and Welfare Benefits Administration (PWBA) of the U.S.
Department of Labor. He manages a program of policy and
legislative analysis on issues related to the development,
regulation and supervision of the private employee benefits system
in the United States. His organization supports the Department of
Labor’s policy and legislative initiatives on pension and health
care issues, publishes statistics on employer sponsored benefits,
conducts economic analysis of proposed regulatory actions and
provides economic research on a range of private employee benefits
issues. He also coordinates the Department of Labors programs to
provide technical assistance to countries seeking to develop
private pension systems and supervisory institutions and provides
support for the efforts of the World Bank and other international
organizations in this area. He is the Chair of the Working Party
on Private Pensions at the OECD and of the Technical Committee of
the International Network of Pension Regulators and Supervisors
(INPRS).
|
|
Dr. Alicia Munnell
is the Peter F. Drucker Professor of Management Sciences at Boston
College's Carroll School of Management. She also serves as the
Director of the Center for Retirement Research at Boston College.
Prior to joining Boston College in 1997, Dr. Munnell was a Member
of the President's Council of Economic Advisors (1995-97) and
Assistant Secretary of the Treasury for Economic Policy (1993-95).
Prior to these positions, she spent most of her professional
career at the Federal Reserve Bank of Boston. Dr. Munnell joined
the staff of the Boston Fed's Research Department as an economist
in 1973 and became Senior Vice President of Research in 1984. Dr.
Munnell was also a co-founder and the first President of the
National Academy of Social Insurance.
|
|
Dr. J. Michael Orzag
is Head of Research for Watson Wyatt Partners. He is responsible
both for developing the firm’s internal research and for
developing its external links with academic and international
organizations. His main research interests are in the fields of
employee benefits, insurance and pensions. Dr. Orszag is chairman
of the research committee of the International Network of Pension
Regulators and Supervisors (INPRS), an OECD-administered
organization, which has member organisations in 65 countries. He
is also a founding editor of the Journal of Pension Economics
and Finance published by Cambridge University Press. Dr.
Orszag is also visiting professor of actuarial science at City
University, London and a visiting fellow of the Oxford Institute
of Ageing.
|
|
Dr. Jean-Marc Salou
is a statistical project leader in the field of pension within the
OECD, Directorate for Financial, Fiscal and Enterprise Affairs
(DAFFE). He has been working in the OECD for 5 years in various
areas such as Foreign Direct Investment, Debt Management and
Trade. Prior to joining the OECD, he was a consultant to
Multinational companies specialised in market research.
|
|