TY - JOUR AU - Blinder,Alan S. TI - Private Pensions and Public Pensions: Theory and Fact JF - National Bureau of Economic Research Working Paper Series VL - No. 902 PY - 1982 Y2 - June 1982 DO - 10.3386/w0902 UR - http://www.nber.org/papers/w0902 L1 - http://www.nber.org/papers/w0902.pdf N1 - Author contact info: Alan S. Blinder Department of Economics Princeton University Princeton, NJ 08544-1021 Tel: 609/258-3358 Fax: 609/258-5398 E-Mail: blinder@princeton.edu AB - An economic theory of public and private pensions is developed, and the implications of the theory are compared with some empirical evidence, of both the econometric and casual varieties. Among the questions addressed are: why are there private pensions? why have they grown so rapidly in recent decades? why do they have the particular features that they do? why does the government intervene by regulating the provisions of private pensions and mandating a public pension system? what are the effects of private and public pensions on savings and retirement decisions? ER -