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Journal of Economic Literature - Book Review

JEL Volume. 50, Issue 3 | leftPrevious Review Next Review right

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Book(s) Reviewed

The Transformation of the American Pension System: Was It Beneficial for Workers? by Edward N. Wolff

Published By: Kalamazoo, Mich.: W. E. Upjohn Institute for Employment Research
ISBN: 978-0-88099-380-7, cloth; 978-0-88099-379-1, pbk.
Date of Publication: 2011


Book Review Detail

Reviewed by: John A. Turner of Pension Policy Center
Review DOI: 10.1257/jel.50.3.791.r7
Review Pages: 806-07

Book Review Abstract

John A. Turner of Pension Policy Center reviews "The Transformation of the American Pension System: Was It Beneficial for Workers?" by Edward N. Wolff. The EconLit abstract of the reviewed work begins: Explores changes in the U.S. pension system between 1983 and 2009. Discusses recent trends in household wealth, 1983–2009—robust growth followed by collapse; the literature on retirement wealth and retirement adequacy; the slowdown in pension wealth growth in the 2000s; stagnation of retirement wealth in the 2000s; differences in retirement wealth by demographic and household characteristics; and retirement prospects. Wolff is Professor of Economics at New York University and a senior scholar at the Levy Economics Institute of Bard College. Index.


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Book Review Authors

John A. Turner of Pension Policy Center


JEL Classifications

D14: Personal Finance
J26: Retirement; Retirement Policies
J32: Nonwage Labor Costs and Benefits; Private Pensions
N32: U.S.; Canada: 1913-


Journal of Economic Literature


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