Title page for ETD etd-07222010-020022
|Type of Document
||Fields, Barbara A.
||The effects of private pension plans on personal and aggregate savings.
||Master of Arts
|Meiselman, David I.
|Date of Defense
Financial innovation in the U.S. economy has proceeded at a
dynamic rate throughout this century. The number and variety of
financial institutions which have evolved and thrived testif y to our
inventiveness. Whether the expanding .. role of these specialized
intermediaries have contributed to the nation's economic growth is a
long-standing and much debated question, even today. As financial
institutions .go, pension plans are not young, nor are they peculiar to
the United States; factors impelling their growth and development
were common to most industrial countries. Only relatively recently,
however, have the effects on private saving of the growth of pension
systems, with their particular attributes, been recognized as singularly
important in comparison with other financial institutions conceived in
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