The regulatory welfare state in pension markets (Record no. 18274)

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fixed length control field 02282nab a22002417ab4500
003 - CONTROL NUMBER IDENTIFIER
control field NY
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20170510092453.0
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION
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fixed length control field 170401p xxu|||||o|||||00| 0 eng||
040 ## - CATALOGING SOURCE
Original cataloging agency NY
Transcribing agency NY
041 0# - LANGUAGE CODE
Language code of subtitles or captions eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Benish, Avishai.
245 14 - TITLE STATEMENT
Title The regulatory welfare state in pension markets
Medium [electronic resource] :
Remainder of title mitigating high charges for low-income savers in the United Kingdom and Israel /
Statement of responsibility, etc Avishai Benish, Hanan Haber, Rotem Eliahou.
300 ## - PHYSICAL DESCRIPTION
Extent pp. 313-330.
520 ## - SUMMARY, ETC.
Summary, etc How does the rising ‘regulatory welfare state’ address social policy concerns in pension markets? This study examines this question by comparing the regulatory responses to high charges paid by low-income workers in pension markets in the UK and Israel. In the UK, with the recognition that the market would not cater to low-income workers, the regulatory response was the creation of a publicly operated low-cost pension fund (NEST), a ‘public option’ within the market. This allowed low-income workers access to a low level of charges, previously reserved for high-income and organised workers. In Israel, regulation sought to empower consumers, while providing minimal social protection by capping pension charges at a relatively high level, thereby leaving most of the responsibility for reducing the charges with the individual saver. By comparing these two cases, the article develops an analytical framework for the study of the regulatory welfare state, making two contributions. First, it highlights different types of regulatory citizenship: minimal regulatory social protection as opposed to a more egalitarian approach. Second, it identifies an overlooked regulatory welfare state strategy: creating ‘public option’ arrangements, whereby a state-run (but not funded) service operates within the market.
530 ## - ADDITIONAL PHYSICAL FORM AVAILABLE NOTE
Additional physical form available note Available online and in print.
538 ## - SYSTEM DETAILS NOTE
System details note Mode of access: Internet.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Haber, Hanan.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Eliahou, Rotem.
773 0# - HOST ITEM ENTRY
Title Journal of social policy.
Relationship information 2017, Vol. 46, No. 2
International Standard Serial Number 0047-2794 (Print), 1469-7823 (Online)
Record control number per17349
856 40 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://ezproxy01.ny.edu.hk:2048/login?url=https://doi.org/10.1017/S0047279416000593
Public note Click here to access full-text article
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme
Koha item type E-Article

No items available.

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