Retirement System Risk Management
Implications of the New Regulatory Order
Edited by Olivia S. Mitchell, Raimond Maurer, and J. Michael Orszag
Author Information
Edited by Olivia S. Mitchell, International Foundation of Employee Benefit Plans Professor; Professor of Business Economics and Public Policy; Professor of Insurance and Risk Management; Executive Director, Pension Research Council; Director, Boettner Center for Pensions and Retirement Research; all at the Wharton School of the University of Pennsylvania, Raimond Maurer, Chair of Investment, Portfolio Management, and Pension Finance, Goethe University Frankfurt, and J. Michael Orszag, Head of Research, Willis Towers Watson
Dr. Olivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor, Professor of Insurance and Risk Management and Business Economics and Public Policy, Executive Director of the Pension Research Council, and Director of the Boettner Center for Pensions and Retirement Research, all at the Wharton School of the University of Pennsylvania. Dr. Mitchell's main interests are public and private pensions, insurance and risk management, financial literacy, and social insurance. She received her MA and PhD degrees in Economics from the University of Wisconsin-Madison, and her BA in Economics from Harvard University.
Raimond Maurer is the Chair of Investment, Portfolio Management, and Pension Finance at the Finance Department of the Goethe University Frankfurt. His research focuses on asset management, life-time portfolio choice, real estate, and pension finance. He serves in several professional capacities including the Union Real Estate Investment group, the Society of Actuaries (academic chairman of AFIR), the Association of Certified International Investment Analysts (academic director and member of the International Examination Committee). He earned his Habilitation, PhD, and Diploma in business administration from Mannheim University, and he was awarded an honorary doctorate from the State University of Finance and Economics of St. Petersburg.
Michael Orszag is Head of Research at Willis Towers Watson, a global actuarial consulting firm. His research interests include pensions, personnel economics, risk management, and insurance. He is a founding editor of the Journal of Pension Economics and Finance and co-editor of the Oxford Handbook of Pensions and Retirement Income. He earned his PhD from the University of Michigan in economics and his AB from Princeton University in economics.
Contributors:
Javier Alonso works for BBVA Research in Madrid
Alfonso Arellano works for BBVA Research and Institute BBVA of Pensions in Madrid
Andrew G. Biggs is a Resident Scholar at the American Enterprise Institute
Joseph Busillo is a Senior Strategist for SEI's Institutional Group
Asli Demirgüç-Kunt is the Director of Research at the World Bank
Catherine Donnelly is Associate Professor at the Department of Actuarial Mathematics and Statistics of the School of Mathematical and Computer Sciences of Heriot-Watt University
Peter A. Fisher is a Partner with Tapestry Networks
Montserrat Guillén is a Professor and Director of the Riskcenter at the Universitat de Barcelona
Thomas Harvey serves as Director of the Advisory Team within SEI's Institutional Group
Bryan Hoffman is a Senior Portfolio Strategist within the SEI Investment Management Unit
Leora Klapper is Lead Economist in the Finance and Private Sector Research Team of the Development Research Group at the World Bank
Raimond Maurer is the Chair of Investment, Portfolio Management, and Pension Finance at the Finance Department of the Goethe University Frankfurt
Olivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor, as well as Professor of Insurance/Risk Management and Business Economics/ Policy; Executive Director of the Pension Research Council; and Director of the Boettner Center for Pensions and Retirement Research, all at the Wharton School of the University of Pennsylvania
Jens Perch Nielsen is Professor of Actuarial Science at the Cass Business School of the City University of London
J. Michael Orszag is Global Head of Research at Towers Watson
Georgios A. Panos is a Reader in Finance at Adam Smith Business School at the University of Glasgow
Brian Reid is Chief Economist at the Investment Company Institute
Ralph Rogalla is an Assistant Professor in the School of Risk Management, Insurance, and Actuarial Science at St. John's University
Ivonne Siegelin is an actuary in product development for Generali Life Insurance in Frankfurt
David Tuesta is a Chief Economist for BBVA Research in Madrid
Karel Van Hulle is a Lecturer at the Business and Economics Facility of the Katholieke Universiteit Leuven
Dan Waters is Managing Director of ICI Global
