Risk aspects of investment-based social security reform /
نام عام مواد
[Book]
نام نخستين پديدآور
edited by John Y. Campbell and Martin Feldstein.
وضعیت نشر و پخش و غیره
محل نشرو پخش و غیره
Chicago :
نام ناشر، پخش کننده و غيره
University of Chicago Press,
تاریخ نشرو بخش و غیره
2001.
مشخصات ظاهری
نام خاص و کميت اثر
1 online resource (xi, 496 pages) :
ساير جزييات
illustrations
فروست
عنوان فروست
National Bureau of Economic Research conference report
يادداشت کلی
متن يادداشت
Papers presented at a NBER conference held in Islamorala, Florida, January, 1999.
یادداشتهای مربوط به کتابنامه ، واژه نامه و نمایه های داخل اثر
متن يادداشت
Includes bibliographical references and indexes.
یادداشتهای مربوط به مندرجات
متن يادداشت
Asset allocation and risk allocation: can Social Security improve its future solvency problem by investing in private securities? -- The transition to investment-based social security when portfolio returns and capital profitability are uncertain -- The effect of pay-when-needed benefit guarantees on the impact of Social Security privatization -- Can market and voting institutions generate optimal intergenerational risk sharing? -- The Social Security Trust Fund, the riskless interest rate, and capital accumulation -- Social Security and demographic uncertainty: the risk-sharing properties of alternative policies -- The risk of Social Security benefit-rule changes: some international evidence -- Financial engineering and Social Security reform -- The role of real annuities and indexed bonds in an individual accounts retirement program -- The role of international investment in a privatized social security system -- Investing retirement wealth: a life-cycle model.
بدون عنوان
0
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
Our current social security system operates on a pay-as-you-go basis; benefits are paid almost entirely out of current revenues. As the ratio of retirees to taxpayers increases, concern about the high costs of providing benefits in a pay-as-you-go system has led economists to explore other options. One involves "prefunding," in which a person's withholdings are invested in financial instruments, such as stocks and bonds, the eventual returns from which would fund his or her retirement. The risks such a system would introduce--such as the volatility in the market prices of investment a.
ویراست دیگر از اثر در قالب دیگر رسانه
عنوان
Risk aspects of investment-based social security reform.
شماره استاندارد بين المللي کتاب و موسيقي
9780226092553
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Privatization-- United States, Congresses.
موضوع مستند نشده
Social security-- United States-- Finance, Congresses.