Risk aspects of investment-based social security reform
Éditeur :
The University of Chicago Press
ISBN :
9780226092553
Date de publication :
1 déc. 2000
Dimensions :
2,4 x 1,6 x 0,3 cm
Poids :
794 g
Langue :
Anglais
Pays d'origine :
USA
As the ratio of retirees to taxpayers increases, concern about the high cost of providing benefits in a pay-as-you-go system has led to economists offering alternatives, one of which involves the investment in stocks and bonds of a person's holdings. This work examines the risks of such systems.