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.
- Limba : Engleza
- Data Publicarii : 05 Mar 2001
- Format : Hardback
- Numar pagini : 508
- ISBN : 9780226092553