Risk Aspects of Investment-based Social Security Reform

John Y. Campbell , Martin S. Feldstein

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
Rating:
293.99 Lei
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