Risk aspects of investment-based social security reform

서명/저자사항

Risk aspects of investment-based social security reform

개인저자

Campbell, John Y | Feldstein, Martin S

발행사항

Chicago : University of Chicago Press, 2001.

형태사항

xi, 496 p. : ill. ; 24 cm.

총서사항

National Bureau of Economic Research conference report

ISBN

0226092550 (cloth : alk. paper)

주기사항

Papers presented at a NBER conference held in Islamorala, Florida, January, 1999 Includes bibliographical references and indexes 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

주제어

Privatization, United States, Congresses. Social security, United States, Congresses. Social security, United States, Finance, Congresses