Risk aspects of investment-based social security reform:
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Chicago
University of Chicago Press
2001
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Schriftenreihe: | Conference report (National Bureau of Economic Research)
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Schlagworte: | |
Online-Zugang: | FAW01 FAW02 Volltext |
Beschreibung: | 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 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 |
Beschreibung: | 1 Online-Ressource (xi, 496 pages) |
ISBN: | 0226092569 9780226092553 9780226092560 |
Internformat
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Datensatz im Suchindex
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any_adam_object | |
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dewey-ones | 368 - Insurance |
dewey-raw | 368.4/3/00973 |
dewey-search | 368.4/3/00973 |
dewey-sort | 3368.4 13 3973 |
dewey-tens | 360 - Social problems and services; associations |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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geographic_facet | USA |
id | DE-604.BV043084904 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T07:16:57Z |
institution | BVB |
isbn | 0226092569 9780226092553 9780226092560 |
language | English |
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publishDate | 2001 |
publishDateSearch | 2001 |
publishDateSort | 2001 |
publisher | University of Chicago Press |
record_format | marc |
series2 | Conference report (National Bureau of Economic Research) |
spelling | Risk aspects of investment-based social security reform edited by John Y. Campbell and Martin Feldstein Chicago University of Chicago Press 2001 1 Online-Ressource (xi, 496 pages) txt rdacontent c rdamedia cr rdacarrier Conference report (National Bureau of Economic Research) 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 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 Privatization Social security Sécurité sociale / États-Unis / Finances / Congrès Sécurité sociale / États-Unis / Congrès Privatisation / États-Unis / Congrès POLITICAL SCIENCE / Public Policy / Social Security bisacsh Privatization fast Social security fast Social security / Finance fast Sociale zekerheid gtt Hervormingen gtt Privatisering gtt Investeringen gtt Risicoanalyse gtt Pensioen gtt Soziale Sicherheit Social security United States Finance Congresses Social security United States Congresses Privatization United States Congresses Finanzierung (DE-588)4017182-6 gnd rswk-swf Altersversorgung (DE-588)4001479-4 gnd rswk-swf Investitionsrisiko (DE-588)4475258-1 gnd rswk-swf Reform (DE-588)4115716-3 gnd rswk-swf Privatisierung (DE-588)4047297-8 gnd rswk-swf Sozialversicherung (DE-588)4055905-1 gnd rswk-swf Kapitaldeckungsverfahren (DE-588)4135880-6 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf (DE-588)1071861417 Konferenzschrift gnd-content USA (DE-588)4078704-7 g Sozialversicherung (DE-588)4055905-1 s Reform (DE-588)4115716-3 s Finanzierung (DE-588)4017182-6 s 1\p DE-604 Privatisierung (DE-588)4047297-8 s 2\p DE-604 Altersversorgung (DE-588)4001479-4 s Kapitaldeckungsverfahren (DE-588)4135880-6 s Investitionsrisiko (DE-588)4475258-1 s 3\p DE-604 Campbell, John Y. Sonstige oth Feldstein, Martin S. Sonstige oth Erscheint auch als Druck-Ausgabe, Hardcover 0-226-09255-0 http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=268522 Aggregator Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Risk aspects of investment-based social security reform Privatization Social security Sécurité sociale / États-Unis / Finances / Congrès Sécurité sociale / États-Unis / Congrès Privatisation / États-Unis / Congrès POLITICAL SCIENCE / Public Policy / Social Security bisacsh Privatization fast Social security fast Social security / Finance fast Sociale zekerheid gtt Hervormingen gtt Privatisering gtt Investeringen gtt Risicoanalyse gtt Pensioen gtt Soziale Sicherheit Social security United States Finance Congresses Social security United States Congresses Privatization United States Congresses Finanzierung (DE-588)4017182-6 gnd Altersversorgung (DE-588)4001479-4 gnd Investitionsrisiko (DE-588)4475258-1 gnd Reform (DE-588)4115716-3 gnd Privatisierung (DE-588)4047297-8 gnd Sozialversicherung (DE-588)4055905-1 gnd Kapitaldeckungsverfahren (DE-588)4135880-6 gnd |
subject_GND | (DE-588)4017182-6 (DE-588)4001479-4 (DE-588)4475258-1 (DE-588)4115716-3 (DE-588)4047297-8 (DE-588)4055905-1 (DE-588)4135880-6 (DE-588)4078704-7 (DE-588)1071861417 |
title | Risk aspects of investment-based social security reform |
title_auth | Risk aspects of investment-based social security reform |
title_exact_search | Risk aspects of investment-based social security reform |
title_full | Risk aspects of investment-based social security reform edited by John Y. Campbell and Martin Feldstein |
title_fullStr | Risk aspects of investment-based social security reform edited by John Y. Campbell and Martin Feldstein |
title_full_unstemmed | Risk aspects of investment-based social security reform edited by John Y. Campbell and Martin Feldstein |
title_short | Risk aspects of investment-based social security reform |
title_sort | risk aspects of investment based social security reform |
topic | Privatization Social security Sécurité sociale / États-Unis / Finances / Congrès Sécurité sociale / États-Unis / Congrès Privatisation / États-Unis / Congrès POLITICAL SCIENCE / Public Policy / Social Security bisacsh Privatization fast Social security fast Social security / Finance fast Sociale zekerheid gtt Hervormingen gtt Privatisering gtt Investeringen gtt Risicoanalyse gtt Pensioen gtt Soziale Sicherheit Social security United States Finance Congresses Social security United States Congresses Privatization United States Congresses Finanzierung (DE-588)4017182-6 gnd Altersversorgung (DE-588)4001479-4 gnd Investitionsrisiko (DE-588)4475258-1 gnd Reform (DE-588)4115716-3 gnd Privatisierung (DE-588)4047297-8 gnd Sozialversicherung (DE-588)4055905-1 gnd Kapitaldeckungsverfahren (DE-588)4135880-6 gnd |
topic_facet | Privatization Social security Sécurité sociale / États-Unis / Finances / Congrès Sécurité sociale / États-Unis / Congrès Privatisation / États-Unis / Congrès POLITICAL SCIENCE / Public Policy / Social Security Social security / Finance Sociale zekerheid Hervormingen Privatisering Investeringen Risicoanalyse Pensioen Soziale Sicherheit Social security United States Finance Congresses Social security United States Congresses Privatization United States Congresses Finanzierung Altersversorgung Investitionsrisiko Reform Privatisierung Sozialversicherung Kapitaldeckungsverfahren USA Konferenzschrift |
url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=268522 |
work_keys_str_mv | AT campbelljohny riskaspectsofinvestmentbasedsocialsecurityreform AT feldsteinmartins riskaspectsofinvestmentbasedsocialsecurityreform |