Social security's investment shortfall : $8 trillion plus : and the way forward / Hakansson Nils H.
The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has...
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Full Text (via ProQuest) |
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| Format: | eBook |
| Language: | English |
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Singapore :
World Scientific,
©2013.
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| Series: | World Scientific series in finance ;
v. 3. |
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Table of Contents:
- Ch. 1. Introduction
- ch. 2. Social security: a very brief overview
- ch. 3. Safety nets: insurance policies and retirement plans
- ch. 4. Shortcomings of social security
- ch. 5. If social security funds had been invested in marketable treasury bonds and stocks ... with other things being equal
- ch. 6. Privatizing social security results in inefficiency, moral hazard, and very low productivity
- ch. 7. The way forward.