Risk Aspects of Investment-Based Social Security Reform
Book Details
Format
Hardback or Cased Book
ISBN-10
0226092550
ISBN-13
9780226092553
Publisher
The University of Chicago Press
Imprint
University of Chicago Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 1st, 2000
Print length
496 Pages
Weight
806 grams
Dimensions
2.40 x 1.60 x 0.30 cms
Product Classification:
Welfare & benefit systemsPolitical economyTaxationInvestment & securities
Ksh 28,800.00
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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.
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