
Risk Aspects of Investment-Based Social Security Reform
€254.90
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Product Information
| ISBN | 9780226092553 |
|---|---|
| Publisher | The University of Chicago Press |
| Price (excl. tax) | €240.47 |
| Tax | €14.43 |
| Price (incl. tax) | €254.90 |
| Availability | 1 unit in external warehouse |
Product Description
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.