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Junior Must Pay: Pricing the Implicit Put in Privatizing Social Security

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NBER2002-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8906
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Proposals that portion of the Social Security Trust Fund assets be invested in equities entail the possibility that a severe decline in equity prices renders the Fund assets insufficient to provide the currently mandated level of benefits. In this event, existing taxpayers may be compelled to act as
提供机构:
美国国家经济研究局
创建时间:
2002-04-01
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