Individual Risk and Intergenerational Risk Sharing in an Investment-Based Social Security Program
收藏NBER1998-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6839
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资源简介:
This paper examines the risk aspects of a fully phased-in investment-based defined contribution Social Security plan. Individuals save a fraction of wages in a Personal Retirement Account (PRA) invested in a 60:40 equity-debt mix and receive a similarly invested variable annuity from age 67. The
提供机构:
美国国家经济研究局
创建时间:
1998-12-01



