The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security
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https://www.nber.org/papers/w21818
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资源简介：
Policy uncertainty can reduce individual welfare when individuals have limited opportunities to mitigate or insure against consumption fluctuations induced by the policy uncertainty. For this reason, policy uncertainty surrounding future Social Security benefits may have important welfare costs. We
提供机构：
美国国家经济研究局
创建时间：
2015-12-01
