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Privatization of Social Security: How It Works and Why It Matters

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NBER1995-10-01 更新2025-01-04 收录
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This paper uses the Auerbach-Kotlikoff Dynamic Life-Cycle Model (AK Model) to examine the macroeconomic and efficiency effects of privatizing social security, and a simple privatization proposal, the Personal Security System, to discuss other issues associated with privatization. According to the AK

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1995-10-01
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