Accumulated Pension Collars: A Market Approach to Reducing the Risk of Investment-Based Social Security Reform
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下载链接：
https://www.nber.org/papers/w7861
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资源简介：
This paper shows how a new type of derivative product that could be provided by private financial markets could in principle be used to guarantee that an investment-based Social Security reform provides at least the level of real retirement income that is projected in current Social Security rules.
提供机构：
美国国家经济研究局
创建时间：
2000-08-01
