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Social security's investment shortfall : 8 trillion plus : and the way forward : plus How the US government's financial deficit reporting = 64 Madoffs /

The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hakansson, Nils Hemming, 1937-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore ; Hackensack, NJ : World Scientific Pub., ©2013.
Colección:World Scientific series in finance ; v. 3.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Ch. 1. Introduction
  • ch. 2. Social security: a very brief overview
  • ch. 3. Safety nets: insurance policies and retirement plans
  • ch. 4. Shortcomings of social security
  • ch. 5. If social security funds had been invested in marketable treasury bonds and stocks ... with other things being equal
  • ch. 6. Privatizing social security results in inefficiency, moral hazard, and very low productivity
  • ch. 7. The way forward.