04394nam 2200697 a 450 991078499290332120230207224338.01-281-43089-797866114308940-226-24182-310.7208/9780226241821(CKB)1000000000407180(EBL)408417(OCoLC)476228968(SSID)ssj0000227718(PQKBManifestationID)11185238(PQKBTitleCode)TC0000227718(PQKBWorkID)10269745(PQKB)11355972(DE-B1597)535494(OCoLC)1058372668(DE-B1597)9780226241821(Au-PeEL)EBL408417(CaPaEBR)ebr10230016(CaONFJC)MIL143089(NBER)w5362(MiAaPQ)EBC408417(EXLCZ)99100000000040718019971110d1998 uy 0engurnn#---|u||utxtccrPrivatizing social security[electronic resource] /edited by Martin FeldsteinChicago University of Chicago Press19981 online resource (484 p.)National Bureau of Economic Research project reportDescription based upon print version of record.0-226-24102-5 0-226-24101-7 Includes bibliographical references and indexes.Front matter --Contents --Preface --Introduction --1. The Chilean Pension Reform: A Pioneering Program --2. Australia's Retirement Income System --3. The Roles of the Public and Private Sectors in the U.K. Pension System --4. Pension System Reform: The Mexican Case --5. The Shift to a Funded Social Security System: The Case of Argentina --6. The Transition Path in Privatizing Social Security --7. Simulating the Privatization of Social Security in General Equilibrium --8. Privatizing Social Security: First-Round Effects of a Generic, Voluntary, Privatized U.S. Social Security System --9. Individual Financial Decisions in Retirement Saving Plans and the Provision of Resources for Retirement --10. Administrative Costs in Public and Private Retirement Systems --Contributors --Author Index --Subject IndexThis volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." -Library Journal "[A] high-powered collection of essays by top experts in the field."-Timothy Taylor, Public InterestNational Bureau of Economic Research project report.Pension trustsCross-cultural studiesPension trustsUnited StatesSocial security individual investment accountsUnited Statessocial security, retirement, finance, privatization, reform, investment, nonfiction, saving, individual accounts, pension trusts, chile, australia, mexico, argentina, united kingdom, england, administrative costs, public, private, government, policy, income, aging, employment, labor, personal financial decisions, taxation, mandate, economics, economy, budget.Pension trustsPension trustsSocial security individual investment accounts332.67/254Feldstein Martin S88785MiAaPQMiAaPQMiAaPQBOOK9910784992903321Privatizing social security3794875UNINA