LEADER 04196nam 2200673Ia 450 001 9910784994003321 005 20230207224344.0 010 $a1-281-22404-9 010 $a9786611224042 010 $a0-226-75481-2 024 7 $a10.7208/9780226754819 035 $a(CKB)1000000000407189 035 $a(EBL)408165 035 $a(OCoLC)437247539 035 $a(SSID)ssj0000097336 035 $a(PQKBManifestationID)11128068 035 $a(PQKBTitleCode)TC0000097336 035 $a(PQKBWorkID)10114189 035 $a(PQKB)11642051 035 $a(MiAaPQ)EBC408165 035 $a(DE-B1597)535513 035 $a(OCoLC)842259871 035 $a(DE-B1597)9780226754819 035 $a(Au-PeEL)EBL408165 035 $a(CaPaEBR)ebr10216985 035 $a(CaONFJC)MIL122404 035 $a(EXLCZ)991000000000407189 100 $a20000320d2000 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt 182 $cc 183 $acr 200 00$aAdministrative aspects of investment-based social security reform$b[electronic resource] /$fedited by John B. Shoven 210 $aChicago $cUniversity of Chicago Press$dc2000 215 $a1 online resource (250 p.) 225 1 $aNational Bureau of Economic Research conference report 300 $aDescription based upon print version of record. 311 0 $a0-226-75485-5 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tAcknowledgments --$tIntroduction --$t1. Reforming Social Security. A Practical and Workable System of Personal Retirement Accounts --$t2. Administering a Cost-Effective. National Program of Personal Security Accounts --$t3. Mutual Funds and Institutional Investments What Is the Most Efficient Way to Set Up Individual Accounts in a Social Security System? --$t4. Administrative Costs and Equilibrium Charges with Individual Accounts --$t5. The Costs of Annuitizing Retirement Payouts from Individual Accounts --$t6. Panel Session: Industry Perspectives --$tContributors --$tAuthor Index --$tSubject Index 330 $aSocial security reform in the United States continues to be a pressing and contentious issue, with advocates touting some form of a centralized or a privatized system of personal accounts. In general, centralized systems offer low administrative costs, but are potentially subject to political mismanagement and appropriation. Privatized account systems, on the other hand, offer higher yields with more flexibility, but may prove too expensive and logistically daunting to implement. Uniting learned and outspoken proponents on both sides of the debate, this volume provides the first comprehensive analysis of the issues involved in administering a system of essentially private social security accounts. The contributors together come to startlingly similar conclusions, generally agreeing that a centralized system of accounts could deliver the benefits of privatization in a feasible and cost-efficient way by accessing administrative mechanisms already in existence. This is perhaps the most far-reaching synthesis yet envisioned of functional and implementable social security reform. 410 0$aConference report (National Bureau of Economic Research) 606 $aPrivatization$zUnited States$vCongresses 606 $aSocial security$zUnited States$vCongresses 606 $aSocial security$zUnited States$xFinance$vCongresses 610 $asocial security, reform, aging, retirement, finance, economics, personal saving, medicare, pension, centralization, privatization, administration, congress, politics, wealth, government, nonfiction, appropriation, investment, mutual funds, individual accounts, annuitization, payouts, policy, elderly, employment, poverty, inequality. 615 0$aPrivatization 615 0$aSocial security 615 0$aSocial security$xFinance 676 $a368.4/3/00973 701 $aShoven$b John B$088721 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910784994003321 996 $aAdministrative aspects of investment-based social security reform$9515943 997 $aUNINA