Investing U.S. Social Security Trust Fund Assets in Private Securities

Investing U.S. Social Security Trust Fund Assets in Private Securities
This paper examines the macroeconomic and distributional consequences of a policy change, other things being equal, that would allow U.S. Social Security trust fund assets to be invested in private securities. Improving the expected return to trust fund assets, by shifting these from government bonds to private securities, tends to reduce... READ MORE...

Publication date: September 1997
ISBN 9781451853568
$15.00

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