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Risk Aspects of Investment-Based Social Security Reform

John Y. Campbell and Martin Feldstein (eds)

Published in print:
2000
Published Online:
February 2013
ISBN:
9780226092553
eISBN:
9780226092560
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226092560.001.0001
Subject:
Economics and Finance, Economic Systems

The United States' current social security system operates on a pay-as-you-go basis; benefits are paid almost entirely out of current revenues. As the ratio of retirees to taxpayers increases, ... More


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