MARC Record from marc_columbia

LEADER: 03872fam a2200397 a 4500
001 2181697
005 20220615223602.0
008 971110s1998 ilua b 001 0 eng
010 $a 97043851
020 $a0226241017 (cloth)
035 $a(OCoLC)38010547
035 $a(OCoLC)ocm38010547
035 $9ANQ4443CU
035 $a(NNC)2181697
035 $a2181697
040 $aDLC$cDLC$dDLC$dOrLoB-B
043 $an-us---
050 00 $aHD7105.4$b.P75 1998
082 00 $a332.67/254$221
245 00 $aPrivatizing social security /$cedited by Martin Feldstein.
260 $aChicago :$bUniversity of Chicago Press,$c1998.
300 $ax, 471 pages :$billustrations ;$c24 cm.
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
490 1 $aA National Bureau of Economic Research project report
504 $aIncludes bibliographical references and indexes.
505 00 $tIntroduction /$rMartin Feldstein --$g1.$tThe Chilean Pension Reform: A Pioneering Program /$rSebastian Edwards --$tComment /$rStephen P. Zeldes --$g2.$tAustralia's Retirement Income System /$rMalcolm Edey and John Simon --$tComment /$rJohn Piggott --$g3.$tThe Roles of the Public and Private Sectors in the U.K. Pension System /$rAlan Budd and Nigel Campbell --$tComment /$rRichard Disney --$g4.$tPension System Reform: The Mexican Case /$rCarlos Sales-Sarrapy, Fernando Solis-Soberon and Alejandro Villagomez-Amezcua --$tComment /$rAaron Tornell --$g5.$tThe Shift to a Funded Social Security System: The Case of Argentina /$rJoaquin Cottani and Gustavo Demarco --$tComment /$rAnita M. Schwarz --$g6.$tThe Transition Path in Privatizing Social Security /$rMartin Feldstein and Andrew Samwick --$tComment /$rJohn B. Shoven --$g7.$tSimulating the Privatization of Social Security in General Equilibrium /$rLaurence J. Kotlikoff --$tComment /$rThomas J. Sargent --
505 80 $g8.$tPrivatizing Social Security: First-Round Effects of a Generic, Voluntary, Privatized U.S. Social Security System /$rAlan L. Gustman and Thomas L. Steinmeier --$tComment /$rDavid M. Cutler --$g9.$tIndividual Financial Decisions in Retirement Saving Plans and the Provision of Resources for Retirement /$rJames M. Poterba and David A. Wise --$tComment /$rJack L. VanDerhei --$g10.$tAdministrative Costs in Public and Private Retirement Systems /$rOlivia S. Mitchell --$tComment /$rSylvester J. Schieber.
520 $aAlthough 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.
520 8 $aThe aging of the population will raise the cost of maintaining the existing pay-as-you-go tax financed system of social security pensions. Government actuaries estimate that the payroll tax rate would have to rise to more than 18 percent to maintain the current relation between benefits and lifetime earnings.
520 8 $aTo avoid such cost increases, the United States is now considering following the lead of other countries that have shifted from the pay-as-you-go method of financing pensions to systems based on mandatory saving during the working years. This book will be of interest to government policy makers and private pension experts, in addition to economists.
650 0 $aPension trusts$vCross-cultural studies.
650 0 $aPension trusts$zUnited States.$0http://id.loc.gov/authorities/subjects/sh2008109029
700 1 $aFeldstein, Martin S.$0http://id.loc.gov/authorities/names/n50001103
830 0 $aNational Bureau of Economic Research project report.$0http://id.loc.gov/authorities/names/n83729162
852 00 $boff,bus$hHD7105.4$i.P75 1998