| 000 -LEADER |
|---|
| fixed length control field |
01930naa a2200181uu 4500 |
| 001 - CONTROL NUMBER |
|---|
| control field |
11752 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
|---|
| control field |
20190211155630.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
030312s2006 xx ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) |
|---|
| Koha Dewey Subclass [OBSOLETE] |
PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE |
|---|
| Language code of text/sound track or separate title |
eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
WELLER, Christian |
| 9 (RLIN) |
11273 |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Risky Business? Evaluating market risk of equity investment proposals to reform social security |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2000 |
| 520 3# - SUMMARY, ETC. |
|---|
| Summary, etc. |
A number of options have been proposed to address the expected financing shortfall of Social Security in the nest century. Most basic aspects of the various reform proposals are captured by the three options offered by the Advisory Council on Social Security in 1996. Common to all three options is that they would permit either public or private equity investment. This article discusses the economic risks involved in public and private equity investments as a funding solution for Social Security. To quantify the risks involved in equity investment, stochastic simulations are based on the economic assumptions of the 1998 Trustees Report of Old Age and Survivors Insurance and Disability Insurance in combination with different assumptions abou the rates of return on bonds and stocks. For public equity investiment, financial market risk remains significant for at least 40 years. For individual accounts, I find that the change of doing worse than with Social Security or of falling into poverty in retirement is generally high, yet vaires with income level, gender, family status, and employment history. In general, women, married workers with dependent spouses,or workers with incomplete work histories fare worse than men, single workers, or workers with complete work histories when compared either to the current system or to the poverty line |
| 773 08 - HOST ITEM ENTRY |
|---|
| Title |
Journal of Policy Analysis and Management |
| Related parts |
19, 2, p. 263-273 |
| Place, publisher, and date of publication |
, 2000 |
| Record control number |
|
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Koha item type |
Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) |
|---|
| -- |
20030312 |
| Operator's initials, OID (RLIN) |
Cassio |
| Cataloger's initials, CIN (RLIN) |
Cassio |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) |
|---|
| -- |
20060331 |
| Operator's initials, OID (RLIN) |
1712^b |
| Cataloger's initials, CIN (RLIN) |
Quiteria |
