The controversy over the US Social Security Surplus. A non conventional view

This paper examines the US controversy over the Social Security ‘Trust Fund’ (SS-TF). It is shown that, according to neoclassical theory, the SS-TF has a substantial meaning as a safety belt in view of the alleged pending problems of, but, according to more Keynesian principles, it does not play this function. On the opposite, the establishment of a SS-TF will have deflationary effects on the economy

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Year of publication:	2004-01
Authors:	Cesaratto, Sergio
Institutions:	Dipartimento di Economia Politica e Statistics, Facoltà di Economia "Richard M. Goodwin"

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Extent:	application/pdf
Series:	Department of Economics University of Siena.
Type of publication:	Book / Working Paper
Language:	English
Classification:	E1 - General Aggregative Models ; H55 - Social Security and Public Pensions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005824333