Showing 1 - 10 of 200
Persistent link: https://www.econbiz.de/10001211549
Persistent link: https://www.econbiz.de/10001350960
Persistent link: https://www.econbiz.de/10001376929
Persistent link: https://www.econbiz.de/10001567819
Persistent link: https://www.econbiz.de/10001476940
Persistent link: https://www.econbiz.de/10002586068
Persistent link: https://www.econbiz.de/10003881867
This paper examines the risk aspects of an investment-based defined contribution Social Security plan. We focus on the … risk after the plan is fully phased in. Individuals deposit a fraction of wages to a Personal Retirement Account (PRA … cushion' that protects the individual from the risk of an unacceptably low level of benefits. For example, PRA deposits of 6 …
Persistent link: https://www.econbiz.de/10014138416
This paper examines the four most important potential economic crises that the United Stares fared in the 1980s in order to see what lessons can be drawn, individually and collectively, from these experiences: (1) the-developing country debt crisis; (2) the 1907 stork marker crash; (3) failures...
Persistent link: https://www.econbiz.de/10013226931
current law. Calculations of expected utility show that these risk reduction techniques can raise expected utility relative to … the plans with no guarantees. The ability to do so depends on the individual's risk aversion level. This underlines the … idea that different individuals would rationally prefer different investment strategies and risk reduction options …
Persistent link: https://www.econbiz.de/10013233225