Individaul Accounts for Social Security Reform : International Perspectives on the U.S. Debate /

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Bibliographic Details
Main Author: Turner, John A. (John Andrew), 1949-
Format: Electronic eBook
Language:English
Published: Kalamazoo : W.E. Upjohn Institute for Employment Research, 2006.
Series:Book collections on Project MUSE.
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Online Access:Full text available:
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100 1 |a Turner, John A.  |q (John Andrew),  |d 1949- 
245 1 0 |a Individaul Accounts for Social Security Reform :   |b International Perspectives on the U.S. Debate /   |c John Turner. 
264 1 |a Kalamazoo :  |b W.E. Upjohn Institute for Employment Research,  |c 2006. 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2013 
264 4 |c ©2006. 
300 |a 1 online resource (195 pages). 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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505 0 |a Individual accounts and social security reform -- Introduction to individual accounts -- Individual accounts in social security reform : the debate -- Agency risk and the management of individual account investments by corporations and mutual funds -- Individual management risk -- Labor market issues -- Benefits and taxes -- Summary and conclusions -- Appendix A : Dealing with financial market risks : guarantees in individual accounts -- Appendix B : Labor market distortions due to contribution evasion and avoidance. 
506 0 |a Open Access  |f Unrestricted online access  |2 star 
520 8 |a Annotation  |b Individual accounts can be categorized with respect to the incentive for their provision or with respect to their relationship to social security pensions. Combining these two approaches, social security reform using individual accounts can occur five different ways: (1) voluntary carve-outs that partially replace social security, (2) voluntary carve-outs that fully replace social security, (3) mandatory add-ons to social security through legal requirements, (4) mandatory carve-outs that partially replace social security, (5) mandatory carve-outs that fully replace social security. Of these approaches, this book, in the context of possible U.S. reforms, focuses on three: voluntary carve-outs that partially replace social security, mandatory add-ons, and mandatory carve-outs that partially replace social security. One of the themes of the book is that the effects of individual accounts depend on which type of accounts are being considered. It is important to distinguish between add-ons and carve-outs. Another dimension of the structure of individual accounts is their financial management. For either add-on or carve-out accounts, individual accounts can be managed at least three ways: the Chilean model, the Australian model, and the Swedish model. This book focuses on the Chilean and Swedish models of financial management as being the approaches most relevant for the United States to consider. 
588 |a Description based on print version record. 
650 7 |a Social security individual investment accounts.  |2 fast  |0 (OCoLC)fst01736952 
650 7 |a Social security.  |2 fast  |0 (OCoLC)fst01123077 
650 7 |a POLITICAL SCIENCE  |x Public Policy  |x Social Security.  |2 bisacsh 
650 7 |a Public Policy / Social Security.  |2 bisac 
650 7 |a POLITICAL SCIENCE.  |2 bisac 
650 6 |a Social security individual investment accounts  |z États-Unis. 
650 6 |a Securite sociale  |z États-Unis. 
650 0 |a Social security individual investment accounts  |z United States. 
650 0 |a Social security  |z United States. 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
655 7 |a Electronic books.   |2 local 
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830 0 |a Book collections on Project MUSE. 
856 4 0 |z Full text available:   |u https://muse.jhu.edu/book/17397/ 
945 |a Project MUSE - Archive Complete Supplement 
945 |a Project MUSE - Archive Political Science and Policy Studies Supplement 
999 |c 231092  |d 231091