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Potential Consequences For Employers Of Social Security “Privatization:” Policy Research Implications

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  • Kelly A. Olsen
  • Jack L. Vanderhei

Abstract

While traditional fixes to restore Social Security to actuarial balance have known consequences for employers, opinion polls show strong public support for nontraditional approaches, e.g., the stock market investment of Social Security funds (privatization). The authors examine some of the complex assumptions which have been raised as the basis for determining if privitization would benefit employers and discuss the lack of research available to support or dispute the validity of some of these assumptions.

Suggested Citation

  • Kelly A. Olsen & Jack L. Vanderhei, 1997. "Potential Consequences For Employers Of Social Security “Privatization:” Policy Research Implications," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 1(1), pages 32-50, July.
    • Handle: RePEc:bla:rmgtin:v:1:y:1997:i:1:p:32-50
    DOI: j.1540-6296.1997.tb00062.x
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    4. R. Glenn Hubbard & Jonathan S. Skinner, 1996. "Assessing the Effectiveness of Saving Incentives," Books, American Enterprise Institute, number 53540, September.
    5. Thompson, Lawrence H, 1983. "The Social Security Reform Debate," Journal of Economic Literature, American Economic Association, vol. 21(4), pages 1425-1467, December.
    6. Eric M. Engen & William G. Gale & John Karl Scholz, 1996. "The Illusory Effects of Saving Incentives on Saving," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 113-138, Fall.
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