Cantitate/Preț
Produs
Total produse
Vezi coșul
Social Security's Investment Shortfall de Nils H. Hakansson

Social Security's Investment Shortfall: World Scientific Series in Finance, cartea 03

Autor Nils H. Hakansson
en Limba Engleză Hardback – 16 sep 2012
Documents two public policy mistakes of the US Government that have been extremely costly. This study puts forth the notion of Social Security as a minimal safety net is consistent with the views of Adam Smith and Friedrich Hayek and that private social security accounts are inefficient and subject to moral hazard and huge productivity losses.
Citește tot Restrânge

Din seria World Scientific Series in Finance

  • ADVENTURES MODERN RENAISSANCE ACADEMIC IN INVEST & GAMBLING
    Preț: 27783 lei
  • 15% GREAT INVESTMENT IDEAS
    Preț: 60433 lei
  • STOCK MARKET CRASHES
    Preț: 24211 lei
  • Exotic Betting at the Racetrack
    Preț: 25008 lei
  • 18% Cultural Finance: A World Map of Risk, Time and Money
    Preț: 91546 lei
  • 18% Investment in Startups and Small Business Financing
    Preț: 69941 lei
  • 18% Adventures in Financial Data Science: The Empirical Properties of Financial and Economic Data (Second Edition)
    Preț: 83955 lei
  • 15% ESSAYS ON TRADING STRATEGY
    Preț: 44406 lei
  • Problems in Portfolio Theory and the Fundamentals of Financial Decision Making
    Preț: 25757 lei
  • Calendar Anomalies and Arbitrage
    Preț: 36687 lei
  • 15% Bridging the GAAP
    Preț: 66519 lei
  • 18% Stochastic Programming: Applications in Finance, Energy, Planning and Logistics
    Preț: 107111 lei
  • 18% Managing and Measuring Risk
    Preț: 101194 lei
  • 15% Euro Bonds
    Preț: 58822 lei
  • 15% Risk, Value and Default
    Preț: 59548 lei
  • Investing in the Modern Age
    Preț: 31577 lei

Preț: 25940 lei

Nou

Puncte Express: 389
Preț estimativ în valută:
4965€ • 5237$ • 4137£

Carte tipărită la comandă

Livrare economică 02-16 ianuarie 25

 Adaugă în coș

Wish list
Gift list
Am citit!
Adaugă în listă
Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9789814407960
ISBN-10: 9814407968
Pagini: 129
Dimensiuni: 155 x 231 x 15 mm
Greutate: 0.41 kg
Editura: World Scientific Publishing Company
Seria World Scientific Series in Finance

Cuprins

The aim of this book is to document, on a solid and convincing foundation, two public policy mistakes of the United States Government that have been extremely costly. First, the failure to combine stocks with long-term government bonds in the Social Security Trust Fund, the way other nations do, has resulted not only in an investment shortfall well into the trillions of dollars, but has also reduced US and global economic growth and increased the national debt. Second, by employing the Unified Budget concept beginning in 1970, the US Government has since then understated its financial deficits by more than $4 trillion and in doing so it has shielded the increase in the debt owed to the public by roughly half. This study puts forth the notion of Social Security as a minimal safety net is consistent with the views of both Adam Smith and Friedrich Hayek and that private social security accounts are inefficient and subject to moral hazard and huge productivity losses. It also introduces a novel approach to long-term investing suitable for perpetual funds consistent with the empirical phenomena of risk premia and mean reversion, including no asset sales and the use of short-term borrowing on a rollover basis to cover negative net inflows. The study also proposes that payroll taxes be re-labeled Social Security Contributions and that the Social Security System be made independent and professionally managed based on the Federal Reserve System model.