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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w15170 |
来源ID | Working Paper 15170 |
Market Valuation of Accrued Social Security Benefits | |
John Geanakoplos; Stephen P. Zeldes | |
发表日期 | 2009-07-16 |
出版年 | 2009 |
语种 | 英语 |
摘要 | One measure of the health of the Social Security system is the difference between the market value of the trust fund and the present value of benefits accrued to date. How should present values be computed for this calculation in light of future uncertainties? We think it is important to use market value. Since claims on accrued benefits are not currently traded in financial markets, we cannot directly observe a market value. In this paper, we use a model to estimate what the market price for these claims would be if they were traded. |
主题 | Microeconomics ; Behavioral Economics ; Macroeconomics ; Fiscal Policy ; Financial Economics ; Financial Markets ; Portfolio Selection and Asset Pricing ; Public Economics ; National Fiscal Issues |
URL | https://www.nber.org/papers/w15170 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572846 |
推荐引用方式 GB/T 7714 | John Geanakoplos,Stephen P. Zeldes. Market Valuation of Accrued Social Security Benefits. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w15170.pdf(423KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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