Investing U.S. Social Security Trust Fund Assets in Private Securities /

This paper examines the macroeconomic and distributional consequences of a policy change, other things being equal, that would allow U.S. Social Security trust fund assets to be invested in private securities. Improving the expected return to trust fund assets, by shifting these from government bond...

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Bibliographic Details
Main Author: Leidy, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/112
Online Access:Full text available on IMF