Pension Security Bonds: A New Plan to Address the State Pension Crisis

IF 0.4 Q4 ECONOMICS
Joshua D. Rauh, Robert Novy-Marx
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引用次数: 0

Abstract

State pensions are in a terrible way. What should be done? In exchange for closing defined-benefit plans to new workers and enrolling all new workers in Social Security, a state should be allowed to issue tax-subsidized bonds for pension funding, according to Joshua Rauh of Kellogg School of Management at Northwestern and Robert Novy-Marx at University of Chicago Booth School of Business.
养老金保障债券:解决国家养老金危机的新计划
国家养老金是一种可怕的方式。应该做些什么?根据西北大学凯洛格管理学院的Joshua Rauh和芝加哥大学布斯商学院的Robert Novy-Marx的观点,作为对新工人关闭固定收益计划并将所有新工人纳入社会保障的交换,一个州应该被允许发行税收补贴债券作为养老基金。
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来源期刊
Economists Voice
Economists Voice ECONOMICS-
CiteScore
1.10
自引率
25.00%
发文量
9
期刊介绍: This journal is a non-partisan forum for economists to present innovative policy ideas or engaging commentary on the issues of the day. Readers include professional economists, lawyers, policy analysts, policymakers, and students of economics. Articles are short, 600-2000 words, and are intended to contain deeper analysis than is found on the Op-Ed page of the Wall Street Journal or New York Times, but to be of comparable general interest. We welcome submitted Columns from any professional economist. Letters to the editor are encouraged and may comment on any Column or Letter. Letters must be less than 300 words.
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