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Risk aspects of investment-based social security reform Normalmente disponibile in 7/8 giorni lavorativi |
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DescrizioneAs the ratio of retirees to taxpayers increases, concern about the high cost of providing benefits in a pay-as-you-go system has led to economists offering alternatives, one of which involves the investment in stocks and bonds of a person's holdings. This work examines the risks of such systems.
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