Seminar Paper No . 686 FIVE FALLACIES IN THE SOCIAL SECURITY
نویسنده
چکیده
This paper discusses five examples of the conventional wisdom that has often been expressed in the social security debate, even among academic economists. These are: 1. The major problem in most social security systems is that of demography: people simply live too long. 2. Disregarding the issue of demography, a Pay-As-You-Go system is inferior to a fully funded system since the former usually has a lower rate of return. 3. Disregarding the portfolio aspect (which might favor a PAYG system), a funded system dominates a PAYG system in a world of certainty. 4. The social security system is a suitable instrument for intergenerational risk-sharing. 5. The government is a safe and reliable provider of insurance. ∗ I am indebted to Olivia S. Mitchell and Hiroshi Yoshida for valuable comments on an earlier version of this paper
منابع مشابه
A Relationship between Social Capital and the Feeling of Security in Tehran
This paper tries to analyze the relationship between social capital(separating this capital to there areas, within group, out group and communicational) to the feeling of security. Through mixed cluster and classified sampling 22 restricts of Tehran and more than 2000 people were chosen totally. The results show that there is a significant relationship between the place of living, marriage, occ...
متن کاملThe Relationship between Iranian EFL Learners’ Linguistic and Logical Intelligences and the Frequency of Fallacies and Evidence in their Argumentative Writing: A Gender-based Study
The learners’ ability to write a well-organized argumentative essay has gained prominence within the last decades. The multiple intelligences play a significant role in enhancing the precision of both language and thought during the writing process. The current study aimed at investigating the possible relationship between linguistic and logical intelligences and the frequency of informal falla...
متن کاملA Study on the Social Capital Components and its Impact on Women Security
Studying the relationship between social capital and social security is special importance particularly for women in urban space to approach a sustainable urban society. The main aim of this paper is to survey the impact of social capital components on women in a neighborhood scale. The methodology of the research is based on descriptive-analytical methods by conducting a field study to complet...
متن کاملSocial determinants of health: a view on theory and measurement.
The theory and measurement of the social determinants of health featured in a three-part seminar series on Social Determinants of Health, Law and Policy held at the Taubman Center for Public Policy, Brown University in February 2012. The seminar series represents a broader commitment to engage the public, health providers, researchers, and policy makers in dialogue for the purposes of identifyi...
متن کاملIs Retirement Depressing?: Labor Force Inactivity and Psychological Well-Being in Later Life
This paper assesses how retirement defined as permanent labor force non-participation in a man’s mature years affects psychological welfare. The raw correlation between retirement and well-being is negative. But this does not imply causation. In particular, people with idiosyncratically low well-being, or people facing transitory shocks which adversely affect well-being might disproportionately...
متن کامل