This policy note documents the adverse effects of the reliance on financialization rather than social insurance in OECD countries.
Author: Teresa Ghilarducci, Amanda Novello
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Financialized retirement systems, like defined contribution (DC) plans in the U.S., shift market risk away from employers and governments to individuals.
This policy note documents the adverse effects of the reliance on financialization rather than social insurance in OECD countries.
Author: Teresa Ghilarducci, Amanda Novello
Download PDF
SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.