Back to Search Start Over

Social security investment in equities

Authors :
Diamond, Peter
Geanakoplos, John
Source :
American Economic Review. Sept, 2003, Vol. 93 Issue 4, p1047, 28 p.
Publication Year :
2003

Abstract

The implications of diversification in social security portfolios are discussed. It is observed that if the portfolio is not well diversified, there is scope for investment in risky investments, which eventually increases the weighted social welfare function. The effects of technology on the aggregate investment and long-term asset values are also discussed.

Details

Language :
English
ISSN :
00028282
Volume :
93
Issue :
4
Database :
Gale General OneFile
Journal :
American Economic Review
Publication Type :
Academic Journal
Accession number :
edsgcl.129524873