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Does Social Security Privatization Produce Efficiency Gains [i] (April 2005)

handle is hein.congrec/cbo0830 and id is 1 raw text is: Working Paper Series Congressional Budget Office Washington, DC DOES SOCIAL SECURITY PRIVATIZATION PRODUCE EFFICIENCY GAINS? Shinichi Nishiyama Conigressional Budget Office Washington, DC E-mail: shinichi.nishiyama@cbo.gov Kent Smelters University of Pennsylvania & NBER Philadelphia, PA E-mail: smetters@wharton.upenn.edu April 2005 2005-04 Working papers In this series are preliminary and are circulated to stimulate discussion and critical comment. These papers are not subject to CBO's formal review and editing processes. The analysis and conclusions expressed in them are those of the authors and should not be Interpreted as those of the Congressional Budget Office. References in publications should be cleared with the authors. Papers in this series can be obtained at www.cbo.govltech.cfm,

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