2016 | OriginalPaper | Buchkapitel
Social Security: The Leaky Lifeboat
verfasst von : Christian E. Weller
Erschienen in: Retirement on the Rocks
Verlag: Palgrave Macmillan US
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Households have had a hard time saving enough for their future amid growing economic insecurity. Labor and financial markets have become more volatile over the past three decades, and households’ exposure to these risks has increased. This combination of rising risks and falling protections has contributed to increasing wealth inequality as especially households with high risk exposure have seen smaller savings gains than their counterparts.