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The Automatic Stabilizing Effects of Social Security and 401(k) Plans
Schwartz Center for Economic Policy Analysis, The New School for Social Research Dec. 21, 2011 The comparative study examines how large pension institutions impact the long-term business cycle. It compared the effects of Social Security against market-based retirement vehicles such as 401(k) plans. The size of both these systems gives them a significant influence on the economy. |
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