Thu Mar 24 15:44:38 EST 2005
Does anybody have an quick answer to the question of why the Garrett and
Rhine study and the Shiller paper reach such different results?
Presumably, if Garrett and Rhine were my financial advisors, they would
tell me to participate in the personal accounts, while Shiller would tell
me to stay away from them. Or am I misinterpreting one or another of these
two papers?
Daniel Bachman
Deputy Director, Office of Policy Development
U.S. Department of Commerce
email: daniel.bachman at esa.doc.gov