effects of privatizing social security, and a simple privatization proposal, the Personal Security System, to discuss other … issues associated with privatization. According to the AK Model, privatizing social security can create major long … compensated for losses from privatization. The precise size of the efficiency gain depends on the existing tax structure, linkage …

Criticisms of privatization have centered around the possibility that the observed higher profitability of privatized … and 1991 we find that privatized firms quickly bridge the pre-privatization performance gap with industry-matched control … groups. For example, privatization is followed by a 24 percentage point increase in the ratio of operating income to sales …

government employees and contracting out to private suppliers, also known as privatization. We examine empirically how United … laws restricting county spending encourage privatization, whereas strong public unions discourage it. The evidence is … by political patronage and taxpayer resistance to government spending in the privatization decision …