“Norway has thought long and hard about investment policy and transparency,” says Kurt Winkelmann. Norway’s sovereign wealth fund embraces the discipline of publishing every relevant piece of information to the public. The managers are unusually open about the fund’s investment objectives and investment considerations.
Minnesota public employee pensions are among the 10 worst-funded in the nation, according to a report released last year by Bloomberg News. Plotting ways to measure the problem and find a path to dealing with it now guides the research of Kurt Winkelmann, a Heller-Hurwicz Economics Institute senior fellow.
Is it possible to map a transition path from the current U.S. retirement system to one that improves the prosperity of both current and future generations at all income levels? Learn more about the latest research from Ellen McGrattan.