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Which economist proposed the idea of SeLFIES bond?
  • a)
    Robert Merton
  • b)
    Raghuram Rajan
  • c)
    Adam Smith
  • d)
    Paul Krugman
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which economist proposed the idea of SeLFIES bond?a)Robert Mertonb)Rag...
Robert Merton proposed the idea of SeLFIES bond.
  • It stands for Standard of Living indexed, Forward-starting, Income only Securities Bond
  • These bonds are inflation adjusted.
  • The Govt would issue SeLFIES bond and workers would buy it
  • It is Standard of living indexed and hence the workers need not to worry about his future after retirement.
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Which economist proposed the idea of SeLFIES bond?a)Robert Mertonb)Raghuram Rajanc)Adam Smithd)Paul KrugmanCorrect answer is option 'A'. Can you explain this answer?
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