Alicia Munnell, head of the Center for Retirement Research at Boston College.
Discussions are afoot as a prelude for the government to possibly offer to compensate companies substantially to keep employees on their payroll — though not working — as a better alternative to laying them off and "tossing them out into the unemployment insurance line," Alicia Munnell, Boston College management sciences professor and director of its Center for Retirement Research, tells ThinkAdvisor in an interview.
Denmark, the U.K. and other countries have such programs. Why not America, argues Munnell, who says that both conservatives and liberals favor the notion. The potential sticking point: Just how much compensation would companies receive?
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Katie Rass
Katie Rass is executive managing editor of ThinkAdvisor, where she oversees copy editing and content strategy. She joined the site as managing editor in 2012 from Dow Jones Newswires, where she covered corporate earnings and other financial news. Earlier, Katie worked at The New York Times News Service, where her work on publications including The International Weekly and The Times Digest was seen by millions of readers around the world and on the International Space Station. She did a stint on the financial desk of The International Herald Tribune, now The International New York Times, in Paris, where she edited front-page news on the euro crisis. Katie started her career at the Eau Claire Leader-Telegram as a reporter and editor while earning a bachelor's degree in journalism and Spanish at the University of Wisconsin-Eau Claire. She is an alumna of the Dow Jones News Fund editing internship program.
