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Title The distributional aspects of social security and social security reform / edited by Martin Feldstein and Jeffrey B. Liebman.

Publication Info. Chicago : University of Chicago Press, 2002.

Item Status

Description 1 online resource (x, 469 pages) : illustrations.
Physical Medium polychrome
Description text file
Series A National Bureau of Economic Research conference report
National Bureau of Economic Research conference report.
Note "The papers in the present volume were presented at a conference in Woodstock, Vermont in October 1999"--Preface.
Bibliography Includes bibliographical references and indexes.
Contents Redistribution in the current U.S. Social Security system / Jeffrey B. Liebman -- Guaranteed income: SSI and the well-being of the elderly poor / Kathleen McGarry -- The impact of Social Security and other factors on the distribution of wealth / Jagadeesh Gokhale, Laurence J. Kotlikoff -- Social Security and inequality over the life cycle / Angus Deaton, Pierre-Olivier Gourinchas, Christina Paxson -- Long-run effects of Social Security reform proposals on lifetime progressivity / Julia Lynn Coronado, Don Fullerton, Thomas Glass -- Social Security's treatment of postwar Americans: how bad can it get? Jagadeesh Gokhale, Laurence J. Kotlikoff -- The distributional effects of an investment-based Social Security system / Martin Feldstein, Jeffrey B. Liebman -- Distributional effects in a general equilibrium analysis of Social Security / Laurence J. Kotlikoff, Kent Smetters, Jan Williser -- The economics of bequests in pensions and Social Security / Martin Feldstein, Elena Ranguelova -- Differential mortality and the value of individual account retirement annuities/ Jeffrey R. Brown.
Summary Social security is the largest and perhaps the most popular program run by the federal government. Given the projected increase in both individual life expectancy and sheer number of retirees, however, the current system faces an eventual overload. Alternative proposals have emerged, ranging from reductions in future benefits to a rise in taxrevenue to various forms of investment-based personal retirement accounts. As this volume suggests, the distributional consequences of these proposals are substantially different and may disproportionately affect those groups who depend on social security to avoid poverty in old age. Together, these studies persuasively show that appropriately designed investment-based social security reforms can effectively reduce the long-term burden of an aging society on future taxpayers, increase the expected future income of retirees, and mitigate poverty rates among the elderly.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Social security -- United States -- Congresses.
Social security.
United States.
Social security -- Finance -- United States -- Congresses.
Social security -- Finance.
Pension trusts -- Investments -- United States -- Congresses.
Pension trusts -- Investments.
Privatization -- United States -- Congresses.
Privatization.
Genre/Form Electronic books.
Conference papers and proceedings.
Conference papers and proceedings.
Added Author Feldstein, Martin S.
Liebman, Jeffrey B.
Other Form: Print version: Distributional aspects of social security and social security reform. Chicago : University of Chicago Press, 2002 (DLC) 2002016568
ISBN 9780226241890 (electronic book)
0226241890 (electronic book)
9780226241067 (cloth ; alkaline paper)
0226241068 (cloth ; alkaline paper)
1281125571
9781281125576
0226241068 (cloth ; alkaline paper)