This chapter reviews the theoretical and empirical issues dealing with Social Security
pensions. The first part of the chapter discusses pure pay-as-you-go plans. It considers the …

The US population is aging. Social Security projections suggest that between 2013 and
2050, the population aged 65 and over will almost double, from 45 million to 86 million. One …

The question of whether higher–lifetime income households save a larger fraction of their
income was the subject of much debate in the 1950s and 1960s, and while not resolved, it …

The publication of this book is in large part due to the role of Canada's Inter national
Development Research Center (IDRC) in encouraging policy-relevant research in the fields …

The Theory of Taxation and Public Economics presents a unified conceptual framework for
analyzing taxation--the first to be systematically developed in several decades. An original …

Abstract We use the 2003 Consumer Expenditure Survey and emissions estimates from an
input-output model based on the 1997 US economy to estimate the incidence of a price on …

We classify social security pension systems in three dimensions: actuarial versus non-
actuarial, funded versus unfunded, and defined-benefit versus defined-contribution systems …

Social insurance programs have become the most important, the most expensive, and often
the most controversial aspect of government domestic policy, not only in the United States …

Using panel data on individual labor income histories from 1957 to 2013, we document two
empirical facts about the distribution of lifetime income in the United States. First, from the …

Older Americans have experienced dramatic gains in life expectancy in recent decades, but
an emerging literature reveals that these gains are accumulating mostly to those at the top of …