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Title The distributional aspects of social security and social security reform / edited by Martin Feldstein and Jeffrey B. Liebman
Published Chicago : University of Chicago Press, 2002

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Description 1 online resource (x, 469 pages) : illustrations
Series A National Bureau of Economic Research conference report
National Bureau of Economic Research conference report.
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
Bibliography Includes bibliographical references and indexes
Notes English
Print version record
Subject Social security -- United States -- Congresses
Social security -- United States -- Finance -- Congresses
Pension trusts -- Investments -- United States -- Congresses
Privatization -- United States -- Congresses
POLITICAL SCIENCE -- Public Policy -- Social Security.
Pension trusts -- Investments
Privatization
Social security
Social security -- Finance
United States
Genre/Form Electronic books
Conference papers and proceedings
Form Electronic book
Author Feldstein, Martin S.
Liebman, Jeffrey B.
LC no. 2002016568
ISBN 9780226241890
0226241890
9780226241067
0226241068
1281125571
9781281125576
9786611125578
6611125574