The distributional aspects of social security and social security reform [[electronic resource] /] / edited by Martin Feldstein and Jeffrey B. Liebman

• Pubblicazione: Chicago, : University of Chicago Press, 2002
• Descrizione fisica: 1 online resource (481 p.)
• Disciplina: 368.4/3/00973
• Soggetto topico: Social security - United States; Social security - United States - Finance; Pension trusts - Investments - United States; Privatization - United States
• Soggetto non controllato: change, progress, economy, economics, welfare, safety net, government, federal, retirement, poverty, life expectancy, retiree, pension, benefits, taxes, revenue, united states, usa, america, american, politics, political, investment, account, proposal, distribution, aging, privatization, income, wealth, money, monetary, healthcare, inequality, mortality
• Altri autori: FeldsteinMartin S LiebmanJeffrey B
• Note generali: "The papers in the present volume were presented at a conference in Woodstock, Vermont in October 1999"--pref.
• Nota di bibliografia: Includes bibliographical references and indexes.
• Nota di contenuto: Front matter -- Contents -- Preface -- Introduction -- 1. Redistribution in the Current U.S. Social Security System -- 2. Guaranteed Income: SSI and the Well-Being of the Elderly Poor -- 3. The Impact of Social Security and Other Factors on the Distribution of Wealth -- 4. Social Security and Inequality over the Life Cycle -- 5. Long-Run Effects of Social Security Reform Proposals on Lifetime Progressivity -- 6. Social Security's Treatment of Postwar Americans: How Bad Can It Get? -- 7. The Distributional Effects of an Investment-Based Social Security System -- 8. Distributional Effects in a General Equilibrium Analysis of Social Security -- 9. The Economics of Bequests in Pensions and Social Security -- 10. Differential Mortality and the Value of Individual Account Retirement Annuities -- Appendix: Estimating Life Tables That Reflect Socioeconomic Differences in Mortality -- Contributors -- Author Index -- Subject Index
• Sommario/riassunto: 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 tax revenue 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.
• Titolo autorizzato: The distributional aspects of social security and social security reform
• ISBN: 1-281-12557-1; 9786611125578; 0-226-24189-0
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910784713003321
• Lo trovi qui: Univ. Federico II
• Serie: National Bureau of Economic Research conference report.