Lovell, Michael C. - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-3, pp. 1-41
This paper examines five problems with the indexing procedures used by the Social Security Administration of the United … receives an annual benefit more than $1,800 larger than would have been generated with full indexing. While the inflation … indexing problems identified in this paper do not attract much attention in normal times, they can contribute to serious short …