This report documents impacts on earnings and benefit outcomes during the third calendar year of implementation of the Social Security Administration's Benefit Offset National Demonstration (BOND). The report focuses on Stage 1, which is designed to examine how a national benefit offset would...

The importance of seignorage relative to other sources of government revenue differs markedly across countries. The main theoretical implication of this paper is that countries with more unstable and polarized political systems rely more heavily on seignorage. This result is obtained within the...

The importance of seignorage relative to other sources of government revenue differs markedly across countries. The main theoretical implication of this paper is that countries with more unstable and polarized political systems rely more heavily on seignorage. This result is obtained within the...