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How much does the current social security system really redistribute from rich to poor? We use the PSID to estimate lifetime wage profiles and actual earnings each year for a sample of 1778 individuals, and we use mortality probabilities to calculate expected payroll taxes and social security...
Persistent link: https://www.econbiz.de/10012471254
In this paper we assess the degree to which the current social security system redistributes income from rich to poor. We then estimate the impact of various proposed changes to social security on the overall redistributive effect of the system. Our analysis takes a steady state approach in...
Persistent link: https://www.econbiz.de/10012471811
Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole, this paper focuses more specifically on how Social Security affects the poor. This question is important because a Social Security program that reduces overall inequality by...
Persistent link: https://www.econbiz.de/10012463579
Persistent link: https://www.econbiz.de/10011890850
Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries. But are there alternative social protection policies that might have larger poverty impacts over time for the same public expenditure? To explore this question, this paper...
Persistent link: https://www.econbiz.de/10012455966
Frontmatter -- Contents -- Acknowledgments -- Introduction / Barrett, Christopher B. / Carter, Michael R. / Chavas, Jean-Paul -- I. Nutrition, Health, and Human Capital Formation -- 1 Human Capital and Shocks. Evidence on Education, Health, and Nutrition / Frankenberg, Elizabeth / Thomas, Duncan...
Persistent link: https://www.econbiz.de/10014479780