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Generational Accounts - A Meaningful Alternative to Deficit Accounting

Auerbach, Alan J. - 1991

This paper presents a set of generational accounts (GAS) that can be used to assess the fiscal burden current generations are placing on future generations. The GAS indicate the net present value amount that current and future generations are projected to pay to the government now and in the...

Persistent link: https://www.econbiz.de/10012475431

Social Security's Treatment of Postwar Americans : How Bad Can It Get?

Gokhale, Jagadeesh - 1999

As currently legislated, the U.S. Social Security System represents a bad deal for postwar Americans. Of every dollar postwar Americans have earned or will earn over their lifetimes, over 5 cents will be lost to the Old Age Survivor Insurance System (OASI) in the form of payroll taxes paid in...

Persistent link: https://www.econbiz.de/10012471422

The Efficiency Gains from Social Security Benefit - Tax Linkage

Auerbach, Alan J. - 1985

This paper examines the efficiency gains from linking marginal Social Security benefits to marginal Social Security payroll taxes. In the U.S. the current combined employer-employee OASI payroll tax rate is 10.4 percent. Recent estimates suggest that the average marginal income tax rate is...

Persistent link: https://www.econbiz.de/10012477435

Simulating Alternative Social Security Responses to the Demographic Transition

Auerbach, Alan J. - 1984

The U.S. and other western economies are experiencing dramatic changes in growth and age structure of their populations. Fluctuations in birth rates are the most important determinants of these changes in the post war period. This paper examines the dynamic effects of baby "booms" and...

Persistent link: https://www.econbiz.de/10012477787

An Examination of Empirical Tests of Social Security and Savings

Auerbach, Alan J. - 1981

The effect of social security and other forms of government debt on national savings is one of the most widely debated policy questions in economics today. Some estimates suggest that social security has reduced U.S. savings by almost forty percent. This paper examines recent cross-section and...

Persistent link: https://www.econbiz.de/10012478385

Americans' Dependency on Social Security

Kotlikoff, Laurence J. - 2006

household's highest sustainable living standard taking into account the household's economic resources including its claims to … Social Security benefit cuts depends critically on the age of the household, when the cuts are announced, the size of the … cuts, the income of the household, and the degree to which the household is liquidity constrained. For our stylized …

Persistent link: https://www.econbiz.de/10012465964

Social security programs and retirement around the world : reforms and retirement incentives

Börsch-Supan, Axel (ed.); Coile, Courtney (ed.) - National Bureau of Economic Research - 2020

"This ninth volume of the International Social Security series, which studies the social security and retirement experiences of 12 developed countries, examines the effects of pension reform on employment at older ages. In the two decades since the project began, a dramatic decline in men's...

Persistent link: https://www.econbiz.de/10012199929

Social Security : Privatization and Progressivity

Kotlikoff, Laurence J. - 1998

This paper uses a large-scale overlapping generations model that features intragenerational heterogeneity to show that privatizing the U.S. Social Security System could be done on a progressive basis. We start with a close replica of the current system; specifically, we include Social Security's...

Persistent link: https://www.econbiz.de/10012472380

Simulating the Privatization of Social Security in General Equilibrium

Kotlikoff, Laurence J. - 1996

This paper studies the macroeconomic and efficiency effects of privatizing social security. It does so by simulating alternative privatization schemes using the Auerbach-Kotlikoff Dynamic Life-Cycle Model. The simulations indicate three things. First, privatizing social security can generate...

Persistent link: https://www.econbiz.de/10012473058

Privatization of Social Security : How It Works and Why It Matters

Kotlikoff, Laurence J. - 1995

This paper uses the Auerbach-Kotlikoff Dynamic Life-Cycle Model (AK Model) to examine the macroeconomic and efficiency effects of privatizing social security, and a simple privatization proposal, the Personal Security System, to discuss other issues associated with privatization. According to...

Persistent link: https://www.econbiz.de/10012473540