This paper explores the impact of the illegal immigration on the U.S. economy in a context where the immigration phenomenon in this country is one of scale, taking into account its effects on the labor market, on consumption, budget equilibrium and American business. Nation founded by...

Many public pension systems worldwide are experiencing difficult economic period as its economy is in the period of financial crisis which affected to the social budget sustainability. Population aging and last decade economic circumstances are the factors the pension systems should overcome for...

Atypical work refers to employment relationships, which do not conform to the standard model of full-time job of unlimited duration with a single employer. They differ from the typical contract in terms of legal regulations as well as requirements and benefits the worker is entitled to. This...

Employment to population ratios differ markedly across Organization for Economic Cooperation and Development (OECD) countries, especially for people aged over 55 years. In addition, social security features differ markedly across the OECD, particularly with respect to features such as...

There has been consideration of alternative social security financing methods throughout the world during the last two decades. One alternative adopted in several countries is the privatization of so-called pay-as-you-go financing systems. The purpose of this study is to estimate social benefits...

This paper argues that the Social Security OASDI Trust Fund is widely misunderstood by the public, thereby corrupting the debate on how to handle future scheduled benefits, and increasing the risk of program changes that would not be accepted if people understood how the program functions. The...

In-depth analysis of problems confronting both the U.S. budget and job market, while presenting a logical remedy for each dilemma. Problems addressed include the growing entitlement spending caused by increased lifespan since passing Medicare and Social Security, military spending on overseas...

DURING THE PAST half century, retirement income security in the United States has been based on a combination of social security, employer sponsored pensions, and households’ own saving. Social security was intended to provide a retirement income base. Pensions generated additional retirement...

Since the 1990s reforms have changed substantially both the nature of state pension provision and the level of generosity. This article tries to assess the impact of these changes using estimates of pension wealth for a number of hypothetical cases. By focusing on all prospective pension...