Similar Search Results

Medicare from the Perspective of Generational Accounting

Gokhale, Jagadeesh - 1998

U.S. policy changes and more optimistic fiscal forecasts have significantly improved the long-term fiscal prospects of the country. Nevertheless, these prospects remain dismal. Unless U.S. fiscal policy changes by a lot and very soon, our descendants will face rates of lifetime net taxation that...

Persistent link: https://www.econbiz.de/10012472215

Social Security and Medicare Policy From the Perspective of Generational Accounting

Auerbach, Alan J. - 1991

Our previous study (Auerbach, Gokhale and Kotlikoff 1991) introduced the concept of generational accounting, a method of determining how the burden of fiscal policy falls on different generations. it found that fiscal policy in the U.S. is out of balance, in terms of projected generational...

Persistent link: https://www.econbiz.de/10012475073

Are life insurance holdings related to financial vulnerabilities?

Bernheim, Bert Douglas; Carman, Katherine Grace; … - In: Economic inquiry : journal of the Western Economic … 41 (2003) 4, pp. 531-554

Persistent link: https://www.econbiz.de/10001827130

Changes in the Age Distribution of Income in the United States, 1968-1984

Boskin, Michael J. - 1985

Among the interesting changes in the U.S. economy in recent years have been the substantial changes in the age distribution of income and its components. These changes are interesting in and of themselves, but also are an important background against which to interpret aggregate economic...

Persistent link: https://www.econbiz.de/10012477313

Pubic Debt and U.S. Saving : A New Test of the Neutrality Hypothesis

Boskin, Michael J. - 1985

The substantial post war decline in the U.S. saving rate has added great impetus to the debate over whether public debt policy crowds out saving. Rather than attempting to reject specific saving models, empirical research on debt policy and savings has primarily focused on the impact of...

Persistent link: https://www.econbiz.de/10012477434

The International Economics of Transitional Growth : The Case of the United States

Kotlikoff, Laurence J. - 1981

This paper develops a general equilibrium two country, two commodity dynamic simulation model of international trade in commodities and financial claims. The model generalizes the Heckscher-Ohlin static theory of trade by incorporating costs of quickly adjusting levels of capital stocks in...

Persistent link: https://www.econbiz.de/10012478342

Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China

Fehr, Hans - 2005

China eventually becomes the world's saver and, thereby, the developed world's savoir with respect to its long-run supply of capital and long-run general equilibrium prospects. And, rather than seeing the real wage per unit of human capital fall, the West and Japan see it rise by one fifth by...

Persistent link: https://www.econbiz.de/10012467008

Simulating U.S. Tax Reform

Altig, David - 1997

This paper uses a new large-scale dynamic simulation model to compare the equity, efficiency, and macroeconomic effects of five alternative to the current U.S. federal income tax. These reforms are a proportional income tax, a proportional consumption tax, a flat tax, a flat tax with transition...

Persistent link: https://www.econbiz.de/10012472564

Understanding the Postwar Decline in U.S. Saving : A Cohort Analysis

Gokhale, Jagadeesh - 1996

elderly reflects the growth in Social Security, Medicare, and Medicaid benefits. The increase in the elderly's consumption … propensities may also reflect government policy, namely the fact that Social Security, Medicare, and Medicaid benefits are paid in … the form of annuities and that, in the case of Medicare and Medicaid, the annuities are in-kind and must, therefore, be …

Persistent link: https://www.econbiz.de/10012473277

Economic Exchange and Support Within U.S. Families

Kotlikoff, Laurence J. - 1992

This paper examines U.S. family exchange and support, its levels and trends. The paper points out the importance of demographics and geographic mobility in affecting the amount and form of family exchange. It then considers family economic exchange in the form of shared living. financial...

Persistent link: https://www.econbiz.de/10012474899