Lovell, Michael C. - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-3, pp. 1-41
This paper examines five problems with the indexing procedures used by the Social Security Administration of the United States in taking inflation into account when calculating Old Age and Survivor Insurance (OASI) Benefits. Because of the commin-gling of unindexed with indexed earnings, a...
