The enormous growth in both Social Security and private pension plans has stimulated much interest in the impact of these retirement programs on individual saving behavior and the level of national saving. The first issue is the extent to which employees covered by pension plans reduce their own...

The results of this study indicate that minority applicants, on average, do have greater debt burdens, higher loan-to-value ratios, and weaker credit histories and they are less likely to buy single-family homes than white applicants, and that these disadvantages do account for a large portion...

The U.S. Treasury estimates that personal income tax receipts in fiscal 1992 would be $51 billion higher without the special provisions accorded employer-sponsored pension plans. Pension provisions, in fact, were the single largest item in the tax expenditure budget. Like most other tax...