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We find that three factors — (1) population growth, (2) the growth in the proportion of women insured for disability, and (3) the movement of the large baby boom generation into disability-prone ages — explain 90 percent of the growth in new disabled-worker entitlements over the 36-year...
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This article examines the Social Security trust fund reserves and cash flows and their interrelationships with the Treasury's cash management operations and the budget of the rest of the federal government. The article considers the extent to which the trust fund reserves and interest income...
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Trends in employment and earnings patterns in the population, particularly the increase in the number of two-earner couples, create a hurdle for the long-term modeling of Social Security, because benefits are intricately related to employment and earnings. The spouse and widow benefits of women...
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