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Social Security Reform in 2005 and Beyond

Moore, Kathryn L. - 2007

Social Security reform started out with a bang in 2005. President Bush made it the centerpiece of his 2005 State of the Union address, and he spent the early months of the year on a 60-day, 60-city tour around the country in which he touted his pet project of creating Social Security...

Persistent link: https://www.econbiz.de/10012777592

Anyone for social security reform?

Sen, Partha - 2016

A reform of a pay-as-you-go social security makes the pensioners worse off and the working generations better off in the period of the reform (in a dynamically efficient economy without altruism). The observed reluctance across all age groups to support such reforms is usually explained by the...

Persistent link: https://www.econbiz.de/10011518174

Political (In)Stability of Social Security Reform

Makarski, Krzysztof - 2016

We analyze the political stability of welfare enhancing privatization of the social security. We consider an economy …

Persistent link: https://www.econbiz.de/10012999844

Essays on Social Security Reform and Multi-Pillar Pension Plans

Bernstein, David P. - 2010

This paper contains nine different essays on Social Security reform and multi-pillar pension plans. The nine topics are: 1. Transition costs2. Progressive indexation3. Government guarantees on private accounts4. Life cycle investing5. Impact of add-on accounts on Social Security solvency6....

Persistent link: https://www.econbiz.de/10013152915

Increasing Longevity and Social Security Reforms

Andersen, Torben M. - 2021

Increasing longevity causes an upward trend in the dependency ratio in many countries. This raises concerns about the financial sustainability of social security schemes, and reform initiatives and proposals abound. It is shown that a fundamental policy choice inevitably arises since a given...

Persistent link: https://www.econbiz.de/10013317447

Social Security Reform and Intergenerational Trade : Is There Scope for a Pareto-Improvement?

Koethenbuerger, Marko; Poutvaara, Panu - 2021

In earlier literature, the suggested Pareto improvements in pay-as-you-go (PAYG) systems have relied on the presence of externalities or the possibility of intragenerational redistribution. We show that neither assumption is necessary in an economy with intergenerational trade in a fixed factor...

Persistent link: https://www.econbiz.de/10013320346

Comparing Social Security Reform Options

Copeland, Craig - 2005

The Social Security program has received a great deal of attention recently as President Bush has been pushing for the inclusion of individual accounts within the program. The president has not specified a detailed proposal, but one of the reform models (Model 2) that was outlined by his...

Persistent link: https://www.econbiz.de/10014028037

Macroeconomic Effects of Social Security Privatization in a Small Unionized Economy

Adam, Antonis - 2021

This paper analyses the effects of a pension system privatization in a unionized economy. Using an overlapping … state may result in lower levels of employment and capital stock. In this case even if the privatization increases the … higher employment then a Pareto-improving pension privatization scheme can be constructed …

Persistent link: https://www.econbiz.de/10013318796

Illusory gains from privatizing social security when reform is politically unstable

Bielecki, Marcin; Makarski, Krzysztof; Tyrowicz, Joanna - In: Peace economics, peace science and public policy 24 (2018) 2, pp. 1-12

Persistent link: https://www.econbiz.de/10011862797

Privatization : Not the Answer for Social Security Reform

Jefferson, Regina T. - 2010

This article analyzes the impact of privatization on the existing Social Security program. Part I describes the current … program and identifies the most critical issues - pre-funding, diversification, and privatization - in the reform debate. Part … explores the impact of privatization on the public welfare function of Social Security and examines some of the weaknesses of …

Persistent link: https://www.econbiz.de/10014126083

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