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Social Security Reform in the US: Lessons from Hungary
Simonovits, András - 2006
The partial privatization of the US Social Security system was clearly the top economic policy priority for the new Bush administration. While many famous economists, publicists and politicians support, others reject the partial privatization of the Social Security system. The international...
Persistent link: https://www.econbiz.de/10010494349
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Social Security Reform in the US: Lessons from Hungary
Simonovits, András - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2006
The partial privatization of the US Social Security system was clearly the top economic policy priority for the new Bush administration. While many famous economists, publicists and politicians support, others reject the partial privatization of the Social Security system. The international...
Persistent link: https://www.econbiz.de/10005590057
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What Ownership Society: Debating Housing and Social Security Reform in the United States
Béland, Daniel - Department of Economics, McMaster University - 2006
over President Bush's "ownership society" in the fields of housing and pensions, this article underlines the relationship …
Persistent link: https://www.econbiz.de/10005635200
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The Politics of Social Policy Reform in the United States: The Clinton and the W. Bush Presidencies Reconsidered
Béland, Daniel; Waddan, Alex - Department of Economics, McMaster University - 2008
The purpose of this paper is to examine what key reform attempts during the Bill Clinton and George W. Bush presidencies reveal about the wider possibilities for social policy change in the United States. Most particularly, why were Presidents Clinton and Bush able to achieve their goals in some...
Persistent link: https://www.econbiz.de/10005763259
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Le système de retraite américain: entre fragmentation et logique financière
Béland, Daniel - Department of Economics, McMaster University - 2007
This paper shows that, beyond the institutional stability of Social Security, changes in the private sector as well as the emergence of a new financial paradigm have transformed both the U.S. pension system and the political debate about its future. Although no major reform of Social Security...
Persistent link: https://www.econbiz.de/10005181077
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U.S. pensions in the 2000s : the lost decade?
Wolff, Edward N. - In: The review of income and wealth : journal of the … 61 (2015) 4, pp. 599-629
Persistent link: https://www.econbiz.de/10011623877
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The commitment value of prefunded pensions
Garon, Jean-Denis - 2015
This paper studies how prefunding public pensions can improve policy outcomes when short-sighted governments cannot … commit. We focus on sustainable plans, where optimal nonlinear pensions are not reneged on by sequential governments …. Prefunding pensions is a commitment mechanism. It implies lower contributions than does the second best policy, which reduces …
Persistent link: https://www.econbiz.de/10011405644
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Population aging, social security and fiscal limits
Heer, Burkhard; Polito, Vito; Wickens, Michael R. - 2018
We study the sustainability of pension systems using a life-cycle model with distortionary taxation that sets an upper limit to the real value of tax revenues. This limit implies an endogenous threshold dependency ratio, i.e. a point in the cross-section distribution of the population beyond...
Persistent link: https://www.econbiz.de/10011864671
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Wealth concentration in the United States using an expanded measure of net worth
Jacobs, Lindsay; Llanes, Elizabeth; Moore, Kevin; … - 2021 - This version: April 2021
Defined benefit (DB) pensions and Social Security are two important resources for financing retirement in the United … that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions …
Persistent link: https://www.econbiz.de/10012584693
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Declining natural interest rate in the US : the pension system matters
Bonchi, Jacopo; Caracciolo, Giacomo - 2021
Persistent link: https://www.econbiz.de/10012612965