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There is much public concern over the poor math performances of U.S. students compared to other developed countries. In this paper, we consider the role of instruction style in student performance on the math literacy portion of the OECD's PISA exam, specifically looking at the...
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In 2014, the annual Social Security Trustees Report removed measures of Social Security replacement rates, which represent Social Security retirement benefits as a percentage of pre-retirement earnings. The Trustees expressed concerns that the Social Security Administration's (SSA) actuaries'...
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After a protracted legal and political battle, on March 11, 2011, the Wisconsin state Legislature passed Act 10, the Budget Repair Act, which increased public employee contributions toward pensions and health coverage and restricted union powers of collective bargaining and dues collection. This...
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Financial advisors commonly use earnings replacement rates to assist workers in their retirement planning. Policymakers and analysts use them to gauge the adequacy of Social Security benefits and other retirement income in allowing retirees to maintain pre-retirement living standards. In recent...
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More than half of U.S. states are working to establish programs what would automatically enrollment in Individual Retirement Accounts (IRAs) workers who are not offered a retirement plan by their employer. But the designers of state-run auto-IRA plans fail to consider three questions: Do the...
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Data from the National Income and Product Accounts published by the US federal government make it possible to analyze the growth of state and local government employee compensation by state.
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