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receives an annual benefit more than $1,800 larger than would have been generated with full indexing. While the inflation …This paper examines five problems with the indexing procedures used by the Social Security Administration of the United … States in taking inflation into account when calculating Old Age and Survivor Insurance (OASI) Benefits. Because of the …
Persistent link: https://www.econbiz.de/10010298623
This paper examines five problems with the inflation indexing procedures used by the Social Security Administration of … indexing. As a result of Problems #2 and #4 your OASI check will be larger if wage inflation happens to be extra high in your … 60th year or if price inflation is exceptionally low in your 61st year. Because of the indexing problems, the percentage …
Persistent link: https://www.econbiz.de/10010298570
This paper examines five problems with the inflation indexing procedures used by the Social Security Administration of … indexing. As a result of Problems #2 and #4 your OASI check will be larger if wage inflation happens to be extra high in your … 60th year or if price inflation is exceptionally low in your 61st year. Because of the indexing problems, the percentage …
Persistent link: https://www.econbiz.de/10005083404
The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to … reduce both future shocks and vulnerability to shocks. Inflation affects the typical savings cum pension portfolio and the …, which tend to increase with age, aggravate the psychological trauma associated with inflation. The decline of traditional …
Persistent link: https://www.econbiz.de/10009363830
The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to … reduce both future shocks and vulnerability to shocks. Inflation affects the typical savings cum pension portfolio and the …, which tend to increase with age, aggravate the psychological trauma associated with inflation. The decline of traditional …
Persistent link: https://www.econbiz.de/10008590959
which indexing Social Security benefits to the CPI-E, an experimental measure of inflation for the elderly, would change …Social Security is widely believed to protect its recipients from inflation because benefits are indexed to the …
Persistent link: https://www.econbiz.de/10010616124
This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …
Persistent link: https://www.econbiz.de/10010326045
This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …
Persistent link: https://www.econbiz.de/10011382085
Public pensions are indexed to prices or wages or to their combinations; therefore, the impact of inflation on the real …/decelerating inflation like currently prevailing in Hungary, however, this is not the case. (i) With fast inflation of basic necessities …) With accelerating inflation, the declining real value of delayed initial benefits may incite immediate retirement. (iv …
Persistent link: https://www.econbiz.de/10014454694
subsequent sharp rise in inflation, including food price inflation. To better understand the conditions of food insecurity and … the impacts of inflation and other drivers of food insecurity in developing Asia, we carried out a household survey in … to experience food insecurity. Second, households that experienced high inflation, including food price inflation, also …
Persistent link: https://www.econbiz.de/10015070923