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Conference Paper
Government asset and liability management in an era of vanishing public debt
Bohn, Henning (2002)
Proceedings

Working Paper
Left behind: SSI in the era of welfare reform
Daly, Mary C.; Burkhauser, Richard V. (2003)
SSI was established in 1972, born out of a compromise at the time between those wanting to provide a guaranteed income floor and those wishing to limit it to individuals not expected to work: the aged, blind, and disabled. SSI is now the largest federal means-tested program in the United States, serving a population dominated by low-income adults and children with disabilities. With other forms of federal support devolving to state programs (e.g., welfare), policymakers pressing to redefine social expectations about who should and should not work, and the Americans with Disabilities Act ...
Working Paper Series , Paper 2003-12

Conference Paper
Demographics, Social Security reform, and labor supply
Devine, Theresa J. (1997)
Conference Series ; [Proceedings]

Working Paper
The effect of old-age insurance on male retirement : evidence from historical cross-country data
Johnson, Richard (2000)
I examine the effect of Old-Age Insurance systems on the labour supply of older men. Male retirement ages are crucial to the solvency of OAI systems. Historical data on participation rates and OAI rules in thirteen developed countries show rapid falls in participation among men aged 60-4 after pensions were extended to them. I estimate participation elasticities of -0.06 with respect to replacement rates and 0.19 to the net-of-tax wage. It does not appear that endogenous OAI changes bias the regression coefficients. The growth of OAI explains about 11 percent of the reduction in participation ...
Research Working Paper , Paper RWP 00-09

Journal Article
Reforming Social Security: a welfare analysis
Pecchenino, Rowena A.; Pollard, Patricia S. (1998-03)
Review , Issue Mar , Pages 19-30

Journal Article
Funding the future
Burke, William (1975)
FRBSF Economic Letter

Working Paper
Voting on social security: evidence from OECD countries
Breyer, Friedrich; Craig, Ben R. (1995)
An examination of the subset of public choice models for Social Security that have empirical implications. The data, collected from OECD countries for the years 1960, 1970, 1980 and 1990, show that higher median voter age, greater income heterogeneity, similarity in family size, and variables that make a public pension program profitable are all associated with a larger program.
Working Papers (Old Series) , Paper 9511

Journal Article
Live long and prosper: challenges ahead for an aging population
Groshen, Erica L.; Klitgaard, Thomas (2002-02)
Over the next thirty years, the percentage of people who are 65 and over will grow rapidly while the percentage of people in their working years will decline. This shift in the age distribution of the population will put enormous pressure on social security systems in the United States, Germany, and Japan as the number of workers whose payroll taxes fund each retiree drops sharply.
Current Issues in Economics and Finance , Volume 8 , Issue Feb

Working Paper
The effect of part-time work on wages: evidence from the Social Security rules
Aaronson, Daniel; French, Eric (2001)
This paper presents estimates of the part-time wage effect. It also shows that failure to account for the part-time wage effect leads to a downward biased estimate of labor supply elasticities of interest. Using three different datasets, we show that both work hours and wages drop sharply at ages 62 and 65. The Social Security rules produce strong incentives to reduce work hours at these ages. We present evidence that these sharp drops in work hours cause a drop in wages for men, although we find little evidence for a similar effect among women. Estimates indicate that, holding all else ...
Working Paper Series , Paper WP-01-20

Working Paper
Social insurance and transition
Kehoe, Patrick J.; Atkeson, Andrew (1995)
We evaluate the ability of models with putty-clay capital and stochastic energy prices to account for the dynamics of energy use and output. Economists have noted a close relationship between changes in the price of energy and changes in output. Moreover, they have documents that this relationship is asymmetric: energy price increases are associated with large output charges while energy prices decreases are associated with small output changes. Finally, following energy price changes, energy use adjusts slowly over time. Standard models with putty-putty capital fail to reproduce the features ...
Working Papers , Paper 547

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