Conference Paper
Is there a shortfall in public capital investment? An overview
Munnell, Alicia H. (1990)
Conference Series ; [Proceedings] , Volume 34 , Pages 1-20

Working Paper
What is the impact of pensions on saving?
Munnell, Alicia H.; Yohn, Frederick O. (1991)
The enormous growth in both Social Security and private pension plans has stimulated much interest in the impact of these retirement programs on individual saving behavior and the level of national saving. The first issue is the extent to which employees covered by pension plans reduce their own direct saving in response to expected retirement benefits; the response of individuals to guaranteed retirement income will determine, to a large extent, their well-being in retirement. For a nation concerned about saving and capital formation, the second issue is the impact of collectivized ...
Working Papers , Paper 91-5

Journal Article
Lessons from the income maintenance experiments: an overview
Munnell, Alicia H. (1987-05)
New England Economic Review , Issue May , Pages 32-45

Monograph
The labor supply of older American men
Munnell, Alicia H.; Sass, Steven A. (2007)
This chapter summarizes what is known about the labor supply of older American men, defined as those aged 55 years and over. The topic is of great interest because in the coming decades older individuals will comprise a much greater portion of the U.S. population, so the labor supply of older adults will have a significant impact on national output, tax revenues, and the cost of means-tested programs. Most importantly, a greater proportion of older individuals will need to remain in the workforce than is the present case, because the retirement income system is contracting and working longer ...
Monograph , Paper 52

Journal Article
The current status of our social welfare system
Munnell, Alicia H. (1987-07)
New England Economic Review , Issue Jul , Pages 3-12

Journal Article
Why has productivity growth declined? Productivity and public investment
Munnell, Alicia H. (1990-01)
The decline in United States productivity has been widely identified as one of the major economic problems facing the nation. This concern is understandable; productivity growth is the major determinant of the future standard of living. Economists have gone to great lengths to try to identify the reasons for the slowdown, and David Aschauer recently introduced the notion that the stock of public infrastructure, as well as the stock of private capital, may be a key to explaining changes in output from the private sector. ; This study builds upon Aschauers insight and explores whether changes ...
New England Economic Review , Issue Jan , Pages 3-22

Journal Article
Public versus private provision of retirement income
Munnell, Alicia H. (1988-05)
New England Economic Review , Issue May , Pages 51-58

Journal Article
The influence of housing and durables on personal saving
Kopcke, Richard W.; Munnell, Alicia H.; Cook, Leah M. (1991-11)
The rate of national saving declined sharply in the 1980s. Some of the explanations for this puzzling performance have considered the influence of capital gains, a reduction in the need for precautionary saving, a decline in the need for retirement saving, the effect of slower income growth, and a host of other factors. ; This article explores the relationship between personal saving and the treatment of owner-occupied housing and consumer durable goods in the national income and product accounts. It examhaes the potential consequences of understating the returns on owner-occupied houses and ...
New England Economic Review , Issue Nov , Pages 3-16

Working Paper
Mortgage lending in Boston: interpreting HMDA data
McEneaney, James; Browne, Lynn E.; Tootell, Geoffrey M. B.; Munnell, Alicia H. (1992)
The results of this study indicate that minority applicants, on average, do have greater debt burdens, higher loan-to-value ratios, and weaker credit histories and they are less likely to buy single-family homes than white applicants, and that these disadvantages do account for a large portion of the difference in denial rates. Including the additional information on applicant and property characteristics reduces the disparity between minority and white denials from the originally reported ratio of 2.7 to 1 to roughly 1.6 to 1. But these factors do not wholly eliminate the disparity, since ...
Working Papers , Paper 92-7

Journal Article
Does a trend toward early retirement create problems for the economy?
Burtless, Gary; Munnell, Alicia H. (1990-11)
Many politicians, gerontologists, and editorial writers have come to deplore the trend toward early retirement. This trend, which began after World War II and accelerated in the 1960s and 1970s, has led to a dramatic decline in work effort and earnings among the elderly. Opponents of early retirement believe that keeping people in the work force longer will raise the nations output, reduce the costs of Social Security, and improve the well-being of older Americans. ; This article takes a closer look at the economic arguments behind the widespread call for continued employment of older ...
New England Economic Review , Issue Nov , Pages 17-32