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Keywords:Social security 

Journal Article
A simple proposal for privatizing Social Security

An argument that shifting to a privatized, funded and contribution-based Social Security system could provide undiminished benefits to current retirees while simultaneously preserving the promise of a secure retirement for today's workers and their descendants.
Economic Commentary , Issue May

Working Paper
The effects of health, wealth, and wages on labor supply and retirement behavior

This paper analyzes the effects of wages and the Social Security System on labor supply over the life cycle. I present a model of labor supply and retirement behavior that includes a saving decision, uncertainty, and a non-negativity constraint on assets. Using data from the Panel Study of Income Dynamics, I estimate life cycle profiles for labor force participation rates, hours worked, and assets. Using the Method of Simulated Moments, I match the estimated profiles to profiles simulated by a dynamic structural model. Estimated parameters produce simulated profiles that match many aspects of ...
Working Paper Series , Paper WP-00-2

Journal Article
The real population problem: too few working, too many retired

It's not the total number of people that should be causing worry, but the number of retired people relative to those still working. Across the world, the ranks of retirees are swelling and the ranks of those working - and paying taxes to support retirees - are not keeping up.
The Regional Economist , Issue Apr , Pages 4-9

Journal Article
Statement to Congress, January 28, 1999 (social security)

Federal Reserve Bulletin , Issue Mar

Journal Article
Funding the future

FRBSF Economic Letter

Conference Paper
Solutions for developed economies

Proceedings - Economic Policy Symposium - Jackson Hole

Discussion Paper
Social Security and unsecured debt

Most young households simultaneously hold both unsecured debt on which they pay an average of 10 percent interest and social security wealth on which they earn less than 2 percent. We document this fact using data from the Panel Study of Income Dynamics. We then consider a life-cycle model with ?tempted? households, who find it impossible to commit to an optimal consumption plan and ?disciplined? households who have no such problem, and we explore ways to reduce this inefficiency. We show that allowing households to use social security wealth to pay off debt while exempting young households ...
Public Policy Discussion Paper , Paper 04-10

Conference Paper
Demographics, Social Security reform, and labor supply

Conference Series ; [Proceedings]

Working Paper
The mis-measurement of permanent earnings: new evidence from Social Security earnings data

This study investigates the reliability of using short-term averages of earnings as a proxy for permanent earnings in empirical research. An earnings dynamics model is estimated on a large sample of men covering the period from 1983 to 1997 following the cohort-based methodology of Baker and Solon (1999). The analysis uses a unique dataset that matches men in the 1984, 1990 and 1996 Surveys of Income and Program Participation (SIPP) to the Social Security Administration's Summary Earnings Records (SER). The results confirm that using a short-term average of earnings can lead to spurious ...
Working Paper Series , Paper WP-01-24

Working Paper
Voting on social security: evidence from OECD countries

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

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Gokhale, Jagadeesh 16 items

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Social security 159 items

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