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Journal Article
Fiscal policy in an era of surpluses
Federal surpluses have come as a pleasant surprise, but using them to finance additional government spending would be disastrous. By the middle of the next decade, Social Security and Medicare outlays will soar beyond projected payroll taxes. While using the surpluses to offset future entitlement payments is a good idea, finding a way to do it is not so easy. This Commentary suggests it could be accomplished by paying down the national debt and combining the remaining surplus with Social Security reform.
AUTHORS: Gokhale, Jagadeesh
DATE: 2001

Journal Article
Does Social Security worsen inequality?
Gaps between the rich and poor grow once people hit retirement. Some say privatizing Social Security will increase wealth inequality among retirees. This Commentary argues it won't and suggests that the current system may be reducing wealth mobility from one generation to the next. This Commentary is based on a presentation given at the CATO Institute's conference on Social Security Privatization, February 5-7, 2001.
AUTHORS: Gokhale, Jagadeesh
DATE: 2001

Journal Article
Should social security be privatized?
An examination of the rationale for public pension programs, a look at how the current U.S. Social Security system evolved, and an analysis of the issues surrounding privatization.
AUTHORS: Gokhale, Jagadeesh
DATE: 1995

Journal Article
Making sense of the Moynihan gambit: a perspective on the social security debate
An analysis of the subtle economic issues at the heart of U.S. Senator Moynihan's proposal to slash Social Security taxes, based on an examination of the nature of the Social Security system itself and whether it is more like a pension plan or a tax and transfer system.
AUTHORS: Altig, David E.
DATE: 1990

Journal Article
Social Security: are we getting our money's worth?
An examination of Social Security from an individual investment perspective, showing that continued delays in addressing the program's shortcomings will only increase the intergenerational inequities that now exist.
AUTHORS: Gokhale, Jagadeesh; Lansing, Kevin J.
DATE: 1996

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.
AUTHORS: Gokhale, Jagadeesh; Altig, David E.
DATE: 1996

Journal Article
Structural reform of the Social Security system: the time has come
An argument that any successful reform of the Social Security system must 1) result in more real investment, 2) restore individuals' incentives to work, and 3) reduce or eliminate the intergenerational redistribution that leads to low national saving.
AUTHORS: Gokhale, Jagadeesh
DATE: 1997

Journal Article
Speaking of accounting scandals...
The better stockholders' information about a firm's prospective finances, the better their decisions on investing their money productively. The same is true of lawmakers' decisions on how to allocate public funds. As the Enron-Andersen debacle has made abundantly clear, murky financial reporting can have devastating consequences. Is something similar happening with reporting on government finances-especially with regard to Social Security and Medicare?
AUTHORS: Gokhale, Jagadeesh
DATE: 2002

Journal Article
Social security: issues and options
A description of the Social Security system and its funding problems, including a summary of financial projections for the system and a review of proposed reforms.
AUTHORS: Kerka, Amy
DATE: 1983

Journal Article
Social Security's treatment of postwar generations
Social Security's tax treatment of distinct groups varies widely among postwar generations: Women, whites, and the college educated have lower lifetime net tax rates than do men, non-whites, and those without a college education. Among income groups, the middle class faces the highest lifetime net tax rate
AUTHORS: Gokhale, Jagadeesh
DATE: 1998

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