The Distributional Aspects of Social Security and Social - download pdf or read online

By Martin Feldstein,Jeffrey B. Liebman

Social safeguard is the biggest and maybe the preferred application run by way of the government. Given the projected bring up in either person existence expectancy and sheer variety of retirees, although, the present approach faces an eventual overload. replacement proposals have emerged, starting from discounts in destiny merits to an increase in taxrevenue to numerous sorts of investment-based own retirement accounts.

As this quantity indicates, the distributional outcomes of those proposals are considerably varied and will disproportionately impact these teams who depend upon social safety to prevent poverty in previous age. jointly, those experiences persuasively exhibit that thoroughly designed investment-based social safeguard reforms can successfully lessen the long term burden of an getting older society on destiny taxpayers, elevate the predicted destiny source of revenue of retirees, and mitigate poverty charges one of the elderly.

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The Distributional Aspects of Social Security and Social Security Reform (National Bureau of Economic Research Conference Report) by Martin Feldstein,Jeffrey B. Liebman


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