Details about Kent Smetters

Access statistics for papers by Kent Smetters.

Last updated 2013-07-15. Update your information in the RePEc Author Service.

Short-id: psm21

Working Papers

2021

1. Why Don’t Elite Colleges Expand Supply?
   NBER Working Papers, National Bureau of Economic Research, Inc

2014

2. Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

2013

3. A Sharper Ratio: A General Measure for Correctly Ranking Non-Normal Investment Risks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
4. Optimal Annuitization with Stochastic Mortality Probabilities
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2012

5. Narrow Framing and Life Insurance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)

2011

6. A Matter of Trust: Understanding Worldwide Public Pension Conversions
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
7. Grade Non-Disclosure
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
8. Optimal Portfolio Choice with Wage-Indexed Social Security
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

2008

9. The Optimal Design of Social Security Benefits
   Working Papers, University of Michigan, Michigan Retirement Research Center View citations (14)

2006

10. Social Security Privatization with Income-Mortality Correlation
    Working Papers, University of Michigan, Michigan Retirement Research Center
11. Top Ten Myths Of Social Security Reform
    Working Papers, Center for Retirement Research at Boston College, Center for Retirement Research

2005

12. Does Social Security Privatization Produce Efficiency Gains?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in Working Papers, University of Michigan, Michigan Retirement Research Center (2005) View citations (9)
13. Insuring Against Terrorism: The Policy Challenge
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
14. Measuring Social Security's Financial Problems
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Working Papers, University of Michigan, Michigan Retirement Research Center (2005) View citations (6)
15. Social Security Privatization with Elastic Labor Supply and Second-Best Taxes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Working Papers, University of Michigan, Michigan Retirement Research Center (2005)

2004

16. Trading with the Unborn: A New Perspective on Capital Income Taxation
    Working Papers, University of Michigan, Michigan Retirement Research Center View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (7)

2003

17. Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)
18. Is the Social Security Trust Fund Worth Anything?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
19. The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (25)
    See also Journal Article The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2003) View citations (25) (2003)

2002

20. Controlling the Cost of Minimum Benefit Guarantees in Public Pension Conversions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article Controlling the cost of minimum benefit guarantees in public pension conversions, Journal of Pension Economics and Finance, Cambridge University Press (2002) View citations (13) (2002)
21. Dropping Out of Social Security
    Working Papers, University of Michigan, Michigan Retirement Research Center View citations (1)
22. Moral Hazard in Reinsurance Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Moral Hazard in Reinsurance Markets, Journal of Risk & Insurance, The American Risk and Insurance Association (2005) View citations (34) (2005)
23. Ricardian Equivalence with Incomplete Household Risk Sharing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)

2001

24. Finding a Way Out of America's Demographic Dilemma
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (13)
25. The Coming Generational Storm
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (6)
26. The Equivalence of the Social Security's Trust Fund Portfolio Allocation and Capital Income Tax Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
27. The Exchange Theory of Teenage Smoking and the Counterproductiveness of Moderate Regulation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
28. Who Bears the Burden of the Corporate Tax in The Open Economy?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)

1998

29. Opting Out of Social Security and Adverse Selection
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (28)
30. Social Security: Privatization and Progressivity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
    See also Journal Article Social Security: Privatization and Progressivity, American Economic Review, American Economic Association (1998) View citations (40) (1998)

1997

31. Simulating U.S. Tax Reform
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in Working Papers (Old Series), Federal Reserve Bank of Cleveland (1997) View citations (9)

Undated

32. Thinking About Social Security's Trust Fund
    Pension Research Council Working Papers, Wharton School Pension Research Council, University of Pennsylvania View citations (1)

Journal Articles

2010

1. Comment on: "Unfunded liabilities and uncertain fiscal financing" by Troy Davig, Eric M. Leeper, Todd B. Walker
   Journal of Monetary Economics, 2010, 57, (5), 620-621

2007

2. Mitigating America's demographic dilemma by pre-funding social security
   Journal of Monetary Economics, 2007, 54, (2), 247-266 View citations (83)

2006

3. Does the Open Economy Assumption Really Mean That Labor Bears the Burden of a Capital Income Tax?
   The B.E. Journal of Economic Analysis & Policy, 2006, 6, (1), 44 View citations (74)
4. Risk sharing across generations without publicly owned equities
   Journal of Monetary Economics, 2006, 53, (7), 1493-1508 View citations (12)

2005

5. Consumption Taxes and Economic Efficiency with Idiosyncratic Wage Shocks
   Journal of Political Economy, 2005, 113, (5), 1088-1115 View citations (102)
6. Moral Hazard in Reinsurance Markets
   Journal of Risk & Insurance, 2005, 72, (3), 375-391 View citations (34)
   See also Working Paper Moral Hazard in Reinsurance Markets, NBER Working Papers (2002) View citations (8) (2002)

2004

7. Is the Social Security Trust Fund a Store of Value?
   American Economic Review, 2004, 94, (2), 176-181 View citations (18)
8. Opting out of social security
   Journal of Public Economics, 2004, 88, (7-8), 1295-1306 View citations (22)

2003

9. Fiscal and generational imbalances: new budget measures for new budget priorities
   Policy Discussion Papers, 2003, (Dec) View citations (41)
10. Guaranteeing Defined Contribution Pensions: The Option to Buy Back a Defined Benefit Promise
    Journal of Risk & Insurance, 2003, 70, (1), 1-16 View citations (23)
11. The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production
    Review of Economic Dynamics, 2003, 6, (3), 697-707 View citations (25)
    See also Working Paper The (Interesting) Dynamic Properties of the Neoclassical Growth Model with CES Production, NBER Technical Working Papers (2003) View citations (25) (2003)

2002

12. Controlling the cost of minimum benefit guarantees in public pension conversions
    Journal of Pension Economics and Finance, 2002, 1, (1), 9-33 View citations (13)
    See also Working Paper Controlling the Cost of Minimum Benefit Guarantees in Public Pension Conversions, NBER Working Papers (2002) View citations (12) (2002)

2000

13. Correspondence
    Journal of Economic Perspectives, 2000, 14, (2), 233-239

1999

14. Discounting Inside the Washington D.C. Beltway
    Journal of Economic Perspectives, 1999, 13, (4), 213-228 View citations (32)
15. Privatizing Social Security in the U.S. -- Comparing the Options
    Review of Economic Dynamics, 1999, 2, (3), 532-574 View citations (52)
16. Ricardian equivalence: long-run Leviathan
    Journal of Public Economics, 1999, 73, (3), 395-421 View citations (36)

1998

17. Assessing fundamental tax reform
    Economic Commentary, 1998, (Jan)
18. Social Security: Privatization and Progressivity
    American Economic Review, 1998, 88, (2), 137-41 View citations (40)
    See also Working Paper Social Security: Privatization and Progressivity, NBER Working Papers (1998) View citations (35) (1998)

Edited books

2003

1. The Pension Challenge: Risk Transfers and Retirement Income Security
   OUP Catalogue, Oxford University Press View citations (22)

Chapters

2009

1. Pricing Personal Account Benefit Guarantees: A Simplified Approach
   A chapter in Social Security Policy in a Changing Environment, 2009, pp 229-249

2006

2. Fiscal and Generational Imbalances: An Update
   A chapter in Tax Policy and the Economy, Volume 20, 2006, pp 193-223 View citations (9)

2002

3. Distributional Effects in a General Equilibrium Analysis of Social Security
   A chapter in The Distributional Aspects of Social Security and Social Security Reform, 2002, pp 327-370 View citations (26)

2001

4. The Effect of Pay-When-Needed Benefit Guarantees on the Impact of Social Security Privatization
   A chapter in Risk Aspects of Investment-Based Social Security Reform, 2001, pp 91-112 View citations (5)