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Would Saving Social Security Raise National Saving?

Jan Walliser

National Tax Journal, 1999, vol. 52, issue 3, 541-52

Abstract: Analysts agree that raising national saving is one of the key objectives of Social Security reform. Hence, to judge the merits of proposals requires comparison of saving responses. The paper outlines the difficulties in making those comparisons that arise from the unsustainability of the current Social Security system and the uncertainty regarding the use of projected future budget surpluses. Building on previously developed arguments, it discusses three typical reform plans and also draws some conclusions about the relationship between Social Security reform and the long-run sustainability of fiscal policy.

Date: 1999
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