Retirement Effects of Proposals by the President's Commission to Strengthen Social Security
Alan Gustman () and
Thomas L. Steinmeier
National Tax Journal, 2005, vol. 58, issue 1, 27-49
The effects on retirement of proposals by the President's Commission to Strengthen Social Security are simulated using an econometric model of retirement and saving. In the absence of any policy reforms, and holding other market adjustments constant, increases in real wages are predicted to increase retirement from full time work at age 62 by 8.7 percentage points over the next 70 years. However, two leading proposals put forth by the Commission, model 2 and model 3, will offset almost half this trend, reducing retirement from full–time work at age 62 by roughly five and three percentage points, respectively.
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
https://www.ntanet.org/NTJ/58/1/ntj-v58n01p27-49-r ... posals-president.pdf (application/pdf)
https://www.ntanet.org/NTJ/58/1/ntj-v58n01p27-49-r ... osals-president.html (text/html)
Working Paper: Retirement Effects of Proposals by the President’s Commission to Strengthen Social Security (2003)
Working Paper: Retirement Effects of Proposals by the President's Commision to Strengthen Social Security (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:58:y:2005:i:1:p:27-49
Access Statistics for this article
National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry
More articles in National Tax Journal from National Tax Association Contact information at EDIRC.
Series data maintained by Ann Crampton ().