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The "Natural" Interest Rate and Secular Stagnation

Peter Arno and Kyle Moore
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Kyle Moore: Schwartz Center for Economic Policy Analysis (SCEPA), http://www.economicpolicyresearch.org

No 2016-02, SCEPA working paper series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: This research supports the need to focus not only on ensuring Social Security's solvency for future generations, but building the program's ability to support all working Americans. Using data from the Social Security Administration, the authors determine that income inequality would experience a small reduction if Social Security reform includes both removing the maximum taxable earnings cap and increasing the minimum benefit.

Keywords: Social Security; Inequality; Policy (search for similar items in EconPapers)
JEL-codes: H5 I14 I2 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2016-06
New Economics Papers: this item is included in nep-age
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepawp:2016-02

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