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Securing Social Security: Sensitivity to Economic Assumptions and Analysis of Policy Options

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  • Brian Roach
  • Frank Ackerman

Abstract

Revamping the Social Security program has become a domestic policy priority of the Bush administration. The President has stated that the system is facing a “crisis†and will be “bankrupt†in 2041. His proposal to change Social Security is centered on the introduction of private accounts that would allow workers to direct a share of their Social Security taxes into investments such as stocks and bonds. In this paper we consider whether Social Security is really facing a crisis and whether any potential future shortfalls could be remedied without changing the basic structure of the existing program.

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  • Brian Roach & Frank Ackerman, "undated". "Securing Social Security: Sensitivity to Economic Assumptions and Analysis of Policy Options," GDAE Working Papers 05-03, GDAE, Tufts University.
  • Handle: RePEc:dae:daepap:05-03
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    File URL: http://www.bu.edu/eci/files/2020/01/05-03SecuringSocialSecurity.pdf
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    Cited by:

    1. Maria Teresa Medeiros Garcia & André Fernando Rodrigues Rocha da Silva, 2023. "Pension expenditure determinants: the case of Portugal," Public Sector Economics, Institute of Public Finance, vol. 47(2), pages 177-203.
    2. Maria Teresa Medeiros Garcia & André Fernando Rodrigues Rocha da Silva, 2019. "Assessing Pension Expenditure Determinants – the Case of Portugal," Working Papers REM 2019/68, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    3. Giambiagi, Fabio & Afonso, Luís Eduardo, 2009. "Cálculo da Alíquota de Contribuição Previdenciária Atuarialmente Equilibrada: uma Aplicação ao Caso Brasileiro," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 63(2), June.

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