Suggested Sources for a Term Paper on Structural Changes to Social Security

Bloom, D.; Canning, D.; Mansfield, R. and Moore, M., (2007), “Demographic change, social security systems, and savings”, Journal of Monetary Economics, Vol. 54, pp 92-114. (Consider only pp 92-95.)

Holzmann, Robert, (2013), “An Optimistic Perspective on Population Ageing and Old-Age Financial Protection”, Malaysian Journal of Economic Studies, Vol. 50, No. 2 pp107-137. (Consider only pp 107-109 and pp 133-134.)

Kotlikoff, L.; Smetters, K. and Walliser, J.(2007), “Mitigating America’s demographic dilemma by pre-funding social security.”, Journal of Monetary Economics, Vol. 54, pp 247-266. (Consider only pp 247-249 and pp 260-265). This paper is really mistitled. It proposes that the legacy debt be paid off and that Social Security be phased out over a period of 45 years. “After the transition is completed, workers finance all their retirement spending out of their own saving and no longer receive OASI transfers”. (p260))

Lewis, K. and L. Seidman, (2002), “Funding Social Security: The Transition to a Life Cycle Model”, Eastern Economic Journal, Vol. 28, No. 2, pp 159-180. 

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