Chapter

Introduction

Jeffrey Liebman and David A. Wise

Edited by Jeffrey R. Brown

in Social Security Policy in a Changing Environment

Published by University of Chicago Press

Published in print June 2009 | ISBN: 9780226076485
Published online February 2013 | e-ISBN: 9780226076508 | DOI: http://dx.doi.org/10.7208/chicago/9780226076508.003.0001
Introduction

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This book compiles selected studies conducted through the National Bureau of Economic Research (NBER) Center for Retirement Research. This center was created in 2003 with funding from the U.S. Social Security Administration and is structured to provide analysis that can inform Social Security policy. While some of the center's research focuses directly on Social Security reform, other research aims to inform Social Security policy by analyzing the changing economic environment in which future Social Security beneficiaries will live. An empirical evidence on how the default provisions of retirement saving plans impact savings behavior along multiple dimensions has been obtained. The financial footing of the Social Security system depends importantly on the longevity of program participants. In the past few decades, longevity in the United States has increased substantially, adding to the financial burden on the Social Security program.

Keywords: National Bureau of Economic Research; NBER; funding; Social Security; savings; financial burden

Chapter.  7895 words. 

Subjects: Public Economics

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