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- Working Paper
This paper uses a new large-scale dynamic simulation model to compare the equity, efficiency, and macroeconomic effects of five alternatives to the current U.S. federal income tax.
- Working Paper
Investing the Social Security Trust Fund in Equities: An Option Pricing Approach
- Working Paper
Can the Standard Growth Model Explain the Post-War Decline in the Saving Rate?
- Working Paper
Understanding Adverse Selection in the Annuities Market and the Impact of Privatizing Social Security
- Working Paper
Privatizing Social Security While Limiting Adverse Selection in Annuities Markets
- Working Paper
Can Permanent-Income Theory Explain Cross-Section Consumption Patterns?