Long-Term Budget Analysis
- Working Paper
The Labor Supply Response in Macroeconomic Models: Working Paper 2008-07
We evaluate the labor supply response in a stochastic overlapping generations model with incomplete markets and a non separable utility function in labor and consumption.
- Working Paper
Have People Delayed Claiming Retirement Benefits? Responses to Changes in Social Security Rules: Working Paper 2008-04
This paper examines changes in the age at which people claim Social Security retirement benefits in response to two changes that have been made recently to rules governing the Social Security program.
- Working Paper
The Empirical Relationship Between Lifetime Earnings and Mortality: Working Paper 2007-11
Julian P. Cristia
- Working Paper
Economic Flexibility in Microsimulation: An Age-Centered Regression Approach: Working Paper 2007-02
This paper describes a strategy for estimating predictive equations that has been shown to work well in microsimulation modeling.
- Working Paper
Uncertain Policy for an Uncertain World: The Case of Social Security: Working Paper 2006-05
This paper analyzes a state-dependent approach to policy in which future Social Security benefit formulas are tied to realized economic and demographic outcomes over time.
- Working Paper
Behavioral Effects of Social Security Reform in a Dynamic Micro-Simulation with Life-Cycle Agents: Working Paper 2005-06
The Congressional Budget Office Long-Term (CBOLT) model uses dynamic micro-simulation to analyze Social Security policy.
- Working Paper
How Does Differential Mortality Affect Social Security Finances and Progressivity? Working Paper 2005-05
In this paper, the question of how differential mortality affects Social Security finances and progressivity is approached through sensitivity analysis using CBOLT.
- Working Paper
Does Social Security Privatization Produce Efficiency Gains? Working Paper 2005-04
The economic literature shows that privatizing Social Security can improve labor supply incentives, but it can also reduce risk sharing when households face uninsurable risks.
- Working Paper
Uncertainty About Projections of Medicare Cost Growth: Technical Paper 2004-13
Over the next several decades, Medicare costs are going to increase significantly. Previous analysis has looked at the potential range of costs using a deterministic, scenario-based analysis.
- Working Paper
Analyzing an Aging Population--A Dynamic General Equilibrium Approach: Technical Paper 2004-03
A description of the model used to analyze the macroeconomic effects of Social Security policy proposals.