Closing the Deficit: How Much Can Later Retirement Help? by Gary Burtless, Henry Aaron PDF

By Gary Burtless, Henry Aaron

ISBN-10: 0815704038

ISBN-13: 9780815704034

As the common age of the inhabitants keeps to upward thrust in industrialized countries, the financial affects of getting older call for ever-closer consciousness. last the Deficit examines one oft-discussed method of the problem —encouraging humans to paintings longer than they now do.

Workers could spend extra years paying taxes and less years drawing pension and wellbeing and fitness merits. yet how a lot distinction to spending and sales may longer operating lives make? What steps can be taken to make longer operating lives beautiful? And what could occur to older americans no longer capable of delay their paintings lives? top students research those concerns in Closing the Deficit, edited via Brookings economists Gary Burtless and Henry Aaron.

Show description

Read or Download Closing the Deficit: How Much Can Later Retirement Help? PDF

Similar economic policy & development books

L. Beneria's Global Tensions: Challenges and Opportunities in the World PDF

Opposed to the backdrop of demonstrations in Seattle, Porto Alegre and Genoa and in the context of starting to be resistances to loose exchange and the present worldwide developments, worldwide Tensions takes a detailed examine the demanding situations posed via the procedures of globalization before everything of the twenty-first century.

Download e-book for iPad: The Case for Gold: A Minority Report of the U.S. Gold by Ron Paul

Huge PRINT variation! extra at LargePrintLiberty. com. here's the innovative e-book on financial reform - exceptional, compelling, transparent, with particular reforms to do now - in an version for worldwide distribution. See the fee. And the layout can be a pocket variation variation: super small layout that's tremendous handy.

Get The Global Digital Economy: A Comparative Policy Analysis PDF

This booklet explores the intersection of public coverage and the quick altering electronic media economic system. over the past twenty years, electronic applied sciences and electronic content material have revolutionized many features of social, monetary and political lifestyles worldwide. Governments, locked into the rules and courses of the conventional economic climate, are suffering to answer this dynamic and commercially targeted international atmosphere.

Get The Limits of Neoliberalism: Authority, Sovereignty and the PDF

"Brilliant. .. explains how the rhetoric of pageant has invaded virtually each area of our lifestyles. ” - Evgeny Morozov, writer of to save lots of every thing, click on right here "A glowing, unique, and provocative research of neoliberalism. .. a particular account of the varied, occasionally contradictory, conventions and justifications that lend authority to the extension of the spirit of competitiveness to all spheres of social lifestyles.

Additional info for Closing the Deficit: How Much Can Later Retirement Help?

Example text

2011. ” Working Paper 2010-22. : Center for Retirement Research at Boston College. Burtless, Gary, and Joseph F. Quinn. 2001. ” In Ensuring Health and Income Security for an Aging Workforce, edited by Peter Budetti and others. E. Upjohn Institute for Employment Research. ———. 2002. ” Issue in Brief 11. : Center for Retirement Research at Boston College. , M. Giandrea, and J. ” The Gerontologist 46, no. 4: 514–23. , Richard Sutch, and Samuel H. Williamson. 1991. ” In Retirement and Public Policy, edited by Alicia H.

The remaining 6 percent to 33 percent of the difference is explained by the fact that the trustees predict a sizeable drop in the participation rates of 55–59-year-old men after 2008–10. If that drop is eliminated, future participation rates at ages past 59 will also be higher than predicted by the SSA Trustees. By 2030, only about 6 percent of the gap between the trustees’ projection and our alternative forecast is due to this factor. For women a much larger fraction of the difference in the predicted aged labor force is due to the increase in the predicted participation rate of 55–59year-olds.

Instead, we reduce the annual hours worked for underemployed workers to reflect longer periods of unemployment. Underemployed individuals are those projected to work fewer than 1,000 hours in the calendar year or who were unemployed for the entire preceding calendar year. We calculate reduction factors for hours worked so that the aggregate annual earnings loss equals the gap in aggregate earnings between the constrained and unconstrained simulations. In alternative 3, all underemployed workers work fewer annual hours than in alternative 1, regardless of age.

Download PDF sample

Closing the Deficit: How Much Can Later Retirement Help? by Gary Burtless, Henry Aaron

by Jeff

Rated 4.16 of 5 – based on 23 votes

About the Author