Article1995

THE EFFECTS OF DIFFERENTIAL MORTALITY RATES ON THE PROGRESSIVITY OF SOCIAL SECURITY

79 citations0/0 files storedEconomic Inquiry

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Retirement, Disability, and Employment Social Policy and Reform Studies Financial Literacy, Pension, Retirement Analysis

Abstract

Does the Old‐Age and Survivors Insurance portion of Social Security become regressive once we allow for the shorter lifespan of poor people? This paper compares the net returns of poor households to the net returns of other households after taking into account differential longevity. Earnings and Social Security tax and benefit histories are simulated for families of various income levels in the 1925 birth cohort. These tax and benefit profiles are then weighted by the agents' probabilities of survival. For some plausible values of key mortality parameters, differences in mortality eliminate the progressive spread in returns across income categories.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 79 citations exist upstream.

References

1973Differential Mortality in the United States: A Study in Socioeconomic Epidemiology 1986Measuring the Effect of Income on Adult Mortality Using Longitudinal Administrative Record Data 1985Pensions, Labor, and Individual Choice 1986SOCIAL SECURITY: A FINANCIAL APPRAISAL ACROSS AND WITHIN GENERATIONS 1989Measuring socioeconomic mortality differentials over time 1981DISENTANGLING THE ANNUITY FROM THE REDISTRIBUTIVE ASPECTS OF SOCIAL SECURITY IN THE UNITED STATES*

Cited by

2012Tackling income inequality 2001Redistribution in the Current U.S. Social Security System 1999Social Security in Theory and Practice (II): Efficiency Theories, Narrative Theories, and Implications for Reform 2002Differential Mortality and the Value of Individual Account Retirement Annuities 2011Social security, income inequality and growth 2005Uma estimativa dos aspectos distributivos da previdência social no Brasil 2000Differential Mortality and the Value of Individual Account Retirement Annuities

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.