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Shortfalls in the Long Run: Predictions about the Social Security Trust Fund

Authors: Hines, James R.; Taylor, Timothy

Source: The Journal of Economic Perspectives, Volume 19, Number 2, Spring 2005 , pp. 3-9(7)

Publisher: American Economic Association

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Abstract:

Many proposals for addressing the long-term issues of Social Security involve benefit reductions both in Disability Insurance and in Old Age and Survivors Insurance. However, the proposals in the papers that follow in this symposium do not alter the long-term financial balance of Disability Insurance, and instead focus on the Old Age and Survivors Insurance program. Thus, the discussion in this introduction will also focus on the OASI trust fund.

Document Type: Research Article

DOI: http://dx.doi.org/10.1257/0895330054048759

Publication date: March 1, 2005

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  • The Journal of Economic Perspectives (JEP) attempts to fill a gap between the general interest press and most other academic economics journals. The journal aims to publish articles that will serve several goals: to synthesize and integrate lessons learned from active lines of economic research; to provide economic analysis of public policy issues; to encourage cross-fertilization of ideas among the fields of thinking; to offer readers an accessible source for state-of-the-art economic thinking; to suggest directions for future research; to provide insights and readings for classroom use; and to address issues relating to the economics profession.
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