Social security and the consumer price index for the elderly

Some argue that social security benefits should be adjusted using a price index that reflects the spending habits of the elderly rather than those of workers. This study suggests that if such an index were adopted today, over the next forty years benefit levels would increase and the social security trust fund could become insolvent up to five years sooner than projected.

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Year of publication:	2003
Authors:	Hobijn, Bart ; Lagakos, David
Published in:	Current Issues in Economics and Finance. - Federal Reserve Bank of New York. - Vol. 9.2003, May, 6
Publisher:	Federal Reserve Bank of New York
Subject:	Social security \| Old age \| Consumer price indexes

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Extent:	text/html application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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