Fuster, Luisa; Kambourov, Gueorgui; Erosa, Andres - Society for Economic Dynamics - SED - 2011
This paper studies the role of social security and tax and transfer programs for understanding cross …-as-you-go social security system - the benefit formula, accrual profile, early and normal retirement rules; (ii) income taxation; and … - social security and disability insurance - quantitatively play an important role. …