There is much public concern over the poor math performances of U.S. students compared to other developed countries. In this paper, we consider the role of instruction style in student performance on the math literacy portion of the OECD's PISA exam, specifically looking at the...

There is much public concern over the poor math performances of U.S. students compared to other developed countries. In this paper, we consider the role of instruction style in student performance on the math literacy portion of the OECD's PISA exam, specifically looking at the...

Social Security's Old Age and Survivors Insurance trust fund is projected to be exhausted in 2033. Without intervening legislative action, current law dictates that benefits at that time would need to be reduced by approximately 21 percent. It is commonly assumed that such benefit reductions...

Social Security's Old Age and Survivors Insurance trust fund is projected to be exhausted in 2033. Without intervening legislative action, current law dictates that benefits at that time would need to be reduced by approximately 21 percent. It is commonly assumed that such benefit reductions...

Retirement income adequacy is front of mind, both for households preparing for old age and for policymakers seeking to assist them in doing so. Yet there is a central contradiction in the minds of both: while majorities seem convinced that most Americans undersave for retirement, retirees...

Retirement income adequacy is front of mind, both for households preparing for old age and for policymakers seeking to assist them in doing so. Yet there is a central contradiction in the minds of both: while majorities seem convinced that most Americans undersave for retirement, retirees...

Whether parents adjust their consumption after their children leave home has important implications for our understanding of retirement income adequacy. Prior studies have found that parents reduce consumption after their children become independent, allowing them to save more for retirement....

In 2014, the annual Social Security Trustees Report removed measures of Social Security replacement rates, which represent Social Security retirement benefits as a percentage of pre-retirement earnings. The Trustees expressed concerns that the Social Security Administration's (SSA) actuaries'...