The choice of retirement age is the most important portfolio choice most workers will make. Drawing on the Urban Institute's Dynamic Simulation of Income model (DYNASIM3), this report examines how delaying retirement for nondisabled workers would affect individual retiree benefits, the solvency...

The choice of retirement age is the most important portfolio choice most workers will make. Drawing on the Urban Institute's Dynamic Simulation of Income model (DYNASIM3), this report examines how delaying retirement for nondisabled workers would affect individual retiree benefits, the solvency...

This paper describes an analysis of career earnings patterns developed for predicting the impact of Social Security reform. We produce estimates of age-earnings profiles of American men and women born between 1931 and 1960. The estimates are obtained using lifetime earnings records maintained by...

A method of paired comparison is adapted for use in estimating economic measures of value. The method elicits multiple binary choices for paired items in a choice set. Probability distributions and economic values are estimated nonparametrically and parametrically. The method is applied in an...

Projections made after the 1997 reconciliation legislation was enacted suggest that, sometime early in the next century if not before, the nation should enjoy its first surpluses since 1969. The improved fiscal outlook, however, has little to do with the 1997 legislation and more to do with the...

Discusses the three key elements of Gramm-Rudman-Hollings (GRH) that were expected to affect budgeting. Concludes that while many people regard the GRH law as a failure, it is not clear that any other process could have achieved it's modicum of success.

Abstract In the post-2016 election period, nonprofit institutions, particularly charities, might react to new challenges in more than a defensive way. Opportunities include much greater self-examination of ways to enhance the effectiveness of their own actions and making trade-offs in the...

The choice of retirement age is the most important portfolio choice most workers will make. Drawing on the Urban Institute's Dynamic Simulation of Income model (DYNASIM3), this report examines how delaying retirement for nondisabled workers would affect individual retiree benefits, the solvency...