Institutional and Financial Incentives for Social Insurance PDF Download

Author: Claude d'Aspremont
Publisher: Springer Science & Business Media
ISBN: 1461507839
Category : Law
Languages : en
Pages : 247

View

Book Description
Institutional and Financial Incentives for Social Insurance provides both an empirical and a theoretical account of the main difficulties presently threatening social insurance systems in most industrialized countries. It analyzes the remedies that have been discussed and sometimes introduced and addresses many questions still left largely unresolved: Are newly implemented or proposed reforms providing the correct incentives to all participants in the system? Is the quality of service improving and, if not, what can be done? How should the budgetary problems be solved considering both intra-generational and inter-generational redistributive policies? The volume describes a number of studies of social security systems in various countries and assesses the effect of various policies, including welfare or unemployment benefits, training and other active labour market policies, the provision of pension, and competition and budget devolution in health care. It applies empirical tests to individual preferences concerning unemployment compensation, and it analyzes nonfunded and funded social security systems, the transition from one system to the other, and the willingness to pay for pensions.

Author: Axel Börsch-Supan
Publisher: University of Chicago Press
ISBN: 022667424X
Category : Business & Economics
Languages : en
Pages : 481

View

Book Description
This ninth phase of the International Social Security project, which studies the experiences of twelve developed countries, examines the effects of public pension reform on employment at older ages. In the past two decades, men’s labor force participation at older ages has increased, reversing a long-term pattern of decline; participation rates for older women have increased dramatically as well. While better health, more education, and changes in labor-supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase or its large variation across countries. The studies in this volume explore how financial incentives to work at older ages have evolved as a result of public pension reforms since 1980 and how these changes have affected retirement behavior. Utilizing a common template to analyze the developments across countries, the findings suggest that social security reforms have strengthened the financial returns to working at older ages and that these enhanced financial incentives have contributed to the rise in late-life employment.

Author: Peter A. Diamond
Publisher: Brookings Institution Press
ISBN: 9780815796237
Category : Political Science
Languages : en
Pages : 300

View

Book Description
While everyone agrees that Social Security is a vital and necessary government program, there have been widely divergent plans for reforming it. Peter A. Diamond and Peter R. Orszag, two of the nation's foremost economists, propose a reform plan that would rescue the program both from its projected financial problems and from those who would destroy the program in order to save it. vi ng Social Security's's strategy balances benefit and revenue adjustments, following the precedent set by the last major Social Security reform in the early 1980s. The authors' proposal restores long-term balance and sustainable solvency to the program without imposing additional burdens on the rest of the budget. Further, it protects disability and young survivor benefits and strengthens Social Security's protections for low earners and widows. Most important, the plan preserves the program's core social insurance role by providing a base-level of assured income to American workers and their families in time of need. To better understand the accomplishments and financial problems of Social Security, Diamond and Orszag provide background on the program, as well as on the causes of the long-term deficit. They suggest ways in which various alternative reform plans should be evaluated and explain the shortcomings of proposals to replace part of Social Security with individual accounts. Saving Social Security is essential reading for policymakers involved in reform, analysts, students, and all those interested in the fate of this safeguard of American lives.

Author: Marcelo Bergolo
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

View

Book Description
The impact of the tax and benefit system on work incentives is a salient issue in labor and public economics. There is, however, relatively little analysis of the joint work and tax evasion incentive effects introduced by social insurance programs. This paper evaluates the behavioral responses of workers in these dimensions. Using a quasi-experimental approach, it studies a large scale expansion of an employment based benefit in the social insurance system of a middle income country, Uruguay. The policy change extended the coverage of an in-work and payroll tax financed health insurance program to the dependent children of private sector salaried workers. The extension only applied to full-time registered employees - those complying with payroll tax and social insurance contribution requirements. The results indicate that those who benefited from the reform responded to these financial incentives as predicted by economic theory, significantly increasing their labor force participation and hours of work, with most of this increase in registered (or “on”-the-books) employment. The reform only required one registered employee within the household to warrant the extended coverage, and the results point to a disincentive effect for secondary workers, with reduced labor supply in the form of registered employment. Besides the reduction in off-the-books employment (a fall in outright tax evasion), the analysis uncovers an additional adjustment along a further dimension of evasion. Exploiting an original feature of the data, the results indicate that the reform induced an increase in underreporting of salaried earnings for registered employees. These results, driven mainly by workers in small firms, suggest some degree of collusion between employers and employees to deceive the tax authority, with workers receiving the additional benefit introduced by the reform without incurring the full cost of the higher tax liability. The conclusion illustrates how these additional margins of adjustment to tax and benefits, not contemplated by the canonical model, can have relevant consequences for policy and for the design of social insurance programs.

Author: Helen P. Rogers
Publisher: Wellington Publications
ISBN: 0915915014
Category : Social security
Languages : en
Pages : 154

View

Book Description

Author: Timothy J. Bartik
Publisher: W.E. Upjohn Institute
ISBN: 0880996684
Category : Political Science
Languages : en
Pages : 180

View

Book Description
Bartik provides a clear and concise overview of how state and local governments employ economic development incentives in order to lure companies to set up shop—and provide new jobs—in needy local labor markets. He shows that many such incentive offers are wasteful and he provides guidance, based on decades of research, on how to improve these programs.

Author:
Publisher: DIANE Publishing
ISBN: 078814555X
Category : Social security
Languages : en
Pages : 65

View

Book Description
This publication informs advocates & others in interested agencies & organizations about supplemental security income (SSI) eligibility requirements & processes. It will assist you in helping people apply for, establish eligibility for, & continue to receive SSI benefits for as long as they remain eligible. This publication can also be used as a training manual & as a reference tool. Discusses those who are blind or disabled, living arrangements, overpayments, the appeals process, application process, eligibility requirements, SSI resources, documents you will need when you apply, work incentives, & much more.

Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241823
Category : Political Science
Languages : en
Pages : 484

View

Book Description
This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest

Author: George E. Rejda
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 520

View

Book Description
This clear, accessible book provides a complete analysis of major social insurance and welfare programs in the United States, including Social Security, workers' compensation, unemployment insurance, and public assistance. Major public policy problems and issues associated with each program are analyzed in depth. The Sixth Edition has been thoroughly updated to accurately reflect the most recent issues and trends surrounding Social Security, unemployment insurance, and welfare reform.

Author: Jonathan Gruber
Publisher: University of Chicago Press
ISBN: 0226309983
Category : Political Science
Languages : en
Pages : 752

View

Book Description
Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.