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 The Economics of Old Age Support

 

 October 31 and November 5, 2001

 

 


Contents:

 Agenda  Sources for Presentations
 Links  Supplements
 Handouts PowerPoints

( To view the sources for a paper, click on the title. To read the paper, click on the author's name.)


Agenda

 

I. OPENING REMARKS

Graphics from the 2001 Social Security Trust Fund Report

Years to Trust Fund Exhaustion

The Rate of Return on Equities

Productivity Growth in a Pay as You Go System

 

II. CHILDREN AS OLD AGE SECURITY

 

"Children as Old Age Security in the United States"

Courtney Lane

 

"Children as Old-Age Security in Asia"

Peter Albro

 

"Children as Old Age Security in Africa"

Ellen Tompsett

 

III. GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Will the Social Security System Be There for the Baby Boomers?"

Sara Brophy

 

"Should We Privatize America's Social Security System?"

Nicola Kieves

 

"Has Privatization of Social Security Worked in Chile?"

Conor Darby

 

IV. SUMMARY AND CONCLUSIONS

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Sources for Presentations:

 

II. CHILDREN AS OLD AGE SECURITY

 

"Children as Old Age Security in the United States"

 

Douglas Holtz-Eakin and Timothy M. Smeeding, "Income, Wealth and Intergenerational Relations of the Aged" in Linda G. Martin and Samuel H. Preston, (editors) Demography of Aging, National Academy Press, Washington, D.C., 1994, pp. 102-145.

 

Vern L. Bengtson and Tehran L. Mills, "Ageing in the United States at the End of the Century", in Korea Journal of Population and Development, Vol. 24, No. 2, December 1995, pp. 215-244.

 

Michael S. Rendall and Alden Speare, Jr. "Elderly Poverty Elimination through Living With Family" in Journal of Population Economics, Vol. 8, 1995, pp. 383-405.

 

Michael S. Rendall and Raisa A. Bahchieva, "An Old-Age Security Motive for the United States?" in Population and Development Review, Volume 24, Number 2, June 1998, pp. 293-307.

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"Children as Old Age Security in Asia"

 

Jeffrey Nugent, "The Old Age Security Motive for Having Children", in Population and Development Review, Volume 11, Number 1, March 1985, pp. 75-98.

 

World Bank, "Informal Arrangements"in Averting the Old Age Crisis, World Bank Policy Research Report, Oxford University Press, 1994, Chapter 2, pp. 49-71.

 

A. Dharmalingam, "Old Age Support: Expectations and Experiences in a South Indian Village", Population Studies, Vol. 48, No. 1, March 1994, pp. 5-19.

 

Lee A. Lillard and Robert J. Willis, "Motives for Intergenerational Transfers: Evidence from Malaysia" in Demography, Vol. 34, No. 1, February 1997, pp. 115-134.

 

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"Children as Old Age Security in Africa"

 

Daniel C. Clay and Jane E. Van der Haar, "Patterns of Intergenerational Support and Childbearing in the Third World", Population Studies, Vol. 47, No. 1, March 1993, pp. 67-84.

 

John Hoddinott, "Rotten Kids or Manipulative Parents: Are Children Old Age Security in Western Kenya?", Economic Development and Cultural Change, Vol.40, No. 3, April 1992, pp. 545-566.

 

Shanyisa Khasiani, "The Changing Role of The Family in Meeting the Social and Economic Needs of the Aging Population in Developing Countries, With Particular Focus on Eastern Africa", in United Nations, Aging and the Family, United Nations, New York, 1994, pp. 61-65.

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III. GOVERNMENT PROGRAMS AS OLD AGE SECURITY

 

"Will the Social Security System Be There for the Baby Boomers?"

 

Sylvester J. Scheiber, "Can Our Social Insurance Systems Survive the Demographic Shifts of the Twenty-First Century?" in Anna M. Rappaport and Sylvester J. Schreiber, (editors) Demography and Retirement: the Twenty-first Century, Praeger, Westport, Conn., 1993, pp. 111-173.

 

Barry P. Bosworth, "Fund Accumulation: How Much? How Managed?", in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 2, pp.89-113.

 

Peter A. Diamond, "The Future of Social Security" in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 7, pp.225-233.

 

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"Should We Privatize America's Social Security System?"

 

Kevin Stephenson, David Horlacher and David Colander, "An Overview of the U.S. Social Security System: Problems and Options" in Social Security Time for a Change, edited by Kevin Stephenson, JAI Press, 1995, pp. 3-23.

 

Paul Johnson and Jane Falkingham, "Public Pensions, Government Expenditures and Intergenerational Transfers" in Ageing and Economic Welfare, Sage Publications, Newberry Park, California, 1992, pp. 124-151.

 

Edward M. Gramlich, "Different Approaches for Dealing With Social Security", The Journal of Economic Perspectives, Vol. 10, No. 3, Summer 1996, pp. 55-66.

 

Martin Feldstein, "The Missing Piece in Policy Analysis: Social Security Reform", American Economic Review, Vol. 82, No. 2, May 1996, pp. 1-14.

 

Olivia S. Mitchell and Stephen P. Zeldes, "Social Security Privatization: A Structure for Analysis" American Economic Review, Vol. 82, No. 2, May 1996, pp. 363-367.

 

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"Has Privatization of Social Security Worked in Chile?"

 

Peter Diamond, "Proposals to Restructure Social Security", The Journal of Economic Perspectives, Vol. 10, No. 3, Summer 1996, pp. 67-88.

 

Peter Diamond and Robert J. Myers, "Social Security Reform in Chile: Two Views" in Social Security What Role for the Future?, edited by Peter A. Diamond, David C. Lindeman and Howard Young, National Academy of Social Insurance, Washington, D.C., 1996, Chapter 6, pp.209-224.

 

World Bank, "Personal Savings Plans- Becoming Mandatory?"in Averting the Old Age Crisis, World Bank Policy Research Report, Oxford University Press, 1994, Chapter 6, pp. 201-231.

 

Jose' Pinera, "Empowering Workers: The Privatization of Social Security in Chile", Cato Journal, Vol. 15, Nos. 2-3, Fall-Winter 1995/1996, pp. 155-166.

 

Armando Barrientos, "Pension Reform and Economic Development in Chile", Development Policy Review, Vol. 11, 1993, pp. 91-107.

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Links

 

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Handouts

Required Reading

Sylvester J. Scheiber and John B. Shoven, "Social Security Reform: Around the World in 80 Ways", American Economic Review, Vol. 86, No. 2, May 1996, pp. 373-377.

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PowerPoints

II. CHILDREN AS OLD AGE SECURITY

"Children as Old Age Security in the United States", By Courtney Lane

"Children as Old-Age Security in Asia" by Peter Albro

"Children as Old Age Security in Africa", by Ellen Tompsett

 

III. GOVERNMENT PROGRAMS AS OLD AGE SECURITY

"Will the Social Security System Be There for the Baby Boomers?", by Sarah Brophy

"Should We Privatize America's Social Security System?", By Nicola Kieves

"Has Privatization of Social Security Worked in Chile?", by Darby Conor

 

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