Archive: Alicia H. Munnell

Buying and selling a home can be the most significant financial decisions that families face. For most Americans, buying and selling a home are the most significant financial decisions that families face over their lifetimes. Much research has focused on the buying side, primarily looking at how the availability and cost of mortgages vary by…
Social Security needs modest revenue increases and benefit cuts – not extreme borrowing. Larry Fink of BlackRock, in the Annual Chairman’s Letter to Investors, just endorsed the proposal by Senators Cassidy (R-LA) and Kaine (D-VA) to create a trust fund with borrowed funds to solve Social Security’s financing problems. This idea, which has been around…