Archive: Sheila R. Zedlewski
Abstract The official poverty measure in the United States fails to reflect modern day economic resources and spending needs. The official measure is based only on cash income and does not include in-kind transfers, capital gains and losses, taxes, out-of-pocket health spending, the value of owner-occupied housing, or the potential income from financial assets. Also,…
Reform Model Two of the President’s Commission to Strengthen Social Security: Distributional Outcome
Abstract This project uses dynamic microanalytic simulation techniques to explore the distributional consequences of Plan 2 of the President’s Commission to Strengthen Social Security. This plan includes a voluntary personal account that would be “carved out” of currently-scheduled benefit contributions, a new minimum benefit, and an increase in widow(er)s benefits. It also shifts the current…
