Tag: Social Security research
Introduction The Social Security Trustees have just issued their 2006 Report on the financial outlook for the system. The Report uses three sets of cost assumptions — high, low, and intermediate. This brief focuses on the intermediate assumptions and puts this year’s numbers in perspective……
Abstract The majority of elderly Americans who receive long-term care outside of institutions are cared for in part by their children. We have little evidence, however, on the financial and social mechanisms securing the supply of elder care. In recent data on older U.S. families, I find that children rarely receive direct payment for their…