The intra-generational redistributive effects of social security

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Cubeddu, Luis M.. The intra-generational redistributive effects of social security. 1996
To cite or link this document: Cubeddu, Luis M.
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa 1996-04-01
dc.description.abstract This paper provides a quantitative evaluation of the intra--cohort redistributive elements of the United States social security system in the context of a computable general equilibrium model. I determine how the well--being of individuals that differ across {\sl gender, race} and {\sl education} is affected by government social security policy. I find that females, whites and non--college graduates stand less to gain (lose) from reductions (increases) in the size of social security than males, non--whites and college graduates, respectively. Differences in mortality risk and labor productivity translate into differences in the magnitudes of capital accumulation and labor supply distortions, that are responsible for the observed welfare difference between types. Results imply that the current program is lifetime progressive across gender and education, yet lifetime regressive across race.
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 168
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.title The intra-generational redistributive effects of social security
dc.type info:eu-repo/semantics/workingPaper 2016-06-04T02:50:17Z
dc.subject.keyword Macroeconomics and International Economics
dc.subject.keyword social security
dc.subject.keyword demographics
dc.subject.keyword heterogeneity
dc.subject.keyword redistribution
dc.subject.keyword simulation
dc.rights.accessRights info:eu-repo/semantics/openAccess

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