scispace - formally typeset
Search or ask a question

Answers from top 5 papers

More filters
Papers (5)Insight
But it argues also that social security reform is more a pretext than a requirement for internalizing such a positive externality.
Journal ArticleDOI
Nicola Rossi, Ignazio Visco 
73 Citations
The paper also assesses the likely impact of the 1992 social security reform and suggests that in the long run the impact might be sizeable accounting for up to a 3 points higher saving ratio.
Our plan combines revenue increases and benefit reductions - the same approach taken for reaching a consensus in the last major Social Security reform in 1983.
The mid-life crisis of American social security 4.
This is perhaps the most far-reaching synthesis yet envisioned of functional and implementable social security reform.

Related Questions

What is the impact of the social security reform in brazil at the saving rate?4 answersThe social security reform in Brazil has had a positive impact on the saving rate. Studies show that the reform increased the probability of saving for the treated group by 2.1 to 2.9 percentage points. Additionally, the reform led to a significant reduction of 55% in the social security deficit, indicating improved financial stability. Furthermore, simulations suggest that the current social insurance system in Brazil generates unnecessary distortions, such as lower savings rates and more early retirement, which increase the costs of the system. However, despite the positive effects of the reform, the social security systems in Brazil still face an imbalance, and future generations will bear a higher fiscal burden. Overall, the social security reform in Brazil has had a positive impact on the saving rate, but further reforms may be necessary to ensure long-term sustainability.
What is reforms?5 answersReform refers to processes of purposeful change in various contexts such as education, religion, economics, and public administration. In the field of education, reform is seen as a problematic concept that needs to be replaced with a more life-affirming and hopeful approach to educational improvement. In the context of Muslim countries, reform movements are studied to understand their dynamics, social and religious relevance, and their local and international contexts. In economics, the Theory of Reform focuses on the purposeful change of economic institutions, identifying sources of reform costs and typical mistakes made by reform makers. In public administration, reform is seen as a systemic and structural change with transformational and transactional elements, and it is evaluated based on dimensions such as decentralization, regulatory improvement, human resource development, client orientation, cooperation with the community, and organizational culture. Overall, reform can involve minor and temporary changes or more radical and permanent political transformations, depending on the context.
What is pension reform?4 answersPension reform refers to the process of making changes to the pension system in a country. It involves modifying the retirement age, pension benefits, and the overall structure of the pension system. The aim of pension reform is to ensure the sustainability of pension expenditures, improve the adequacy of pension income, and address demographic changes in the population. The reform may also focus on promoting social equality, gender equality, and increasing the replacement rate of pensions. The implementation of pension reform requires effective management, investment of pension funds, and consideration of economic stability and inflation. Failure to account for disability insurance (DI) as an endogenous margin of retirement can severely bias the analysis of pension reforms. The reform may involve changes in contributory requirements, introduction of non-contributory benefits, and addressing gender biases in the pension system. The public pension debt crisis has led to the need for comprehensive reform measures to maintain plan solvency and ensure the financial health of the pension system.
Can Congress change Social Security?6 answers
Is the Social Security Act reform?16 answers
When will Social Security reform happen?15 answers