Means testing and Social Security in the United States

Abstract This paper uses a heterogeneous‐agent overlapping‐generations model to examine the fiscal and distributional consequences of introducing a means test in US Social Security. I find that a means test, that is, conditioning benefit payments on a household's earnings or assets, leads to a...

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Bibliographic Details
Main Author: Shantanu Bagchi
Format: Article
Language:English
Published: Wiley 2024-03-01
Series:International Studies of Economics
Subjects:
Online Access:https://doi.org/10.1002/ise3.67