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NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Laurence J. Kotlikoff

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

Books

Generational Accounting around the World
with Alan J. Auerbach, Willi Leibfritz
Published in January 1999 by University of Chicago Press
© 1999 by the National Bureau of Economic Research

Pensions in the American Economy
with Daniel E. Smith
Published in 1983 by University of Chicago Press
© 1983 by the National Bureau of Economic Research


with Kent Smetters, Jan Walliser
Forthcoming from

Working Papers and Chapters

December 2013Simulating the Elimination of the U.S. Corporate Income Tax
with Hans Fehr, Sabine Jokisch, Ashwin Kambhampati: w19757
November 2013Russia’s Fiscal Gap
with Eugene Goryunov, Maria Kazakova, Arseny Mamedov, Kristina Nesterova, Vladimir Nazarov, Elena Grishina, Pavel Trunin, Alexey Shpenev: w19608
June 2013Generational Risk – Is It a Big Deal?: Simulating an 80-Period OLG Model with Aggregate Shocks
with Jasmina Hasanhodzic: w19179
December 2012Smart Machines and Long-Term Misery
with Jeffrey D. Sachs: w18629
July 2012The Excess Burden of Government Indecision
with Francisco J. Gomes, Luis M. Viceira
in Tax Policy and the Economy, Volume 26, Jeffrey Brown, editor
March 2012Game Over: Simulating Unsustainable Fiscal Policy
with Richard W. Evans, Kerk L. Phillips: w17917
February 2012Game Over: Simulating Unsustainable Fiscal Policy
with Richard W. Evans, Kerk L. Phillips
in Fiscal Policy after the Financial Crisis, Alberto Alesina and Francesco Giavazzi, editors
July 2010What Does the Corporate Income Tax Tax? A Simple Model without Capital
with Jianjun Miao: w16199
December 2008Why Aren't Developed Countries Saving?
with Loretti I. Dobrescu, Alberto F. Motta: w14580
Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
with Hans Fehr, Sabine Jokisch: w14527
October 2008The True Cost of Social Security
with Alexander W. Blocker, Stephen A. Ross: w14427
April 2008Optimal Life-Cycle Investing with Flexible Labor Supply: A Welfare Analysis of Life-Cycle Funds
with Francisco J. Gomes, Luis M. Viceira: w13966
January 2008To Roth or Not? -- That is the Question
with Ben Marx, David Rapson: w13763
October 2007Will China Eat Our Lunch or Take Us to Dinner? Simulating the Transition Paths of the United States, the European Union, Japan, and China
with Hans Fehr, Sabine Jokisch
in Fiscal Policy and Management in East Asia, NBER-EASE, Volume 16, Takatoshi Ito and Andrew K. Rose, editors
Comment on "Population Aging, Fiscal Policies, and National Saving: Predictions for the Korean Economy"
in Fiscal Policy and Management in East Asia, NBER-EASE, Volume 16, Takatoshi Ito and Andrew K. Rose, editors
May 2007Does It Pay, at the Margin, to Work and Save? Measuring Effective Marginal Taxes on Americans' Labor Supply and Saving
with David Rapson
in Tax Policy and the Economy, Volume 21, James M. Poterba, editor
January 2007The Excess Burden of Government Indecision
with Francisco J. Gomes, Luis M. Viceira: w12859
December 2006Taxing Sales Under the FairTax: What Rate Works?
with Paul Bachman, Jonathan Haughton, Alfonso Sanchez-Penalver, David G. Tuerck: w12732
November 2006Americans' Dependency on Social Security
with Ben Marx, Pietro Rizza: w12696
September 2006Does It Pay, at the Margin, to Work and Save? -- Measuring Effective Marginal Taxes on Americans' Labor Supply and Saving
with David Rapson: w12533
June 2006On the General Relativity of Fiscal Language
with Jerry Green: w12344
December 2005Who's Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries
with Christian Hagist: w11833
Simulating the Dynamic Macroeconomic and Microeconomic Effects of the FairTax
with Sabine Jokisch: w11858
Comparing Average and Marginal Tax Rates Under the FairTax and the Current System of Federal Taxation
with David Rapson: w11831
October 2005Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China
with Hans Fehr, Sabine Jokisch: w11668
May 2004The Role of Immigration in Dealing with the Developed World's Demographic Transition
with Hans Fehr, Sabine Jokisch: w10512
Assessing the Economic Gains from Telecom Competition
with Richard N. Clarke, Kevin A. Hassett, Zoya Ivanova: w10482
November 2003The Developed World's Demographic Transition - The Roles of Capital Flows, Immigration, and Policy
with Hans Fehr, Sabine Jokisch: w10096
The Impact on Consumption and Saving of Current and Future Fiscal Policies
with Katherine Grace Carman, Jagadeesh Gokhale: w10085
January 2003Who Gets Paid to Save?
with Jagadeesh Gokhale
in Tax Policy and the Economy, Volume 17, James Poterba, editor
August 2002Does It Pay to Work?
with Jagadeesh Gokhale, Alexi Sluchynsky: w9096
July 2002Intertemporal State Budgeting
with Bruce Baker, Daniel Besendorfer: w9067
January 2002The Impact of Social Security and Other Factors on the Distribution of Wealth
with Jagadeesh Gokhale
in The Distributional Aspects of Social Security and Social Security Reform, Martin Feldstein and Jeffrey B. Liebman, editors
Social Security’s Treatment of Postwar Americans. How Bad Can It Get?
with Jagadeesh Gokhale
in The Distributional Aspects of Social Security and Social Security Reform, Martin Feldstein and Jeffrey B. Liebman, editors
Distributional Effects in a General Equilibrium Analysis of Social Security
with Kent Smetters, Jan Walliser
in The Distributional Aspects of Social Security and Social Security Reform, Martin Feldstein and Jeffrey B. Liebman, editors
October 2001The Mismatch Between Life Insurance Holdings and Financial Vulnerabilities: Evidence from the Survey of Consumer Finances
with B. Douglas Bernheim, Katherine Grace Carman, Jagadeesh Gokhale: w8544
June 2001Does Participating in a 401(k) Raise Your Lifetime Taxes?
with Jagadeesh Gokhale, Todd Neumann: w8341
April 2001Finding a Way Out of America's Demographic Dilemma
with Kent Smetters, Jan Walliser: w8258
March 2001Generational Policy
w8163
Life-Cycle Saving, Limits on Contributions to DC Pension Plans, and Lifetime Tax Benefits
with Jagadeesh Gokhale, Mark J. Warshawsky: w8170
October 1999The Adequacy of Life Insurance: Evidence from the Health and Retirement Survey
with B. Douglas Bernheim, Lorenzo Forni, Jagadeesh Gokhale: w7372
September 1999Social Security's Treatment of Postwar Americans: How Bad Can It Get?
with Jagadeesh Gokhale: w7362
August 1999Comparing the Economic and Conventional Approaches to Financial Planning
with Jagadeesh Gokhale, Mark J. Warshawsky: w7321
June 1999Simulating the Transmission of Wealth Inequity via Bequests
with Jagadeesh Gokhale, James Sefton, Martin Weale: w7183
January 1999Social Security's Treatment of Postwar Americans
with Steven Caldwell, Melissa Favreault, Alla Gantman, Jagadeesh Gokhale, Thomas Johnson
in Tax Policy and the Economy, volume 13, James Poterba, editor
The Methodology of Generational Accounting
with Alan J. Auerbach, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy
with Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounting in Portugal
with Alan J. Auerbach, Jorge Braga de Macedo, Jost Braz, Jan Walliser
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounting in General Equilibrium
with Hans Fehr, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
An International Comparison of Generational Accounts
with Willi Leibfritz, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Front matter "Generational Accounting around the World"
with Alan J. Auerbach, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Introduction to "Generational Accounting around the World"
with Alan J. Auerbach, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy
with Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Argentina's Generational Accounts: Is the Convertibility Plan's Fiscal Policy Sustainable?
with Marcelo F. Altamiranda, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounting in Australia
with John Ablett, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounts for Belgium
with Jean-Philippe Stijns, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounting in Brazil
with Regina Villela Malvar, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Canada: On the Road to Fiscal Balance
with Philip Oreopoulos, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounts for Italy
with Nicola Sartor, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
Generational Accounting in New Zealand
with Bruce Baker, Willi Leibfritz
in Generational Accounting around the World, Alan J. Auerbach, Laurence J. Kotlikoff and Willi Leibfritz, editors
August 1998The A-K Model: It's Past, Present, and Future
w6684
June 1998Medicare from the Perspective of Generational Accounting
with Jagadeesh Gokhale: w6596
March 1998An International Comparison of Generational Accounts
with Willi Leibfritz: w6447
February 1998Social Security: Privatization and Progressivity
with Kent A. Smetters, Jan Walliser: w6428
Opting Out of Social Security and Adverse Selection
with Kent A. Smetters, Jan Walliser: w6430
January 1998Simulating the Privatization of Social Security in General Equilibrium
in Privatizing Social Security, Martin Feldstein, editor
October 1997Simulating U.S. Tax Reform
with David Altig, Alan J. Auerbach, Kent A. Smetters, Jan Walliser: w6248
September 1996Simulating the Privatization of Social Security in General Equilibrium
w5776
May 1996Understanding the Postwar Decline in U.S. Saving: A Cohort Analysis
with Jagadeesh Gokhale, John Sabelhaus: w5571
April 1996The Effects of Income and Wealth on Time and Money Transfers between Parents and Children
with Joseph G. Altonji, Fumio Hayashi: w5522
January 1996Privatization of Social Security: How It Works and Why It Matters
in Tax Policy and the Economy, Volume 10, James M. Poterba, editor
December 1995Parental Altruism and Inter Vivos Transfers: Theory and Evidence
with Joseph G. Altonji, Fumio Hayashi: w5378
October 1995Privatization of Social Security: How It Works and Why It Matters
w5330
April 1995The Annuitization of Americans' Resources: A Cohort Analysis
with Alan J. Auerbach, Jagadeesh Gokhale, John Sabelhaus, David N. Weil: w5089
Generational Accounting in General Equilibrium
with Hans Fehr: w5090
March 1993The Equity of Social Services Provided to Children and Senior Citizens
with Jagadeesh Gokhale: w4305
October 1992The Increasing Annuitization of the Elderly- Estimates and Implications for Intergenerational Tranfers, Inequality, and National Saving
with Alan J. Auerbach, David N. Weil: w4182
May 1992Economic Exchange and Support Within U.S. Families
w4080
January 1992Social Security and Medicare Policy from the Perspective of Generational Accounting
with Alan J. Auerbach, Jagadeesh Gokhale
in Tax Policy and the Economy, Volume 6, James M. Poterba, editor
Tax Aspects of Policy toward Aging Populations
with Alan J. Auerbach
in Canada-U.S. Tax Comparisons, John B. Shoven and John Whalley, editors
Health, Children, and Elderly Living Arrangements: A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors
with Axel Borsch-Supan, Vassilis Hajivassiliou
in Topics in the Economics of Aging, David A. Wise, editor
The Provision of Time to the Elderly by Their Children
with Axel Borsch-Supan, Jagadeesh Gokhale, John N. Morris
in Topics in the Economics of Aging, David A. Wise, editor
November 1991Social Security and Medicare Policy From the Perspective of Generational Accounting
with Alan J. Auerbach, Jagadeesh Gokhale: w3915
September 1991Risk-Sharing, Altruism, and the Factor Structure of Consumption
with Fumio Hayashi, Joseph Altonji: w3834
July 1991Life Insurance Inadequacy - Evidence From a Sample of Older Widows
with Alan J. Auerbach: w3765
January 1991Generational Accounts - A Meaningful Alternative to Deficit Accounting
with Alan J. Auerbach, Jagadeesh Gokhale: w3589
How Regional Differences in Taxes and Public Goods Distort Life Cycle Location Choices
with Bernd Raffelhueschen: w3598
Generational Accounts: A Meaningful Alternative to Deficit Accounting
with Alan J. Auerbach, Jagadeesh Gokhale
in Tax Policy and the Economy, Volume 5, David Bradford, editor
July 1990U.S. Demographics and Saving: Predictions of Three Saving Models
with Alan J. Auerbach, Jinyong Cai: w3404
Tax Aspects of Policy Towards Aging Populations: Canada and the United States
with Alan J. Auerbach: w3405
May 1990Some Inefficiency Implication of Generational Politics and Exchange
with Robert W. Rosenthal: w3354
The Provision of Time to the Elderly by Their Children
with Axel Borsch-Supan, Jagadeesh Gokhale, John N. Morris: w3363
April 1990Health, Children, and Elderly Living Arrangements: A Multiperiod-Multinomial Probit Model with Unobserved Heterogeneity and Autocorrelated Errors
with Axel Borsch-Supan, Vassilis Hajivassiliou, John N. Morris: w3343
January 1990Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond
with Alan J. Auerbach
in Tax Policy and the Economy: Volume 4, Lawrence H. Summers, editor
Why Don’t the Elderly Live with Their Children? A New Look
with John N. Morris
in Issues in the Economics of Aging, David A. Wise, editor
October 1989Corporate Taxation and the Efficiency Gains of the 1986 Tax Reform Act
with Jane G. Gravelle: w3142
Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond
with Alan J. Auerbach: w3150
August 1989How Rational Is the Purchase of Life Insurance?
with Alan J. Auerbach: w3063
July 1989Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data
with Joseph G. Altonji, Fumio Hayashi: w3046
February 1989The Dynamics of an Aging Population: The Case of Four OECD Countries
with Alan J. Auerbach, Robert Hagemann, Giuseppe Nicoletti: w2797
From Deficit Delusion to the Fiscal Balance Rule: Looking For an Economically Meaningful Way to Assess Fiscal Policy
w2841
1989How Much Care Do the Aged Receive from Their Children? A Bimodal Picture of Contact and Assistance
with John N. Morris
in The Economics of Aging, David A. Wise, editor
Employee Retirement and a Firm's Pension Plan
with David A. Wise
in The Economics of Aging, David A. Wise, editor
December 1988The Dynamics of Living Arrangements of the Elderly
with Axel Borsch-Supan, John N. Morris: w2787
Estimating The Age-Productivity Profile Using Lifetime Earnings
w2788
October 1988Why Don't the Elderly Live With Their Children? A New Look
with John Morris: w2734
Making Bequests Without Spoiling Children: Bequests as an Implicit Optimal Tax Structure and the Possibility That Altruistic Bequests are not Equaliz
with Assaf Razin: w2735
Does the Harberger Model Greatly Understate the Excess Burden of the Corporate Tax? - Another Model Says Yes
with Jane G. Gravelle: w2742
September 1988A Strategic Altruism Model In Which Ricardian Equivalence Does Not Hold
with Assaf Razin, Robert W. Rosenthal: w2699
1988Does the Consumption of Different Age Groups Move Together? A New Nonparametric Test of Intergenerational Altruism
with Andrew B. Abel: w2490
Pension Backloading, Implicit Wage Taxes, and Work Disincentives
with David A. Wise
in Tax Policy and the Economy: Volume 2, Lawrence H. Summers, editor
December 1987The Incidence and Efficiency Costs of Corporate Taxation when Corporate and Noncorporate Firms Produce the Same Good
with Jane G. Gravelle: w2462
Pension Backloading, Wage Taxes, and Work Disincentives
with David A. Wise: w2463
September 1987How Much Care Do the Aged Receive from Their Children? A Bimodal Picture of Contact and Assistance
with John N. Morris: w2391
August 1987The Incentive Effects of Private Pension Plans
with David A. Wise: w1510
July 1987Social Security: A Financial Appraisal Across and Within Generations
with Michael J. Boskin, Douglas J. Puffert, John B. Shoven: w1891
Employee Retirement and a Firm's Pension Plan
with David A. Wise: w2323
May 1987Empirical Tests of Alternative Models of International Growth
with Edward E. Leamer: w1414
Intergenerational Transfers and Savings
w2237
April 1987Labor Compensation and the Structure of Private Pension Plans: Evidence for Contractual Versus Spot Labor Markets
with David A. Wise: w1290
March 1987Can People Compute? An Experimental Test of the Life Cycle Consumption Model
with Stephen Johnson, William Samuelson: w2183
1987Annuity Markets, Savings, and the Capital Stock
with John B. Shoven, Avia Spivak
in Issues in Pension Economics, Zvi Bodie, John B. Shoven, and David A. Wise, eds.
Empirical Tests of Alternative Models of International Growth
with Edward E. Leamer
in Trade and Structural Change in Pacific Asia, Colin I. Bradford, Jr. and William H. Branson, editors
The Incentive Effects of Private Pension Plans
with David A. Wise
in Issues in Pension Economics, Zvi Bodie, John B. Shoven, and David A. Wise, eds.
November 1986Laws as Assets: A Possible Solution to the Time Consistency Problem
with Torsten Persson, Lars E.O. Svensson: w2068
October 1986Is Debt Neutral in the Life Cycle Model?
w2053
August 1986Health Expenditures and Precautionary Savings
w2008
March 1986Tax Incidence
with Lawrence H. Summers: w1864
February 1986The Contribution of Intergenerational Transfers to Total Wealth: A Reply
with Lawrence H. Summers: w1827
October 1985Life Insurance of the Elderly: Adequacy and Determinants
with Alan J. Auerbach: w1737
Changes in the Age Distribution of Income in the United States, 1968-1984
with Michael J. Boskin, Michael Knetter: w1766
June 1985The Efficiency Gains from Social Security Benefit - Tax Linkage
with Alan J. Auerbach: w1645
Pubic Debt and U.S. Saving: A New Test of the Neutrality Hypothesis
with Michael J. Boskin: w1646
April 1985Taxation and Savings - A Neoclassical Perspective
w1302
1985Labor Compensation and the Structure of Private Pension Plans: Evidence for Contractual versus Spot Labor Markets
with David A. Wise
in Pensions, Labor, and Individual Choice, David A. Wise, ed.
November 1984Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice
with Ariel Pakes: w1492
July 1984The Impact of Annuity Insurance on Savings and Inequality
with John B. Shoven, Avia Spivak: w1403
March 1984Simulating Alternative Social Security Responses to the Demographic Transition
with Alan J. Auerbach: w1308
December 1983Annuity Markets, Savings, and the Capital Stock
with John B. Shoven, Avia Spivak: w1250
1983Front matter, tables of content, acknowledgment
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Introduction to "Pensions in the American Economy"
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Description of Data
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Pension Coverage of Workers and Pension Income Receipt among the Elderly
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
The Structure of Private Pension Plans
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Financial Aspects of Private Pension Plans
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
The Structure of State and Local Pension Plans
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Financial Aspects of State and Local Pension Plans
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
Notes, References, Index
with Daniel E. Smith
in Pensions in the American Economy, Laurence J. Kotlikoff and Daniel E. Smith
National Savings, Economic Welfare, and the Structure of Taxation
with Alan J. Auerbach
in Behavioral Simulation Methods in Tax Policy Analysis, Martin Feldstein, ed.
November 1982Investment versus Savings Incentives: The Size of the Bang for the Buck and the Potential for Self-Financing Business Tax Cuts
with Alan J. Auerbach: w1027
August 1982The Economic Effects of Government Expenditures
w0964
December 1981The Efficiency Gains from Dynamic Tax Reform
with Alan J. Auerbach, Jonathan Skinner: w0819
September 1981The International Economics of Transitional Growth: The Case of the United States
with Edward E. Leamer, Jeffrey Sachs: w0773
August 1981National Savings, Economic Welfare, and the Structure of Taxation
with Alan J. Auerbach: w0729
An Examination of Empirical Tests of Social Security and Savings
with Alan J. Auerbach: w0730
February 1981The Adequacy of Savings
with Lawrence H. Summers: w0627
February 1980The Role of Intergenerational Transfers in Aggregate Capital Accumulation
with Lawrence H. Summers: w0445
June 1979The Family as an Incomplete Annuities Market
with Avia Spivak: w0362

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