NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Propagation and Smoothing of Shocks in Alternative Social Security Systems

Alan Auerbach, Lorenz Kueng, Ronald Lee

NBER Working Paper No. 19137
Issued in June 2013

---- Acknowledgements -----

This research was supported by the U.S. Social Security Administration through grant #10-M-98363-1-01 to the National Bureau of Economic Research as part of the SSA Retirement Research Consortium. The findings and conclusions expressed are solely those of the authors and do not represent the views of SSA, any agency of the federal government, or the National Bureau of Economic Research.

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