TY  - JOUR
AU  - Coronado,Julia Lynn
AU  - Fullerton,Don
AU  - Glass,Thomas
TI  - Long Run Effects of Social Security Reform Proposals on Lifetime Progressivity
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 7568
PY  - 2000
Y2  - February 2000
UR  - http://www.nber.org/papers/w7568
L1  - http://www.nber.org/papers/w7568.pdf
N1  - Author contact info:
Julia Lynn Coronado
BNP Paribas 
E-Mail: corolynn@gmail.com

Don Fullerton
Department of Finance
University of Illinois
BIF Box#30 (MC520)
515 East Gregory Drive
Champaign, IL  61820
Tel: 217/244-3621
Fax: 217/244-3102
E-Mail: dfullert@illinois.edu

Thomas Glass
M1  - published as Julia Lynn Coronado, Don Fullerton, Thomas Glass. "Long-Run Effects of Social Security Reform Proposals on Lifetime Progressivity," in Martin Feldstein and Jeffrey B. Liebman, editors, "The Distributional Aspects of Social Security and Social Security Reform" University of Chicago Press (2002)

AB  - This paper uses a lifetime framework to address questions about the progressivity of social security and proposed reforms.  We use a large sample of diverse individuals from the PSID to calculate lifetime income, to classify individuals into income quintiles, and then to calculate the present value of taxes minus benefits for each person in each group.  In our basic calculations, the current system is slightly progressive, overall, on a lifetime basis.  Social Security would become slightly more progressive in one of the reform plans, and it would become slightly regressive in each of the other plans.  The pattern of progressivity is affected by alternative assumptions, but it is affected in similar ways for the current system and proposed reforms.  None of these reforms greatly alters the current degree of progressivity on a lifetime basis.
ER  -