Social Security benefits are the most important source of US. retirement income. Over time,
however, trends in employer-provided pension offerings, societal changes, and Social …

Recent research by Bee and Mitchell (2017) has refocused attention on the fact that the
Current Population Survey (CPS) underestimates retirement income. In the wake of this …

Using panel data from the Internal Revenue Service's Statistics of Income (SOI) Division, we
find that most individuals do not experience a reduction in inflation-adjusted spendable …

Despite a lively debate over whether US workers face a retirement crisis, no one denies that
facets of our retirement system could be improved. A constructive discussion should focus …

Social Security has faced projected financing shortfalls since the early 1990s, and the trust
funds are expected to be depleted in the next 12-17 years. Reform is becoming increasingly …

There is considerable concern today that many workers are not preparing to meet their
financial needs in retirement and that the situation has deteriorated over the past couple of …

The US Social Security pension system is not adequately financed to fully meet benefit
obligations specified in current law beyond the early 2030s. This potential financing shortfall …

In the early 1800s, Jeremy Bentham (1824) wrote about common fallacies that plagued the
society of his time. One of these fallacies was the deference that people paid to the wisdom …

COVID-19 has been wreaking havoc on the business world for nearly two years, with most
industries experiencing a significant decline in revenue. The major statutory agency in …

Historically, equity markets have viewed the airline business as cyclical: airlines shadow the
broader economy, soaring when the economy is strong and sinking when it sags. Markets …