Saving Regret: Self-assessed Life-cycle Saving Behavior in the U.S. and Singapore

Based on the belief that many people have under-saved and that the reason for under-saving is procrastination, paternalistic nudging to foster saving is often advocated by policy researchers. However, there is little empirical evidence that on hindsight individuals would wish…

Read more

A Framework for Cost-Benefit Analysis of Totalization Agreements

International social security totalization agreements eliminate double social security taxation for workers who reside and work in different country from their home country. Because totalization agreements affect a number of economic agents in a variety of ways, we develop a…

Read more

Survey of Disability Determinations Around the World

Public disability insurance systems vary considerably across countries. There is variation in the benefit amounts, program administrative costs, eligibility criteria, coverage scope, accommodations such as fast-tracking of applications, and the disability determination process. The latter is of particular interest to…

Read more

Macroeconomic Effects of Social Security Totalization Agreements

The United States has signed international social security totalization agreements with 30 countries. For persons working in a foreign country during part of their careers, these agreements reduce double taxation on social security burdens and reduce the risk of not…

Read more

Interest Rate Trends in a Global Context

Long-term interest rates have been falling globally since the early 1980s and have reached historically low levels. Past forecasts largely missed this secular decline. This paper reviews methodologies for making long-term interest rate projections. We synthesize results from studies that…

Read more

Estimating the Effects of the Totalization Agreements

This project aims to quantify the effects of the totalization agreements that the United States has established since the late 1970s to coordinate its Social Security program with the comparable programs of other countries. Taking advantage of the fact that…

Read more

The Effects of Totalization Agreements on Economic Activity

The United States has signed international Social Security agreements, i.e. totalization agreements, with 30 countries in Europe, Asia, and South America. Totalization agreements have several benefits for persons who work in a foreign country during part of their careers. A…

Read more
1 2 3 6