Life-cycle model

How Redistributive Are Public Health Care Schemes? Evidence from Medicare and Medicaid in Old Age

August 24, 2022
Susan Barnes
Disparities, Financial well-being, Life-cycle model, Medicaid, Medicare, Social Security

Most health care for the U.S. population 65 and older is publicly provided through Medicare and Medicaid. Despite the massive expenditures of these systems, little is known about how redistributive they are. Using data from the Health and Retirement Study…

Social Security Wealth, Inequality, and Life-cycle Saving: An Update

June 16, 2021
Susan Barnes
Disparities, Life-cycle model, retirement savings, Social Security

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

June 15, 2021
Susan Barnes
Behavioral economics, Financial well-being, International, Life-cycle model

Social Security Wealth, Inequality, and Life-cycle Saving: An Update

February 12, 2021
Susan Barnes
Disparities, Financial well-being, Life-cycle model, Social Security

Social Security wealth (SSW) is the present value of future benefits an individual will receive less the present value of future taxes they will pay. When an individual enters the labor force, they generally face a lifetime of taxes to…

Social Security Wealth, Inequality, and Life-cycle Saving

November 4, 2019
Susan Barnes
Disparities, Life-cycle model, retirement savings

Household wealth inequality in the U.S. has been rising, but those measures do not include Social Security. For individual Social Security participants, Social Security Wealth (SSW) is equal to the present value of future benefits less the present value of…