Totalization

A Framework for Cost-Benefit Analysis of Totalization Agreements

• December 18, 2020
• Susan Barnes
• International, Social Security, Totalization

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…

Estimating the Macroeconomic Effects of Each Totalization Agreement

• December 18, 2020
• Susan Barnes
• Totalization

Totalization agreements coordinate the United States Social Security program with other countries’ comparable programs. We estimate each totalization agreement’s impact on a variety of bilateral trade outcomes. We find the impact is quite heterogeneous, both across agreements/countries and across sectors…

Expansion of Simplified Totalization Agreements

• December 16, 2020
• Susan Barnes
• Totalization

The United States has signed 30 bilateral social security agreements. Other partner countries, such as the United Kingdom or Germany, have signed international agreements to eliminate double taxation for nationals working temporarily abroad in more than 50 other countries. This…

Macroeconomic Effects of Social Security Totalization Agreements

• September 23, 2020
• Susan Barnes
• International, Totalization

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…

Winter 2020 Newsletter: MRDRC releases key findings from 2019 papers

• March 9, 2020
• Susan Barnes
• Interest Rates, IRA withdrawals, Labor force participation, Mortality trends, News, pensions, Retirement, Totalization

MRDRC published eight working papers in 2019 on topics such as totalization agreements, global interest rate trends, and retirement inequality. Informing projections Interest Rate Trends in a Global Context Dmitriy Stolyarov and Linda Tesar WP 2019-402; UM19-05 Two methodologies are…

Estimating the Effects of the Totalization Agreements

• December 11, 2019
• CMT_Admin
• Payroll taxes, Totalization

Estimating the Effects of the Totalization Agreements

• December 6, 2019
• CMT_Admin
• Social Security, Totalization

This paper quantifies the effects of the totalization agreements that coordinate the United States Social Security program with the comparable programs of other countries. For each treated country that has signed an agreement with the U.S., we construct a synthetic…

A Framework for Cost-Benefit Analysis of Totalization Agreements

• November 4, 2019
• Susan Barnes
• Totalization

Social Security totalization agreements affect a number of economic agents in a variety of ways. We propose to develop a cost-benefit framework of totalization agreements to facilitate the comparison of these effects and their assessment from a cost-benefit perspective. This…

Estimating the Macroeconomic Effects of Each Totalization Agreement

• November 4, 2019
• Susan Barnes
• Totalization

This paper aims to quantify the effects of each Social Security totalization agreement that the United States has established since the late 1970s. We combine the recently developed synthetic control method with event-study analyses by constructing, for each country of…

2018 Key Findings

• July 15, 2019
• Susan Barnes
• Administrative data link, Affordable Care Act, Behavioral economics, benefit claiming, Cognition, Financial well-being, Health and Retirement Study, Health reform, International, Labor force participation, Labor Supply, Life-cycle model, Long-term care, Medicaid, Medicare, Mortality trends, OASDI trust funds, Older workers, Payroll taxes, pensions, Program interaction, retirement savings, Second career, Social Security, Social Security program communications, Social Security reform, Social Security spousal benefits, Supplemental Security Income, Totalization, Veterans