Differential Mortality and Retirement Benefits in the Health and Retirement Study

This analysis uses data from the Health and Retirement Study (HRS) to examine the sources of variation in mortality for individuals of varying socio-economic status (SES). The use of the HRS allows a distinction between education and a measure of career earnings as primary determinants of socio-economic status for men and women separately. We use those predictions of mortality to estimate the distribution of annual and lifetime OASDI benefits for different birth cohorts spanning the birth years from 1900 to 1950. We find differential rates of mortality have had substantial effects in altering the distribution lifetime benefits in favor of higher income individuals

Economic Growth in East Asia: Accumulation versus Assimilation

macroeconomics, Economic Growth, East Asia, Accumulation, Assimilation

Taxes and the Investment Recovery

macroeconomics, investment, recovery, taxes

Introducción

El Tratado de Libre Comercio de América del Norte (TLC) tiene como objetivo reducir, y en última instancia eliminar, la mayoría de las barreras al comercio y a la inversión entre Canadá, México y Estados Unidos. Aunque se puede interpretar como la continuación de una tendencia anterior hacia una mayor integración económica entre estos tres países, el TLC simboliza un cambio de mayor envergadura, particularmente en las relaciones económicas entre México y Estados Unidos.

Private Sector Union Density and the Wage Premium: Past, Present, and Future

The rise and decline of private sector unionization were among the more important features of the U.S. labor market during the twentieth century. Following a dramatic spurt in unionization after passage of the depression-era National Labor Relations Act (NLRA) of 1935, union density peaked in the mid-1950s, and then began a continuous decline. At the end of the century, the percentage of private wage and salary workers who were union members was less than 10 percent, not greatly different from union density prior to the NLRA