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How Does Social Security Reform Indecision Affect Younger Cohorts?
National Bureau of Economic Research [NBER]; purchase required for full document Link to more items from this source
June 1, 2021

"[The authors] calculate the value that people in different income classes and different birth cohorts would receive if the government decided now what it will do when the trust funds are exhausted.... In some cases, the value of knowing today what the policy change will be in 2035 is worth more than two months of labor market earnings."

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