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International Perspectives on the U.S. Debate
John Turner uses the documented experiences of many countries—including the U.K., Sweden, Chile, Australia, Canada, and others—and the tools of economics to analyze the public policy issues surrounding the proposed implementation of individual accounts as part of the U.S. Social Security system. The result is a book that clarifies these issues while offering direction to Social Security policymakers. Also included is a comprehensive overview of the types of defined contribution plans in use today.
Ensuring Quality or Restricting Competition?
"Morris Kleiner has produced the most thorough evaluation of the effects of occupational licensing in years, perhaps ever. In a rational world, this book would provoke interest by policymakers and the public in reconsidering where occupational licensing is beneficial for society, and where it is beneficial for those lucky enough to be granted licenses but not for society as a whole." –Alan B. Krueger, Princeton University
Facing Up to Longevity Issues Affecting Social Security, Pensions, and Older Workers
The life expectancy of Americans continues to increase, and each day 12,000 baby boomers turn 50, expanding the ranks of our older population while ramping up the pressure on public and private retirement programs. At the same time, public policy has failed to keep pace with the challenges this aging population brings of how to pay for the living costs of those added years; many of our current social policies and employee benefit policies were designed during an era when people had shorter life spans. Turner addresses these policy issues and makes the case that longevity policy should be recognized as a distinct area—as we do now for climate change. Instead of treating issues relating to older age, Social Security, and pensions separately, we need to recognize the interrelationships among these areas and adopt a unified approach toward policy. Doing so, Turner argues, would make for much more effective and efficient policymaking.
Better Trade Statistics for Better Policy
Among the most pressing policy questions in the United States and other advanced economies are those concerning the impact of globalization: Has globalization fostered productivity growth and well-being in advanced economies? Or have the forces of globalization weakened key national industries, resulted in widespread worker dislocation and wage stagnation, and worsened inequality? Understanding the impacts of globalization is critical to fashioning appropriate policies in a rapidly changing world. But understanding its impacts rquires good data, and national statistical systems were not designed to measure many of the transactions occurring in today's global economy. The chapters in this two-volume set identify biases and gaps in national statistics, examine the magnitude of the problems they pose, and propose solutions to address signficant biases and fill key data gaps.
Low-Income Families after Welfare Reform
Johnson, Kalil, and Dunifon focus on this tenuous work-family balance, or lack thereof, and its effects on children. What they discover is that work per se is not detrimental for single-mother families. In fact, it brings stability, routine, and a sense of pride to working women and their families. However, they also find that the nature of the work— the type of work, number of hours worked, and the flexibility of the job—is a key factor in maintaining an acceptable balance and in promoting positive outcomes for their children.
Jobs and Social Insurance for a Changing Economy
This book presents a group of policy experts who advance our understanding of the labor market experiences of older workers while pointing out that current workforce programs often leave this growing population underserved.
The Search for Better Solutions
Turner provides a thorough overview of defined benefit, defined contribution, and hybrid retirement plans; describes the problems inherent in the current pension system; and presents possible solutions to those problems. In doing so, he approaches pension policy from a key perspective, the international perspective.
Led by Nobel laureate James J. Heckman, the authors draw on a variety of superior data sources to explore how performance standards and incentives influence the behavior of public managers and agency employees, their approaches to service delivery, and ultimately, the outcomes for participants in U.S. employment and training programs.