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Assessing the impact of income tax, social security tax, and health care spending on U.S. saving rates

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  • Alan J. Auerbach
  • Jagadeesh Gokhale
  • Laurence J. Kotlikoff

Abstract

An assessment of the effects of proposed reductions in income and Social Security taxes on middle-income Americans and of cuts in health care spending, using the generational accounting method to examine their likely impact on both current and future national saving rates.

Suggested Citation

  • Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1992. "Assessing the impact of income tax, social security tax, and health care spending on U.S. saving rates," Economic Review, Federal Reserve Bank of Cleveland, vol. 28(Q IV), pages 13-21.
    • Handle: RePEc:fip:fedcer:y:1992:i:qiv:p:13-21:n:v.28no.4
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    References listed on IDEAS

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    1. Auerbach, Alan J & Gokhale, Jagadeesh & Kotlikoff, Laurence J, 1992. " Generational Accounting: A New Approach to Understanding the Effects of Fiscal Policy on Saving," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(2), pages 303-318.
    2. Christopher D. Carroll, 1994. "How does Future Income Affect Current Consumption?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 111-147.
    3. Cardarelli, Roberto & Sefton, James & Kotlikoff, Laurence J, 2000. "Generational Accounting in the UK," Economic Journal, Royal Economic Society, vol. 110(467), pages 547-574, November.
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