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Would Saving U.S. Social Security Raise National Saving?

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  • Mr. Jan Walliser

Abstract

Analysts agree that raising national saving is one of the key objectives of social security reform in the United States. Hence, to judge the merits of proposals requires a comparison of saving responses. The paper outlines the difficulties involved in making those comparisons, which arise from the unsustainability of the current social security system and the uncertainty regarding the use of projected budget surpluses. Building on previously developed arguments, it discusses three typical reform plans and also draws some conclusions about the relationship between social security reform and the long-run sustainability of fiscal policy.

Suggested Citation

  • Mr. Jan Walliser, 1999. "Would Saving U.S. Social Security Raise National Saving?," IMF Policy Discussion Papers 1999/007, International Monetary Fund.
    • Handle: RePEc:imf:imfpdp:1999/007
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    References listed on IDEAS

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    1. Laurence J. Kotlikoff & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy," NBER Chapters, in: Generational Accounting around the World, pages 9-30, National Bureau of Economic Research, Inc.
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