G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w18489
来源IDWorking Paper 18489
The Revenue Demands of Public Employee Pension Promises
Robert Novy-Marx; Joshua D. Rauh
发表日期2012-10-25
出版年2012
语种英语
摘要We calculate increases in contributions required to achieve full funding of state and local pension systems in the U.S. over 30 years. Without policy changes, contributions would have to increase by 2.5 times, reaching 14.1% of the total own-revenue generated by state and local governments. This represents a tax increase of $1,385 per household per year, around half of which goes to pay down legacy liabilities while half funds the cost of new promises. We examine sensitivity to asset return assumptions, wage correlations, the treatment of workers not currently in Social Security, and endogenous geographical shifts in the tax base.
主题Macroeconomics ; Fiscal Policy ; Public Economics ; Taxation ; National Fiscal Issues ; Subnational Fiscal Issues
URLhttps://www.nber.org/papers/w18489
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576164
推荐引用方式
GB/T 7714
Robert Novy-Marx,Joshua D. Rauh. The Revenue Demands of Public Employee Pension Promises. 2012.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w18489.pdf(424KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Robert Novy-Marx]的文章
[Joshua D. Rauh]的文章
百度学术
百度学术中相似的文章
[Robert Novy-Marx]的文章
[Joshua D. Rauh]的文章
必应学术
必应学术中相似的文章
[Robert Novy-Marx]的文章
[Joshua D. Rauh]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w18489.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。