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  • Louis Esposito, Michael Barro, +4 authors Barro
  • 1979
The author reviewed four major empirical studies that investigated the effect of the social security program on aggregate private saving. He concluded that none of the studies support the hypothesis that the social security system decreases private saving. Because the author drew upon the research of four other economists, it was felt that they, in turn,(More)
EVER SIKCE the pubhcstlon of a 1974 study by Martin Feldsteln the effects of soaal security on prwnte saving have been the subject of contlnulng debate Feldstan churned that 111s empnxal anal-ysls of U S txne-serves d&s for the period 192Q-71 suggests that the socml security program reduced prwate sawng by 38 percent m 1971 This rather starthng conclusion(More)
During debate on the 1977 Social Security Amendments, it was suggested that the impact on firms of a change in the mamximum taxable amount under the social security program would in part depend on the size of the firm. This study analyzes the relationship between increases in employer payroll-tax liability and both firm size and industry group. The authors(More)