Economist Sita Nataraj Slavov specializes in public finance issues dealing with retirement and the economics of aging. Her recent work has focused on whether retiree health insurance encourages early retirement, the impact of widowhood on out-of-pocket medical expenses among the elderly and the optimal time to claim Social Security. Before joining AEI, Slavov taught a variety of economic courses at Occidental College: game theory, public finance, behavioral economics and econometrics. She has also served as a senior economist specializing in public finance issues at the White House's Council of Economic Advisers. Her work at AEI will focus on Social Security and retirement issues.
If we want to keep our current tax and benefit structure, which features a relatively high tax burden at the top and a low burden on the middle class, as well as welfare benefits that phase out rapidly with income, then we will need to sharply curb entitlement spending.
In the wake of the government shutdown, the budget conference committee led by House Budget Committee Chairman Paul Ryan, R-Wis., and Senate Budget Committee Chair Patty Murray, D-Wash., now faces the tough and contentious work of trimming the massive federal budget. Entitlement spending will likely be a central issue, and...
Most private sector workers with employer-provided health insurance have a strong incentive to continue working until Medicare eligibility in order to maintain group health coverage. However, most government employees have access to retiree health coverage, which allows them access to group health...
Five years ago, financial markets erupted in turmoil as numerous large financial institutions faced bankruptcy. Many economists believe that the benefits of the bailouts – limiting the financial meltdown and preventing a much deeper economic downturn – outweighed their costs, including the hidden cost arising from moral hazard.
Social Security can be claimed at any age between 62 and 70, with delayed claiming resulting in larger monthly payments. Claiming later increases the present value of lifetime benefits for most individuals. However, this has not always been the case. We find that the gains from delay increased substantially after 2000, with changes in the interest rate driving the increase.
Using data from two detailed, nationally representative, household datasets, we explore whether women who are economically empowered are less likely to experience domestic violence. We find that, while working women may be at a greater risk of violence, higher earnings are associated with a reduction in violence.
In order to avoid "physician-induced demand," a documented phenomenon that results in overtreatment and contributes to high health care costs, policymakers can not ignore the financial incentives facing both doctors and patients.
A recent study suggests that much of partisan disagreement on facts is just cheap talk. The researchers find that if people are given a chance to earn monetary rewards for providing correct answers – or for being willing to admit their ignorance – on factual questions, the partisan gaps found in polls sharply narrow.
As policy makers reevaluate popular tax breaks in the face of growing revenue needs, they should carefully rethink the rationale for favoring homeownership over renting. On balance, there is no clear evidence to suggest that homeownership causes stronger communities or better outcomes for children.