Displaying items by tag: inequality - The New School SCEPA

Social Security benefits are progressive and reduce the unequal distribution of retirement wealth generated by a broken employer-based retirement system.

Workers in low-wage households are more likely to experience economic shocks and to withdraw from their retirement accounts, exacerbating pre-existing inequalities in the retirement savings system.

In a first-of-its-kind analysis, ReLab’s latest policy note reveals sharp inequalities in retirement wealth.

Teresa Ghilarducci, labor economist and director of SCEPA's Retirement Equity Lab (ReLab), made the following statement regarding Congressional Republicans' proposal to cut contribution limits for 401(k) retirement savings contributions:

What is the “retirement wealth inequality machine?”

Only a power and resource shift from capital to labor can reverse the entrenched trends of inequality.

Alternet and the Huffington Post published an interview by Lynn Parramore with SCEPA economist and New School Economics Professor Emeritus Lance Taylor.

This policy note shows how the current system of tax deferral for retirement contributions contributes to wealth inequality.

This paper supports the need to focus not only on ensuring Social Security’s solvency for future generations, but building the program’s ability to support all working Americans.

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SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.