Economic Policy

Economic Policy

Apple and Microsoft might be new poster children for tax reform

Published in The Hill

Several news stories this summer demonstrate what many of us already know to be true: Our outdated tax code is keeping much-needed investment money overseas instead of here in the United States.

Op-Ed: Candidates should stump on capital formation

Published in The Hill

By creating a tax system that is conducive to growth, Washington will help U.S. businesses and families focus once again on investing for the future, which will once again spur the kind of growth our economy needs.

Fiduciary Rule Puts Retirement Savers At Risk

Published in Daily Caller

Under the new rule, financial advisors will be burdened with increased compliance considerations and greater legal liability, which will in turn increase the cost and restrict access to affordable retirement advice for many hardworking Americans.

Special Report: Trade Promotion Authority – American Economy & Trade

This special report discusses the importance of TPA in trade negotiations, as well as the positive impact of a system that promotes open markets on U.S. jobs and economic growth.

Making Savings Last During Retirement: Lessons From Behavioral Economics

This report looks at the existing literature on behavioral economics, which has traditionally focused on the accumulation phase of retirement planning, and con- siders the applicability of some of its findings to the payout phase in order to understand how guaranteed lifetime income can be made a natural part of the retirement decision for individuals at varying income levels.

Macroeconomic Effects of Increased Annuitization: A Quantitative Assessment

This paper assesses the impacts of increased annuitization on the U.S. economy through macroeconometric model simulation of a policy initiative currently in the Congress—The Lifetime Pension Annuity for You Act (Lifetime PAY Bill) introduced by Representative Earl Pomeroy (D-ND).

Lifetime Annuities for US: Evaluating the Efficacy of Policy Interventions in...

The adequacy of retirement income depends not only on how much wealth a household accumulates, but also on decisions on how to allocate and spend this wealth after retirement. Uncertainty about the length of life is crucial in decision making about allocating and spending down wealth.

Can Annuities Enhance Retirement Lifestyles?

This report investigates the current trends in the annuities market and their importance for the aging population.