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The Welfare Cost of  Perceived Policy Uncertainty: Evidence from Social Security The Welfare Cost of  Perceived Policy Uncertainty: Evidence from Social Security

The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security - PowerPoint Presentation

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Uploaded On 2018-03-14

The Welfare Cost of Perceived Policy Uncertainty: Evidence from Social Security - PPT Presentation

Erzo F P Luttmer Andrew A Samwick Dartmouth College and NBER March 2017 Motivating Question Future government policy is subject to uncertainty How costly is this uncertainty When does policy uncertainty matter most ID: 651110

benefits uncertainty policy risk uncertainty benefits risk policy premium expected welfare social security certainty future starting behavior equivalent distribution

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