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Adjusting Social Security Benefits for Changes in the Cost of Living (Policy Briefs/Retirement Project Brief Series)
Rudolph G. Penner

This brief examines different price indices that might be used to adjust Social Security benefits for changes in the cost of living. The currently used consumer price index for wage and clerical workers (CPI-W) is probably biased upward. A new experimental "chain" index removes some of the upward bias and therefore rises more slowly. Using it would help solve some of Social Security's long-run financial problems. Another candidate is an experimental index designed to reflect the purchases of the elderly. Largely because it heavily weights health costs, it is likely to rise faster than the CPI-W.

Posted to Web: July 26, 2010Publication Date: July 01, 2010

SSA/SIPP/IRS Synthetic Beta File: Analytic Evaluation (Research Report)
Karen E. Smith, Douglas A. Wissoker, Additional Authors

The paper provides an independent evaluation of the SIPP Synthetic Beta File. This file, created by the Bureau of the Census, is intended to provide a public use database with similar statistical properties as the confidential Social Security Administration's earnings and benefit data linked to the SIPP. There is much to praise in the Census work. Many univariate distributions were "spot on." Unweighted regression analyses had some problems and results for them were mixed. In policy simulation modeling there were many instances of differences between the Synthetic and actual data that would have led researchers to wrong conclusions.

Posted to Web: January 14, 2010Publication Date: March 31, 2009

Public Expenditures on Children through 2008 (Fact Sheet / Data at a Glance)
Jennifer Ehrle Macomber, Julia Isaacs, Adam Kent, Tracy Vericker

Key facts are highlighted from several Urban Institute and Brookings Institution reports on public expenditures on children through 2008. Findings reveal that spending on children increased under the American Recovery and Reinvestment Act (ARRA) and other stimulus spending, but not proportionately to other federal spending. As ARRA expires, spending on children is projected to decline, assuming no change in current policies. Results also show that states and localities spent more money than the federal government did on children in 2004, except when it came to the youngest children, and that overall public investment (local, state, and federal) increases as children get older.

Posted to Web: January 14, 2010Publication Date: January 11, 2010

Many Low-Income Working Families Turn to the Supplemental Nutrition Assistance Program for Help (Fact Sheet / Data at a Glance)
Sheila R. Zedlewski, Ei Yin Mon

The Supplemental Nutrition Assistance Program (SNAP) provides essential help in purchasing food for most low-income Americans. Most families can qualify for benefits if their assets and income fall below minimum levels. SNAP caseloads are at an all-time high due to the recession and to program changes making it easier to receive benefits. The majority of working families that receive assistance are headed by single parents that work part time. SNAP benefits substantially reduce poverty, especially deep poverty, when benefits are added to cash income.

Posted to Web: August 11, 2009Publication Date: August 10, 2009

A Guide to Home Mortgage Disclosure Act Data (Research Report)
Kathryn L.S. Pettit, Audrey Droesch

The Home Mortgage Disclosure Act (HMDA) requires most lending institutions to report on home mortgage loan applications, including the application outcome, loan- and applicant-related information, and property location. Annual data collected through HMDA provide a unique set of files with information at the neighborhood level. This guide describes the HMDA original source data and the HMDA indicators available on DataPlace. The guide also illustrates how HMDA indicators can be used to shed light on such issues as neighborhood investment trends, changes in the racial and economic composition of home buyers, disparities in home loan access, and subprime lending.

Posted to Web: February 03, 2009Publication Date: December 01, 2008

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