Journal of Economic Literature
Book Reviews
2026-08-28
Kent Smetters of U of PA reviews “Individual Accounts for Social Security Reform: International Perspectives on the U.S. Debate” by John Turner,. The EconLit Abstract of the reviewed work begins “Examines how individual accounts would work if they were adopted in the United States as part of Social Security reform. Introduces individual accounts, the framework used to analyze them, and the key issue of risk. Surveys the main issues in the social security reform debate and examines social security reform involving individual accounts. Addresses the financial management of individual accounts. Examines labor market issues. Discusses the forms in which individual accounts pay benefits and the taxation of individual accounts. Turner is Senior Policy Advisor at the AARP Public Policy Institute. Index.”