Studies

NCPA studies generally break new ground on policy issues. A study seeks to cast new light on an issue and to stimulate policy-makers and others to think of new, innovative solutions to the problems associated with the issue. Studies may combine several elements of analysis, including original research, reviews of academic literature, creative approaches for solving public policy problems, and economic modeling.

Medical Savings Accounts and Prescription Drugs: Evidence from South Africa

Unlike the United States experience, MSAs in South Africa developed in a relatively free health insurance marketplace. As a result, employers and insurers have been able to experiment and innovate to…

Social Security Reform Around the World: Lessons from Other Countries

Social Security reform is one of the most prominent domestic policy issues in the United States. The U.S. is not alone in facing the daunting challenges posed by its retirement security program.

The Economic Cost of the Social Security Payroll Tax

The payroll tax that funds Social Security, Medicare and Disability Insurance, called FICA, is already the largest tax most American families pay. In the future, it will claim an even greater share of…

Gaining Ground: Women, Welfare Reform and Work

Contrary to the expectations of many welfare reform critics, most of the women heading these families went to work. In fact, the  proportion of single mothers who work has increased dramatically since…

Women and Taxes

Largely for historical reasons, the American tax system is disconnected with the way women participate in the economy. The major elements of the tax system were put in place in the 1930s, 1940s and 19…

Tax-Favored Savings Accounts: Who Gains? Who Loses?

Recent legislation greatly expands the limits on tax-deferred savings accounts, including 401(k) plans and IRAs. This legislation is the latest in a quarter century effort by the federal government to…

Reinventing Retirement Income in America

Traditional defined benefit pension plans, which are managed by employers and which promise workers a specific monthly payment on retirement, are disappearing. Instead, more than 42 million workers no…

Government Spending on the Elderly: Social Security and Medicare

Social Security and Medicare will begin paying out more in benefits than they collect in payroll tax revenues. As a result, taxes will have to rise.