by Barbara E. Kritzer Barbara E. Kritzer is with the Office of Research, Evaluation, and Statistics, Office of Policy, Social Security Administration. The United States is currently engaged in a national discussion about whether to make personal accounts a part of Social Security. To date, 31 other countries have implemented some type of individual, or personal, account as part of their mandato...

Adults have been concerned about adolescent impetuosity for centuries. The rashness of youth has been blamed for many teenage indiscretions, from juvenile delinquency to unprotected sex and substance use. At the turn of the 21st century, research on the development of self-control in adolescence added functional brain imaging as a complement to behavioral tasks and self-report questionnaires, b...

Aging populations are leading countries worldwide to social security reforms. Many countries are moving from pay-as-you-go to personal retirement account (PRA) systems because of their financial sustainability and positive impact on private savings. PRA systems boost private savings at a macro level by converting a government liability into financial wealth managed by private fund managers. How...