Kent A. Smetters

University of Pennsylvania - Business & Public Policy Department

Professor

3641 Locust Walk

Philadelphia, PA 19104-6372

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

38

DOWNLOADS
Rank 24,206

SSRN RANKINGS

Top 24,206

in Total Papers Downloads

1,517

CITATIONS
Rank 2,973

SSRN RANKINGS

Top 2,973

in Total Papers Citations

185

Scholarly Papers (38)

1.
Downloads 135 (174,557)
Citation 3

Measuring Social Security's Financial Problems

Michigan Retirement Research Center Research Paper No. WP 2005-093
Number of pages: 29 Posted: 17 Feb 2008
Jagadeesh Gokhale and Kent A. Smetters
Cato Institute and University of Pennsylvania - Business & Public Policy Department
Downloads 69 (277,622)
Citation 3

Abstract:

Measuring Social Security&Apos;S Financial Problems

NBER Working Paper No. w11060
Number of pages: 29 Posted: 15 Feb 2005
Jagadeesh Gokhale and Kent A. Smetters
Cato Institute and University of Pennsylvania - Business & Public Policy Department
Downloads 66 (284,521)
Citation 3

Abstract:

Fiscal and Generational Imbalances: New Budget Measures for New Budget Priorities

FRB of Cleveland Policy Discussion Paper No. 5
Number of pages: 44 Posted: 30 Oct 2007
Jagadeesh Gokhale and Kent A. Smetters
Cato Institute and University of Pennsylvania - Business & Public Policy Department
Downloads 84 (246,717)
Citation 17

Abstract:

3.

Optimal Portfolio Choice Over the Life Cycle with Social Security

Pension Research Council Working Paper No. 2010-06
Number of pages: 38 Posted: 09 Nov 2010
Kent A. Smetters and Ying Chen
University of Pennsylvania - Business & Public Policy Department and University of Pennsylvania - The Wharton School
Downloads 90 (219,927)
Citation 1

Abstract:

Portfolio, Social Security, Income, Model, Retirement, Households, Wages, Lifecycle, Wealth, Allocation, Stocks, Correlation, Model

Guaranteeing Defined Contribution Pensions: The Option to Buy Back a Defined Benefit Promise

Journal of Risk & Insurance, Vol. 70, pp. 1-16, March 2003
Number of pages: 16 Posted: 21 Mar 2003
Marie-Eve Lachance, Olivia S. Mitchell and Kent A. Smetters
affiliation not provided to SSRN, University of Pennsylvania - The Wharton School and University of Pennsylvania - Business & Public Policy Department
Downloads 25 (424,627)
Citation 17
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Abstract:

5.

Top Ten Myths of Social Security Reform

Number of pages: 36 Posted: 23 Jun 2008
Jeffrey R. Brown, Kevin A. Hassett and Kent A. Smetters
University of Illinois at Urbana-Champaign - Department of Finance, American Enterprise Institute (AEI) and University of Pennsylvania - Business & Public Policy Department
Downloads 79 (239,251)
Citation 2

Abstract:

Does Social Security Privatization Produce Efficiency Gains?

Michigan Retirement Research Center Research Paper No. WP 2005-106
Number of pages: 42 Posted: 17 Feb 2008
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 51 (324,229)
Citation 19

Abstract:

Does Social Security Privatization Produce Efficiency Gains?

NBER Working Paper No. w11622
Number of pages: 41 Posted: 20 Nov 2005
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 26 (419,406)
Citation 19

Abstract:

7.

Finding a Way Out of America's Demographic Dilemma

NBER Working Paper No. w8258
Number of pages: 63 Posted: 30 Apr 2001
Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser
Boston University - Department of Economics, University of Pennsylvania - Business & Public Policy Department and Congressional Budget Office
Downloads 75 (255,825)
Citation 16

Abstract:

8.

Simulating U.S. Tax Reform

NBER Working Paper No. w6248
Number of pages: 58 Posted: 25 May 2006
Federal Reserve Banks - Federal Reserve Bank of Atlanta, University of California, Berkeley - Department of Economics, Boston University - Department of Economics, University of Pennsylvania - Business & Public Policy Department and Congressional Budget Office
Downloads 64 (285,790)
Citation 19

Abstract:

9.

Who Bears the Burden of the Corporate Tax in the Open Economy?

NBER Working Paper No. w8280
Number of pages: 50 Posted: 05 May 2001
Jane Gravelle and Kent A. Smetters
Government of the United States of America - Congressional Research Service and University of Pennsylvania - Business & Public Policy Department
Downloads 63 (288,114)
Citation 4

Abstract:

10.

Insuring Against Terrorism: The Policy Challenge

NBER Working Paper No. w11038
Number of pages: 67 Posted: 04 Feb 2005
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 56 (292,828)
Citation 7

Abstract:

Trading with the Unborn: A New Perspective on Capital Income Taxation

Michigan Retirement Research Center Research Paper No. WP 2004-066
Number of pages: 49 Posted: 12 Feb 2008
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 32 (390,926)
Citation 4

Abstract:

Trading with the Unborn: A New Perspective on Capital Income Taxation

NBER Working Paper No. w9412
Number of pages: 47 Posted: 10 Jan 2003
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 17 (470,095)
Citation 5

Abstract:

12.

The Optimal Design of Social Security Benefits

Michigan Retirement Research Center Research Paper No. 2008-197
Number of pages: 21 Posted: 06 Feb 2009
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 48 (310,821)
Citation 1

Abstract:

Social Security Privatization with Elastic Labor Supply and Second-Best Taxes

NBER Working Paper No. w11101
Number of pages: 28 Posted: 02 Mar 2005
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 23 (435,729)
Citation 1

Abstract:

Social Security Privatization with Elastic Labor Supply and Second-Best Taxes

Michigan Retirement Research Center Research Paper No. WP 2005-092
Number of pages: 29 Posted: 17 Feb 2008
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 18 (464,329)
Citation 1

Abstract:

14.

Controlling the Cost of Minimum Benefit Guarantees in Public Pension Conversions

NBER Working Paper No. w8732
Number of pages: 39 Posted: 24 Jan 2002
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 39 (343,125)
Citation 13

Abstract:

15.

Social Security: Privatization and Progressivity

NBER Working Paper No. w6428
Number of pages: 21 Posted: 25 May 2006
Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser
Boston University - Department of Economics, University of Pennsylvania - Business & Public Policy Department and Congressional Budget Office
Downloads 38 (349,577)
Citation 11

Abstract:

16.

The Exchange Theory of Teenage Smoking and the Counterproductiveness of Moderate Regulation

NBER Working Paper No. w8262
Number of pages: 22 Posted: 30 Apr 2001
Kent A. Smetters and Jennifer Gravelle
University of Pennsylvania - Business & Public Policy Department and affiliation not provided to SSRN
Downloads 38 (359,626)
Citation 1

Abstract:

17.

Moral Hazard in Reinsurance Markets

NBER Working Paper No. w9050
Number of pages: 29 Posted: 11 Jul 2002
Neil A. Doherty and Kent A. Smetters
University of Pennsylvania - Insurance & Risk Management Department and University of Pennsylvania - Business & Public Policy Department
Downloads 37 (352,888)
Citation 9

Abstract:

A Matter of Trust: Understanding Worldwide Public Pension Conversions

Pension Research Council Working Paper No. 2010-04
Number of pages: 52 Posted: 10 Nov 2010
Kent A. Smetters and Walter Theseira
University of Pennsylvania - Business & Public Policy Department and Nanyang Technological University
Downloads 21 (447,088)

Abstract:

Social Security, Trust, Pension, System, Countries, Workers, Private, Reform, Demographic, Model

A Matter of Trust: Understanding Worldwide Public Pension Conversions

NBER Working Paper No. w17015
Number of pages: 56 Posted: 09 May 2011
Kent A. Smetters and Walter Theseira
University of Pennsylvania - Business & Public Policy Department and Nanyang Technological University
Downloads 14 (487,448)

Abstract:

19.

Is the Social Security Trust Fund Worth Anything?

NBER Working Paper No. w9845
Number of pages: 41 Posted: 21 Jul 2003
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 31 (359,626)
Citation 6

Abstract:

20.

Social Security Privatization with Income-Mortality Correlation

Michigan Retirement Research Center Research Paper No. WP 2006-140
Number of pages: 43 Posted: 21 Feb 2008
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 30 (373,992)
Citation 1

Abstract:

21.

Opting Out of Social Security and Adverse Selection

NBER Working Paper No. w6430
Number of pages: 57 Posted: 16 Jul 2000
Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser
Boston University - Department of Economics, University of Pennsylvania - Business & Public Policy Department and Congressional Budget Office
Downloads 30 (377,777)
Citation 3

Abstract:

22.

Ricardian Equivalence with Incomplete Household Risk Sharing

NBER Working Paper No. w8851
Number of pages: 24 Posted: 28 Mar 2002
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 28 (381,650)
Citation 1

Abstract:

23.

Ricardian Equivalence Under Asymmetric Information

Pension Research Council Working Paper No. 2010-05
Number of pages: 25 Posted: 10 Nov 2010
Kent A. Smetters and Shinichi Nishiyama
University of Pennsylvania - Business & Public Policy Department and Congressional Budget Office
Downloads 27 (373,992)

Abstract:

Market Shocks, Household, Altruism, Optimal, Hazard, Equilibrium, Symetric, Ricardian

24.

The (Interesting) Dynamic Properties of the Neoclassical Growth Model with Ces Production

NBER Working Paper No. t0290
Number of pages: 16 Posted: 08 Mar 2003
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 24 (402,980)
Citation 1

Abstract:

25.

Grade Non-Disclosure

NBER Working Paper No. w17465
Number of pages: 29 Posted: 30 Sep 2011
Daniel Gottlieb, Daniel Gottlieb and Kent A. Smetters
Washington University in St. Louis, University of Pennsylvania - Business & Public Policy Department and University of Pennsylvania - Business & Public Policy Department
Downloads 23 (398,483)
Citation 1

Abstract:

26.

The Equivalence of the Social Security's Trust Fund Portfolio Allocation and Capital Income Tax Policy

NBER Working Paper No. w8259
Number of pages: 34 Posted: 01 May 2001
Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department
Downloads 23 (422,424)
Citation 1

Abstract:

27.

Dropping Out of Social Security

Michigan Retirement Research Center Research Paper No. WP 2002-022
Number of pages: 54 Posted: 17 Jan 2008
Kent A. Smetters and Jan Walliser
University of Pennsylvania - Business & Public Policy Department and affiliation not provided to SSRN
Downloads 22 (412,436)
Citation 7

Abstract:

28.

Consumption Taxes and Economic Efficiency in a Stochastic OLG Economy

NBER Working Paper No. w9492
Number of pages: 58 Posted: 13 Feb 2003
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department
Downloads 22 (407,754)
Citation 3

Abstract:

29.

A Sharper Ratio: A General Measure for Correctly Ranking Non-Normal Investment Risks

NBER Working Paper No. w19500
Number of pages: 39 Posted: 05 Oct 2013
Kent A. Smetters and Xingtan Zhang
University of Pennsylvania - Business & Public Policy Department and University of Pennsylvania - The Wharton School
Downloads 18 (432,669)

Abstract:

30.

Measuring Social Security's Financial Outlook within an Aging Society

Number of pages: 16 Posted: 15 Feb 2012
Jagadeesh Gokhale and Kent A. Smetters
Cato Institute and University of Pennsylvania - Business & Public Policy Department
Downloads 17 (443,079)
Citation 2

Abstract:

31.

Optimal Portfolio Choice with Wage-Indexed Social Security

NBER Working Paper No. w17025
Number of pages: 37 Posted: 09 May 2011
Jialun Li and Kent A. Smetters
affiliation not provided to SSRN and University of Pennsylvania - Business & Public Policy Department
Downloads 17 (443,079)

Abstract:

32.

Moral Hazard in Reinsurance Markets

Journal of Risk and Insurance, Vol. 72, No. 3, pp. 375-391, September 2005
Number of pages: 17 Posted: 31 Aug 2005
Neil A. Doherty and Kent A. Smetters
University of Pennsylvania - Insurance & Risk Management Department and University of Pennsylvania - Business & Public Policy Department
Downloads 15 (458,352)
Citation 9
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Abstract:

33.

Optimal Annuitization with Stochastic Mortality Probabilities

NBER Working Paper No. w19211
Number of pages: 47 Posted: 13 Jul 2013
Felix Reichling, Felix Reichling and Kent A. Smetters
Congressional Budget Office, Government of the United States of America - Macroeconomic Analysis Division and University of Pennsylvania - Business & Public Policy Department
Downloads 12 (473,770)
Citation 1

Abstract:

34.

Narrow Framing and Life Insurance

NBER Working Paper No. w18601
Number of pages: 38 Posted: 07 Dec 2012
Daniel Gottlieb and Kent A. Smetters
University of Pennsylvania - Business & Public Policy Department and University of Pennsylvania - Business & Public Policy Department
Downloads 6 (478,880)

Abstract:

35.

Could a Website Really Have Doomed the Health Exchanges? Multiple Equilibria, Initial Conditions and the Construction of the Fine

NBER Working Paper No. w19835
Number of pages: 36 Posted: 28 Jan 2014
Florian Scheuer and Kent A. Smetters
Stanford University - Department of Economics and University of Pennsylvania - Business & Public Policy Department
Downloads 3 (520,944)

Abstract:

36.

Financing Old Age Dependency

Annual Review of Economics, Vol. 6, pp. 53-76, 2014
Posted: 08 Aug 2014
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department

Abstract:

37.

Do the Markets Care About the $2.4 Trillion U.S. Deficit?

Financial Analysts Journal, Vol. 63, No. 2, pp. 37-47, 2007
Posted: 19 Apr 2007
Jagadeesh Gokhale and Kent A. Smetters
Cato Institute and University of Pennsylvania - Business & Public Policy Department

Abstract:

Economics, Macroeconomics, Relationship of Economic Activity to the Investment Process

38.

Consumption Taxes and Economic Efficiency with Idiosyncratic Wage Shocks

Journal of Political Economy, Vol. 113, pp. 1088-1115, October 2005
Posted: 15 Sep 2005
Shinichi Nishiyama and Kent A. Smetters
Congressional Budget Office and University of Pennsylvania - Business & Public Policy Department

Abstract: