Munnell, Alicia H.; Wu, Rebecca April Yanyuan - Center for Retirement Research (CRR), Boston College - 2012
programs. However, economists in the United States generally reject this theory, arguing that the labor market is dynamic and … the economy can adapt to labor force changes. Nevertheless, “crowding out” has received increased media attention in the … wake of the Great Recession and, if generally accepted, could impede the trend towards working longer. This brief …