Duggan, Mark G.; Dushi, Irena; Jeong, Sookyo; Li, Gina - National Bureau of Economic Research - 2021
monthly). The 1983 amendments to Social Security more than doubled this actuarial adjustment to 8.0 percent per year. These … later had an 8.0 percent DRC. In this paper, we use administrative data from the Social Security Administration (SSA) to … demonstrate that the increase in the DRC led to a significant increase in delayed claiming of social security benefits and …