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Persistent link: https://www.econbiz.de/10002582617
The Social Security earnings test reduces benefits at a 33-50% rate once earnings pass a threshold amount - among the highest marginal tax rates in the economy. Previous research dismissed the importance of the earnings test but failed to take advantage of three changes in the earnings test...
Persistent link: https://www.econbiz.de/10012471588
human capital towards the end of the life cycle which responds to changes in the rules. Retirement arises endogenously as … (which is typically assumed exogenous in the retirement literature), an endogenous retirement decision (which is typically …
Persistent link: https://www.econbiz.de/10013190999
The paper is an empirical cross-section study of the retirement decisions of American white men between the ages of 58 …). The model is reasonably successful in predicting retirement decisions, and casts serious doubt on previous claims that the … retirement …
Persistent link: https://www.econbiz.de/10012478623
Media reports predicted that the stock market decline in October 2008 would cause changes in retirement intentions, due … to declines in retirement assets. We use panel data from the Health and Retirement Study to investigate the relationship … between stock market performance and retirement intentions during 1998-2008, a period that includes the recent crisis. While …
Persistent link: https://www.econbiz.de/10012462444
example, we find that any effort to promote opportunities for partial retirement as a means to increase overall work is likely …This paper advances the specification and estimation of models of retirement and saving in two earner families. The … complications introduced by the interaction of retirement decisions by husbands and wives have led researchers to adopt a number of …
Persistent link: https://www.econbiz.de/10012463042
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …
Persistent link: https://www.econbiz.de/10012464002
Social Security benefits that accrue with additional earnings on three measures of labor supply: retirement, hours, and labor … discontinuities as uncertainty about the future is resolved. We find clear evidence that individuals approaching retirement (age 52 … estimate that a 10 percent increase in the net-of-tax share reduces the two-year retirement hazard by a statistically …
Persistent link: https://www.econbiz.de/10012464110
-side explanation for the frequently observed discrete drop from full-time work to complete retirement …
Persistent link: https://www.econbiz.de/10012465527
Because the Supplemental Security Income (SSI) program is means-tested, with both income limits and asset limits, those on the margin of eligibility for the elderly component of the program face incentives to reduce labor supply (or earnings) prior to becoming eligible. Our past research relying...
Persistent link: https://www.econbiz.de/10012468846