Showing 1 - 10 of 1,272
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
The paper is an empirical cross-section study of the retirement decisions of American white men between the ages of 58 … circumstances of older workers. The two equations are estimated jointly by maximum likelihood, which takes into account the …). The model is reasonably successful in predicting retirement decisions, and casts serious doubt on previous claims that the …
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
Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … participation of older workers. The third phase demonstrated the consequent fiscal implications that extending labor force …
Persistent link: https://www.econbiz.de/10012464002
pensions for a longer time while there are less workers per retiree to shoulder the financial burden of the pension systems …
Persistent link: https://www.econbiz.de/10012472033
all retirement income is in the form of SS benefits; (4) the existence of an early retirement provision, which attracts no … actuarial penalty, greatly distorts choices in favor of early retirement. This paper addresses the above issue by first … accrual rate (i.e. the percentage change in Social Security Wealth) from postponing retirement and the implicit tax …
Persistent link: https://www.econbiz.de/10012472659
schemes such as social security and disability insurance, and from private arrangements, such as early retirement and … occupational pensions. In general, the generous replacement rates offered by these schemes act as powerful stimuli for retirement …. Although Dutch research into the retirement effects of the earnings replacing schemes for the elderly was limited until the …
Persistent link: https://www.econbiz.de/10012472678
I investigate how the relationship between health status and retirement among older men has changed since 1900 using …, suggesting that health is now less important to the retirement decision than in the past. The difference in the relative risk of … incorporation of the old and disabled into the labor force may therefore have a minimal impact on retirement rates. The findings …
Persistent link: https://www.econbiz.de/10012473975
In this paper we use trends in self-reported disability from the late forties through the late eighties to gauge the impact of the growth of income maintenance for the disabled on the labor force attachment of older working-aged men. Under the assumption that the actual health of these men has...
Persistent link: https://www.econbiz.de/10012475593