Behaghel, Luc; Blau, David M. - In: American Economic Journal: Economic Policy 4 (2012) 4, pp. 41-67
We use a US Social Security reform as a quasi-experiment to provide evidence on framing effects in retirement behavior. The reform increased the full retirement age (FRA) from 65 to 66 in two-month increments per year of birth. We find strong evidence that the spike in the benefit claiming...