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The Insurance Role of Household Labor Supply for Older Workers
Li, Yanan; Prowse, Victoria L. - 2014
In this paper, we explore and compare how older and younger couple households use adjustments in the wife’s labor supply to mitigate the effects of negative shocks to the husband’s employment status. Using difference-in-differences matching methods, we document a substantial added worker...
Persistent link: https://www.econbiz.de/10014139607
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Labor Market Shocks and Early Social Security Benefit Claiming
Card, David - 2015
-eligible, one reaction to these losses is to begin claiming Social Security retirement benefits. We use administrative earnings … among workers in their late 50's and early 60's on Social Security retirement benefit claiming rates. We find that labor …
Persistent link: https://www.econbiz.de/10013022362
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Time Discounting and Economic Decision-Making Among the Elderly
Huffman, David - 2020
variables including wealth, the timing of retirement, investments in health, and decisions about end-of-life care …
Persistent link: https://www.econbiz.de/10012854861
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Spousal Labor Supply Responses to Government Programs : Evidence from the Disability Insurance Program
Chen, Susan - 2012
Disability is a permanent unexpected shock to labor supply which according to the theory of the added worker effect should induce a large spousal labor supply response. The Disability Insurance (DI) program is designed to mitigate the income lost due to disability. To the extent that it does...
Persistent link: https://www.econbiz.de/10014169081
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Shocks and transitions from career jobs to bridge jobs and retirement : a new approach
Ameriks, John; Briggs, Joseph; Caplin, Andrew; Lee, Minjoon - 2018
search behavior of households. The research finds that, even though a direct transition from a career job to full retirement …
Persistent link: https://www.econbiz.de/10011980313
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How Do Pension Changes Affect Retirement Preparedness? The Trend to Defined Contribution Plans and the Vulnerability of the Retirement Age Population to the Stock Market Decline of...
Gustman, Alan L.; Steinmeier, Thomas L.; Tabatabai, Nahid - 2009
approaching their retirement, the average person approaching retirement age is not likely to suffer a life changing financial loss … been greatly exaggerated. If there is any postponement of retirement due to stock market losses, on average it will be a … background information that corrects misperceptions about pension holdings of the retirement age population. Pension coverage is …
Persistent link: https://www.econbiz.de/10014200513
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Social Security Literacy and Retirement Well-Being
Benitez-Silva, Hugo; Demiralp, Berna; Liu, Zhen - 2009
using a realistic and empirically-based life-cycle model of retirement behavior under uncertainty. We investigate the … individual’s retirement and savings decisions under incomplete information and unawareness, in which a portion of the population …
Persistent link: https://www.econbiz.de/10014200698
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Social Security Rules and Labor Force Participation of Older Workers : Evidence from Chile
Edwards, Alejandra Cox; James, Estelle - 2009
Recent research has argued that incentives stemming from social security systems influence the worker’s decision to retire. The experience of Chile, which radically changed its system in 1981, offers an opportunity to test this hypothesis. The new system tightened access to early pensions,...
Persistent link: https://www.econbiz.de/10014203738
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Labor Supply Effects of the Interaction between the Social Security Disability and Retirement Programs at Full Retirement Age
Maestas, Nicole; Yin, Na - 2010
by exploiting the fact that DI benefits are payable only until full retirement age (FRA), at which point they are …
Persistent link: https://www.econbiz.de/10014210669
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Early Retirement, Labor Supply, and Benefit Withholding : The Role of the Social Security Earnings Test
Benitez-Silva, Hugo; Heiland, Frank - 2009
The labor supply and benefit claiming incentives provided by the early retirement rules of the Social Security Old Age … benefits program are of growing importance as the Normal Retirement Age (NRA) increases to 67, the labor force participation of … Health and Retirement Survey. We then investigate the importance of the Earnings Test limits for work and claiming behavior …
Persistent link: https://www.econbiz.de/10014210714