Showing 1 - 10 of 58
Recent advances in behavioral decision research, behavioral economics, and life-span development psychology provide … leverage for expanding our understanding of the decision to retire earlier versus later. This report examines how cognitive … intelligence, financial literacy, expectations for the future, future time perspective, and maximizing versus satisficing decision …
Persistent link: https://www.econbiz.de/10013061148
This paper analyzes new data from the 2009 National Financial Capability Study. This survey provides information to assess how American households make financial decisions, how they are faring under current economic conditions, and in what ways financial knowledge contributes to financial...
Persistent link: https://www.econbiz.de/10013136150
Immigration is having an increasingly important effect on the social insurance system in the United States. On the one hand, eligible legal immigrants have the right to eventually receive pension benefits, but also rely on other aspects of the social insurance system such as health care,...
Persistent link: https://www.econbiz.de/10013118378
After peaking around the year 2000, the Labor Force Participation Rate (LFPR) of Americans declined substantially, falling faster after the financial crisis of 2007. Since 2015, the LFPR has remained at its lowest in four decades. In this paper, we produce a comprehensive review of the...
Persistent link: https://www.econbiz.de/10012894102
Much of the literature on labor supply responsiveness to taxes studies the effects of payroll and income taxes together, usually using income tax changes to identify effects. There is less research on how individuals respond to payroll taxes specifically. Given the salience of the payroll tax...
Persistent link: https://www.econbiz.de/10013012150
Recent literature has documented a widening gap in mortality in the United States between individuals with high socioeconomic status (SES) and low SES. An important question is whether this trend will continue. In this paper we document trends and inequalities in the health status at ages 54 to...
Persistent link: https://www.econbiz.de/10012857757
We examine the size and composition of flows of Mexican migrants intending to cross the border and enter the United States. We focus on two characteristics which relate to eligibility for Social Security retirement benefits: legal immigration status and prior US migration history. We compare...
Persistent link: https://www.econbiz.de/10013057305
This report presents a review of the major U.S. federal and state means-tested programs, including a review of how they operate, common features, and rules governing eligibility. The review covers the nature of the target recipient population, the nature of the benefits (cash or in-kind),...
Persistent link: https://www.econbiz.de/10012924143
Employment trends in the U.S. were similar across age groups in the 1960s, 1970s, and 1980s: male employment rates declined or were flat at all ages and female employment rates increased or were flat at all ages. But employment trends diverged more recently, with employment rising at older ages...
Persistent link: https://www.econbiz.de/10013078135
Cross-national comparisons of data from developed countries offer useful insights into the retirement process and policy. Here we summarize findings for older persons age 50-70 using new microdata files collected by the Japanese Study of Aging and Retirement (JSTAR) project, and we compare these...
Persistent link: https://www.econbiz.de/10013080488