relationship between social security provisions and retirement. The project relies on the analyses of a large group of economists … consistently show that program incentives accord strongly with retirement decisions. The magnitude is illustrated by the …, perhaps closer to 36 percent in the long run. On the other hand, an illustrative common reform'-- with early retirement at age …

delaying benefit claim for a period of time after retirement is optimal in a wide variety of cases and that gains from delay …

Our paper is an examination of the Social Security cost of smoking from an individual point of view. It is well known … that smokers have a shorter life expectancy than nonsmokers. This means that by smoking they are giving up potential Social … calculate expected Social Security taxes and benefits for each group, using median earnings as a base. We find that smoking …

retirement benefit entitlement. One concern that arises is how those who are not working before reaching entitlement age are able … entitlement in the United States using data drawn from the Health and Retirement Study. The major finding is that four out of five …. Reaching the early retirement entitlement age at 62 also has a significant impact on poverty avoidance …

An enhanced version of a structural model jointly explains benefit claiming, wealth and retirement, including reversals … Retirement Study data, it does a better job of predicting claiming than previous versions. Alternative beliefs about the future … entitlement age, increasing the full retirement age, and eliminating the payroll tax for seniors. Predicted responses to …

This study documents an important role for Social Security income in workers' retirement timing. About 40 percent of … Social Security on retirement timing by comparing covered and non-covered teachers. Using individual-level data from the … American Community Survey, we find robust evidence of higher rates of retirement among covered teachers at Social Security …

Retirement Around the World. This project, which compares the experiences of a dozen developed countries, was launched in the mid … project document that social security program provisions can create powerful incentives for retirement that are strongly … affect retirement, whether there is a link between older employment and youth unemployment, and whether older individuals are …

Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the …