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Retirement Around the World. The first phase described the retirement incentives inherent in plan provisions and documented the … strong relationship across countries between social security incentives to retire and the proportion of older persons out of … eliminate the incentives for older persons to leave the labor force, claiming that the consequent increase in the employment of …
Persistent link: https://www.econbiz.de/10012464002
Many provisions of the Social Security Program distort an individual's labor supply incentives. In particular, the …
Persistent link: https://www.econbiz.de/10012478119
strong work incentives for older men. The reason is that, for most workers, higher current earnings lead to higher future … social security benefits. These incentives have been particularly strong for workers under 65 years of age and, although they …
Persistent link: https://www.econbiz.de/10012478571
In this paper, we analyze the association between financial incentives and retirement decisions using aggregate data … examine its correlation with employment rates for older workers. The results suggest that financial incentives play a role in …
Persistent link: https://www.econbiz.de/10012481015
Disability Insurance (DI), which provides income support to disabled workers, has been criticized for inducing a large fall in the labor force participation rate of older workers. We study the effects of one policy response designed to address this moral hazard problem: raising the rate at which...
Persistent link: https://www.econbiz.de/10012473963
One of the most striking features of the postwar U.S. economy has been the rapid decrease in the labor force participation of the elderly at a time when the health of this group has been improving. In spite of this, previous research, based on retrospective interviews with the retired...
Persistent link: https://www.econbiz.de/10012479019
project document that social security program provisions can create powerful incentives for retirement that are strongly … incentives and examine how changing incentives may have affected retirement behavior …
Persistent link: https://www.econbiz.de/10012480931
manner that creates incentives for prospective SSI recipients to take social security early retirement (SSER). This paper …
Persistent link: https://www.econbiz.de/10012470045
incentives to go on working until being eligible for a full" pension, even if mandatory complementary schemes soften incentives …
Persistent link: https://www.econbiz.de/10012472596
The elderly are one of the exceptional groups in American society with access to a significant cash safety net, a means-tested program called Supplemental Security Income (SSI). Little attention has been paid to the pre-eligibility-age labor market disincentives created by such a program. In...
Persistent link: https://www.econbiz.de/10012472008