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that Social Security's induced retirement motive is much more important for explaining differences among European countries … retirement, its generational incidence can be very different than the incidence of a pyramid scheme, even for those countries … where the induced retirement motive is not the dominant one. The possibility of induced retirement also makes it difficult …
Persistent link: https://www.econbiz.de/10012471088
so using information on older males from the Health and Retirement Study over the 1980-1997 period to calculate the …
Persistent link: https://www.econbiz.de/10012471116
The Social Security earnings test reduces benefits at a 33-50% rate once earnings pass a threshold amount - among the highest marginal tax rates in the economy. Previous research dismissed the importance of the earnings test but failed to take advantage of three changes in the earnings test...
Persistent link: https://www.econbiz.de/10012471588
We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as … retirement, and progress through their retirement years, and (b) labor force participation declined and thus earnings became less … important with age, while Social Security and retirement savings rose as a proportion of annual income …
Persistent link: https://www.econbiz.de/10012510599
As Americans work longer in response to a changing retirement landscape, it is important to ask whether there are … disparities in the employment of prime-age individuals. In this study, we explore the geography of retirement using data from the …
Persistent link: https://www.econbiz.de/10012660110
to lift the age of mandatory retirement. Evidence on a longitudinal sample of pension plans from 1960 to the present … suggests:(1) During the 1960-70 period, Social Security increases generated changes in pensions favoring early retirement; and … retirement age …
Persistent link: https://www.econbiz.de/10012477505
This paper examines the role of economic factors in determining retirement behavior using a unique new data archive on … different retirement models including linear as well as discrete choice formulations. This framework provides new insights into … how andwhy retirement ages differ across firms. We conclude that older workers' income opportunities differ depending on …
Persistent link: https://www.econbiz.de/10012477974
-sectional studies linking early retirement to increased Social Security income have also made explicit or implicit temporal projections … longitudinal data for men aged 58-62 in 1969 in order to trace changes in labor force behavior near retirement age. Results …
Persistent link: https://www.econbiz.de/10012478076
. Conventional analyses of wage profiles pool all waqe observations without distin-guishing among individuals according to retirement …
Persistent link: https://www.econbiz.de/10012478104
retirement behavior and related policy analyses. Potential biases associated with conventional analyses, which either ignore the … retirement models. A more realistic but still imperfect specification, which can be estimated given available data, assumes …
Persistent link: https://www.econbiz.de/10012478167