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lasted at least ten years. However, if a marriage failed in less than ten years, no spousal benefits are paid. The spousal … primary worker and the secondary worker. We examine whether these couples, who have more to gain from extending their marriage …
Persistent link: https://www.econbiz.de/10012465268
This paper calculates monthly time series for the overall safety net's statutory marginal labor income tax rate as a function of skill and marital status. Marginal tax rates increased significantly for all groups between 2007 and 2009, and dramatically so for unmarried household heads. The...
Persistent link: https://www.econbiz.de/10012460234
We consider the evolution of assets after retirement. We ask whether total assets--including housing equity, personal retirement accounts, and other financial assets--tend to be husbanded for a rainy day and drawn down primarily at the time of precipitating shocks, or whether they are drawn down...
Persistent link: https://www.econbiz.de/10012462863
This paper examines the role of employer provided health insurance in the retirement decisions of dual working couples. The near elderly have high-expected medical expenditures; therefore, availability of health insurance is an important factor in their retirement decisions. We determine if...
Persistent link: https://www.econbiz.de/10012466395
Marriage penalties are a controversial feature of many government policies. Empirical evidence of their behavioral … decision. We investigate the removal of marriage penalties from the surviving spouse pensions of the Canadian public pension … marriage penalties can have large and persistent effects on marriage decisions. We also present evidence suggesting that it is …
Persistent link: https://www.econbiz.de/10012468916
effects of marriage penalties. In addition, it offers a unique perspective on 19th century marriage markets, which are little … substantially greater. This indicates that women were willing to substitute away from marriage if the alternatives were favorable … enough, suggesting that changes in the desirability of marriage to women may account for some of the aggregate patterns of …
Persistent link: https://www.econbiz.de/10012458465
increasing the liquidity available to young men after marriage. We hypothesize that one cost of migration is the disruption of …
Persistent link: https://www.econbiz.de/10014250193
This paper uses earnings histories obtained from the Social Security Administration and linked to the survey responses for participants in the Health and Retirement Study to investigate redistribution under the current social security benefit formula. We find that as advertised, at the level of...
Persistent link: https://www.econbiz.de/10012471172
Social Security trust fund portfolio diversification to include some equities reduces the equity premium by raising the safe real interest rate. This requires changes in taxes. Under the hypothesis of constant marginal returns to risky investments, trust fund diversification lowers the price of...
Persistent link: https://www.econbiz.de/10012471696
A program of Personal Retirement Accounts (PRAs) funded by deposits equal to 2.3 percent of earnings (up to the Social Security maximum) would permit retirees to receive more income in retirement than with the current Social Security program while at the same time making it unnecessary to...
Persistent link: https://www.econbiz.de/10012471812