Showing 1 - 10 of 1,121
This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U … retirement to an aging population. Boosted by the huge CARES (March 2020) and ARPA (April 2021) rescue packages, the early …-up call to the danger that shocks from the natural world pose to work and retirement. Realistic planning for the future of …
Persistent link: https://www.econbiz.de/10012814428
more severe. A higher unemployment rate around the time of retirement reduces Social Security income for those in the … conditions that existed around the time of their retirement. We use data from the 2000 Census and the 2001 through 2007 American … market in the years leading up to retirement leads to a modest reduction in investment income a decade or so later for those …
Persistent link: https://www.econbiz.de/10012462588
the rising unemployment rate will be almost 50 percent larger than the decrease in retirement brought about by the stock …Recent dramatic declines in U.S. stock and housing markets have led to widespread speculation that shrinking retirement … accounts and falling home equity will lead workers to delay retirement. Yet the weakness in the labor market and its impact on …
Persistent link: https://www.econbiz.de/10012463254
Some anti-discrimination laws have the perverse effect of harming the very class they were meant to protect. This paper provides evidence that age discrimination laws belong to this perverse class. Prior to the enforcement of the federal law, state laws had little effect on older workers,...
Persistent link: https://www.econbiz.de/10012466621
All told, the effects of the Great Recession on retirement seem relatively modest. These findings are consistent with …This paper uses data from the Health and Retirement Study to estimate a structural model of household retirement and … saving. It applies that model to analyze the effects of the Great Recession on the work and retirement of older couples who …
Persistent link: https://www.econbiz.de/10012455696
This paper uses data from the Health and Retirement Study to examine retirement and related labor market outcomes for …
Persistent link: https://www.econbiz.de/10012457706
retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …
Persistent link: https://www.econbiz.de/10012459024
This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of … with retirement policies. Accounting for interactions across UI and retirement institutions also helps explain otherwise …
Persistent link: https://www.econbiz.de/10014421233
retirement behavior of couples. This program was effectively targeted at females in couples attempting to live on a single … income security programs affect the timing of retirement, and how programs targeted at one spouse can affect the behavior of …
Persistent link: https://www.econbiz.de/10012471656
This study examines whether social security influences the aggregate retirement rate in Canada. The life-cycle model of … of the creation of the Canada and Quebec Pension Plan was to raise the retirement rate by 1.5 points in 1967 … for individual retirement decisions is used to construct a model for the aggregate retirement rate. Time series data from …
Persistent link: https://www.econbiz.de/10012478797