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In the last twenty years the labor force participation rates of 45 to 54-year-old men have fallen 10.6 percentage points among non-whites and 4.4 percentage points among whites. I find that nearly half of this puzzling decline can be explained by the growth of the Social Security Disability...
Persistent link: https://www.econbiz.de/10012478756
the labor force participation of younger persons in twelve countries. We found no evidence that increasing the employment … of older persons will reduce the employment opportunities of youth and no evidence that increasing the employment of … reforms were not prompted by changes in health status or by changes in the employment circumstances of older workers. We find …
Persistent link: https://www.econbiz.de/10012461938
This paper estimates the effects on steady state retirement by men of changes in pension" plans and social security in the 1970's and 1980's. Work incentives associated with pension" coverage and plan characteristics are calculated primarily from the 1969-79 Retirement History" Study and the...
Persistent link: https://www.econbiz.de/10012472602
Japanese annual time series data covering the period 1951 to 1982 reveals that changes in the program of social security retirement benefits have substantial influence on personal saving and retirement behavior. The empirical results show that social security retirement benefits depress personal...
Persistent link: https://www.econbiz.de/10012475743
countries. In the present study, we overview the employment trend of the elderly in Japan, and examine what factors have … less physically demanding jobs have allowed the elderly to stay longer in the labor force. However, elderly employment … been a key driver of the long-term trend change in elderly employment. A series of social security reforms have helped …
Persistent link: https://www.econbiz.de/10012453104
studies the impact of those incentive-based reforms on observed changes in older workers' employment patterns. We investigate …
Persistent link: https://www.econbiz.de/10014337786
The relationship between the degree of inequality and the demand for redistribution has been a central question in political science and political economy. The famous median-voter model predicts that higher inequality, reflected in a growing gap between the income of the average and the median...
Persistent link: https://www.econbiz.de/10012660048
Using annual U. S. time series data from 1950-1974, formal tests of causation are performed among three socioeconomic phenomena: women's labor force participation rates, fertility rates, and divorce rates. Box-Jenkins and other techniques are employed with Granger-Sims type definition of...
Persistent link: https://www.econbiz.de/10012478897
imbalance: employment, physical activity at work, food prices, the prevalence of restaurants, cigarette smoking, cigarette …
Persistent link: https://www.econbiz.de/10012461235
Economics is not only a social science, it is a genuine science. Like the physical sciences, economics uses a methodology that produces refutable implications and tests these implications using solid statistical techniques. In particular, economics stresses three factors that distinguish it from...
Persistent link: https://www.econbiz.de/10012471484