Showing 91 - 100 of 209
Persistent link: https://www.econbiz.de/10012473507
often inconsistent with, predictions obtained by extending the major explanations for the existence of pensions to allow for … union monopoly effects. The findings support some (but not other) explanations in which the impetus for pensions arises more … directly from the behavior of unions, and suggest that behavioral and related policy analyses of pensions should be conducted …
Persistent link: https://www.econbiz.de/10012477033
A structural life-cycle retirement model with an improved specification over previous models is used to analyze and compare the long-run labor supply effects of the rules for Social Security in place in 1972,1977 and 1983, and for an actuarially fair system. The effects of separate provisions...
Persistent link: https://www.econbiz.de/10012477887
often inconsistent with, predictions obtained by extending the major explanations for the existence of pensions to allow for … union monopoly effects. The findings support some (but not other) explanations in which the impetus for pensions arises more … directly from the behavior of unions, and suggest that behavioral and related policy analyses of pensions should be conducted …
Persistent link: https://www.econbiz.de/10012760319
considered: total wealth; an annualized measure of AIME; the wealth value of pensions; and a measure of average indexed W2 …
Persistent link: https://www.econbiz.de/10013044794
considered: total wealth; an annualized measure of AIME; the wealth value of pensions; and a measure of average indexed lifetime …
Persistent link: https://www.econbiz.de/10013046167
From age 62 through the full retirement age, the earnings test reduces the share of married men who work full time by about four percentage points, which entails a reduction of about ten percent in the number of married men of that age at full time work. In terms of the cash flow of the system,...
Persistent link: https://www.econbiz.de/10012467782
A number of factors cause the contribution of pensions to be understated in retirement income data, especially data …, especially in the CPS, which ignores irregular payments from pensions. In CPS data on incomes of those ages 64 to 69 in 2006 … understates the full contribution pensions make to supporting retirees …
Persistent link: https://www.econbiz.de/10012460118
As expected, women enjoyed a more rapid growth of labor force participation, hours of work and covered earnings than men. This increased the redistribution of Social Security benefits among households. Nevertheless, a considerable gap remains between the labor market activities and earnings of...
Persistent link: https://www.econbiz.de/10012461219
This paper compares Social Security means tests that would reduce benefits for recipients who fall in the top quarter of the income distribution with means tests aimed at those in the top quarter of the wealth distribution. Both means tests would reduce the average benefits for the affected...
Persistent link: https://www.econbiz.de/10012986683