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Based on data from the Health and Retirement Study (HRS), this paper describes trends in the amounts and sources of income received by Americans, aged 55 and older from 1998 to 2008. It presents data on changes in the amount of income received by older Americans in 1998 and 2008, and how the...
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This article explores how faster rates of wage growth for college graduates than for nongraduates could affect the Social Security benefits of future retirees. Using a Social Security Administration microsimulation model called Modeling Income in the Near Term, the authors estimate the effect of...
Persistent link: https://www.econbiz.de/10013004066
Over the last three decades, earnings have grown faster for college graduates than for workers without a 4-year college degree. Such wage-growth differentials could affect the Social Security benefits and other retirement income of future retirees. A Social Security Administration...
Persistent link: https://www.econbiz.de/10013018249
This paper provides an empirical analysis of the impact of the minimum wage on annual earnings inequality in the United States over the last three and a half decades. We focus on men between the ages of 25 and 61, and use administrative Social Security earnings records from 1981-2015 from the...
Persistent link: https://www.econbiz.de/10014033463