This paper examined how the earnings test affects the hours and employment of men who claim early benefits. It uses … 1982-2016 data from the Current Population Survey and 1992-2014 data from the Health and Retirement Study. Critical … components of the analysis include the idea that for any fixed earnings-test threshold amount, an increase in the hourly wage at …

pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between … types of pension system. This paper calculates the expected welfare of agents in differenteconomies where in the steady … state the importance of PAYG pensions differs. We estimate how the optimal level of unfunded, state pensions depends on rate …

determinant of the other two wages. We demonstrate that minimum wage increases do not cause changes in average wages in either the …Motivated by recent debates on the possible role of wages as an income policy tool, in this study we examine the … dynamic inter-relationship between wages in Bulgaria, mainly in the context of its EU accession. Relative to the WDN studies …