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at approximately age 57. Thus, older workers face strong incentives to earn enough to obtain creditable coverage through …
Persistent link: https://www.econbiz.de/10013011940
This paper measures the causal effect of time out of the labor force on subsequent employment of Social Security Disability Insurance (SSDI) applicants and distinguishes it from the discouragement effect of receiving disability benefits. Using a unique Social Security Administration workload...
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financial incentives from Social Security and DI affect retirement decisions, using an option value approach. We find that … financial incentives have a significant effect on retirement, particularly for those in poor health or with low education, who …
Persistent link: https://www.econbiz.de/10012457750
financial incentives from Social Security and DI affect retirement decisions, using an option value approach. We find that … financial incentives have a significant effect on retirement, particularly for those in poor health or with low education, who …
Persistent link: https://www.econbiz.de/10013029020
In response to the challenges of increasing longevity, an obvious policy response is to gradually increase the statutory eligibility age for public pension benefits and to shut down pathways to early retirement such as special rules for women. This is, however, very unpopular. As an alternative,...
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