The social security program will pay benefits of more than $100 billion in 1978. Public transfers on this scale are large enough to have profound effects on the behavior of the U.S. economy. The most important effect, although not the only one, is likely to be the impact of social security on...

This study examines empirically whether social security influences the retirement decisions of individuals. The framework for this study is the life-cycle model of individual behavior. The life-cycle model shows that there are two main ways in which social security can affect behavior. One way...

Most programs of taxation and income maintenance imply that the tax rate faced by an individual changes at different levels of labor supply. As a result, the individual's budget constraint is kinked which presents problems for the empirical study of labor supply. This paper develops econometric...

This study examines whether social security influences the aggregate retirement rate in Canada. The life-cycle model of individual behavior provides the foundation for this study. The model indicates how social security can affect an individual's decision to retire. Further, the model is used to...

In this study the social security earnings test is shown to have a significant effect empirically on the labor supply of retirement aged men. A rich data file from the Social Security Administration containing accurate benefit information provides a cross- section sample of 65-70 year old...

This study examines the impact of social security on the retirement of married men aged 60-70 years. The empirical results are based on a rich file of data from the Social Security Administration (1973 CPS-IRS-SSA Exact Match File). The data permit precise calculation of social security wealth...

Pensions and contemporary socioeconomic change / Assar Lindbeck -- Different approaches to pension reform from an economic point of view / Jonathan Gruber, David A. Wise -- Labor mobility, redistribution, and pension reform in Europe / Alain Jousten, Pierre Pestieau -- France: the difficult path...