“This [project] is prompted by a question I’ve been asked by many reporters, which is ‘With larger, older cohorts and relatively scarce younger workers, will employers shift to employing more older workers for one reason or another?’” investigator David Neumark…
Many proposed reforms might have varying affects on retirees. In the 1940s, if a man lived to age 65, the full retirement age (FRA), he would, on average, live another 12.7 years in retirement, while a woman would live another…
Sometimes researchers create structural economic models to help understand the Old Age and Survivors Insurance (OASI) and Disability Insurance (DI) trust funds’ solvency issues and to test possible solutions. Taking information (data) from real life, they build a picture of…
How to fix the solvency issues of the Old Age and Survivors Insurance (OASI) and Disability Insurance (DI) trust funds, often referred to as the Social Security trust funds (OASDI), continues to concern policymakers and voters alike. As a pay-as-you-go…
While research often focuses on the retirement bound individual or couple, few people live their lives with no outside influences. A parent’s desire to lighten a child’s burden could have a negative impact on the parent’s retirement security, and such…
In September, Michigan Retirement Research Center (MRRC) was awarded its fifth five-year cooperative agreement renewal from the Social Security Administration. MRRC Director and Principle Investigator John Laitner explained that as part of the grant proposal, MRRC agreed to include disability…
Despite the growing number of studies and the increasing availability of detailed data, researchers haven’t developed a consensus on how health affects employment. This is partly explained by the wide variety in datasets (how they are collected, how they measure…
As the U.S. population ages, often in better health than our parents and grandparents, the notion of retirement is starting to evolve, and retirement paths have become as variable as ice cream flavors: One person may partake of the traditional…
June 26 marks the third anniversary of nationwide, legal same-sex marriage. The estimated 4 percent of the U.S. population that is lesbian, gay, or bisexual (LGB) can now benefit from the same legal status as married heterosexuals with all that…
Previous research has found that young people entering the job market during a weak economy face lingering negative effects, earning less than workers who joined the labor market during, for example, a period of low unemployment. Such effects can last…