How are older workers’ employment prospects affected when there are fewer younger workers?

“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…

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The Effect of Affordable Care Act Medicaid Expansion on Post-Displacement Labor Supply among the Near-Elderly

Expanded health-insurance coverage under the Affordable Care Act (ACA) provides alternative channels to obtain health-insurance coverage outside employment, which in theory may affect whether people want to work, how much they work, and the sorting of individuals into jobs. Although…

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Parents with an Unemployed Adult Child: Labor Supply, Consumption, and Savings Effects

The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older workers. Parents, however, may experience added risk if their children experience adverse labor market shocks. Prior research has shown that parents support their children…

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The Effect of Social Security Information on the Labor Supply and Savings of Older Americans

This paper examines how older workers adjust their labor supply in response to information they receive about their retirement wealth from the provision of the Social Security Statement. We find that older male workers’ labor supply is highly responsive to…

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