Project Year: 2002

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Project

2002

More than 40 percent of Social Security beneficiaries continue to work after age 65. This research investigates the extent to which these individuals substitute labor across periods in response to anticipated wage changes induced by the Social Security earnings test....
Authors: Steven Haider,
Project

2002

Economists’ most basic model for studying Social Security policy issues is the so—called life—cycle model of saving behavior. This paper sets up a life—cycle model in which a household simultaneously chooses its lifetime consumption profile and retirement age. The...
Authors: John Laitner,
Project

2002

We use this model to simulate the retirement effects of a system of personal accounts based on a 10.6 percent contribution rate over the lifetime. One version allows individuals to make lump sum withdrawals at retirement instead of annuitizing. This program would...
Project

2002

An analysis of those who accepted window offers shows a sharp decline in employment and hours worked, earnings per hour, and annual earnings immediately following the accepted offer. Transitions to self-employment are more common among window acceptors than other...
Authors: Charles Brown,