effect of social security on labor supply
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effect of social security on labor supply a cohort analysis of the notch generation by Alan B. Krueger

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Published by Industrial Relations Section, Princeton University in Princeton, NJ .
Written in English

Subjects:

  • Social security -- United States.,
  • Older men -- Employment -- United States.

Book details:

Edition Notes

Statementby Alan B. Krueger and Jörn-Steffen Pischke.
SeriesWorking paper (Princeton University. Industrial Relations Section) -- no. 255.
ContributionsPischke, Jörn-Steffen., Princeton University. Industrial Relations Section.
Classifications
LC ClassificationsHD"7125"K78"1992
The Physical Object
Pagination412-438 p. :
Number of Pages438
ID Numbers
Open LibraryOL20708266M

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Get this from a library! The effect of social security on labor supply: a cohort analysis of the notch generation. [Alan B Krueger; Jörn-Steffen Pischke; National Bureau of Economic Research.]. The figures demonstrate the negative effect of Social Security on household labor supply, both along the extensive and the intensive margins. With τ ss = 0 and , the cross-sectional labor force participation rate remains close to 98% until age 60, which is considerably higher than the baseline grupo-operativo-gei-porcino.com by: 6. Does the Social Security Earnings Test Affect Labor Supply and Benefits Receipt? Jonathan Gruber, Peter Orszag. NBER Working Paper No. Issued in September NBER Program(s):Program on the Economics of Aging, Labor Studies Program, Public Economics Program. The results also raise serious questions about how best to improve the models on which earlier research was based. Using the change in the NRA to estimate the effect of Social Security incentives on labor supply provides additional benefits: the exact change in benefits is known, it is not prone to measurement error, and it is grupo-operativo-gei-porcino.com by:

effect of Social Security on labor supply of older males in the late s and s, however, are less consistent with the previous literature. When we control just for age effects, we find a much smaller Social Security wealth/labor-supply elasticity in the s and s than in earlier years. The social security system affects people throughout most of their lives, at work and in retirement. The supposed effects of social security on saving, labor supply, and the distribution of income . Numerous scholarly studies have examined the effect of the Social Security retirement test on the labor supply of older workers. Virtually all of this research indicates that the effect is probably small and that eliminating the test would have a minor impact on the work activity of older Americans. This article uses aggregate birth year/calendar year level data derived from the Current Population Survey (CPS) to estimate the effect of Social Security wealth on the labor supply of older men in the s and s. The analysis focuses on measuring the impact of the amendments to the Social Security Act, which created a substantial, unanticipated reduction in Social Security wealth Cited by:

Despite numerous empirical studies, there is surprisingly little agreement about whether the Social Security earnings test affects male labor supply. In this paper, we provide a comprehensive analysis of the labor supply effects of the earnings test using longitudinal administrative earnings data and more commonly used survey data. Jan 07,  · Abstract. This paper uses aggregate birth year/calendar year level data derived from the Current Population Survey (CPS) to estimate the effect of Social Security wealth on the labor supply of older men in the s and grupo-operativo-gei-porcino.com by: Labor Supply Effects of the Recent Social Security Benefit Cuts: Empirical Estimates Using Cohort Discontinuities and eligibility for social security on labor supply. for social security Author: Giovanni Mastrobuoni. "New Methods for Estimating Labor Supply Functions: A Survey," NBER Working Papers , National Bureau of Economic Research, Inc. Leora Friedberg, "The Social Security Earnings Test and Labor Supply of Older Men," NBER Chapters, in: Tax Policy and the Economy, Volume 12, pages , National Bureau of Economic Research, Inc.