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Social security and retirement

Author: Courtney Coile; Jonathan Gruber; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, ©2000.
Series: Working paper series (National Bureau of Economic Research), working paper no. 7830.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the incentives to work in the next year but in all future  Read more...
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Additional Physical Format: Print version:
Coile, Courtney.
Social security and retirement.
Cambridge, MA : National Bureau of Economic Research, ©2000
(OCoLC)44848606
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Courtney Coile; Jonathan Gruber; National Bureau of Economic Research.
OCLC Number: 70123821
Notes: "August 2000."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (38 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 7830.
Responsibility: Courtney Coile, Jonathan Gruber.

Abstract:

Abstract: A critical question for Social Security policy is how program incentives affect retirement behavior. We use the wealth of new data available through the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives on male retirement. We implement forward-looking models of retirement whereby individuals consider not just the incentives to work in the next year but in all future years as well. We find that such forward looking incentive measures for Social Security are significant determinants of retirement decisions. Our findings suggest that Social Security policies which increase the incentives to work at older ages can significantly reduce the exit rate of older workers from the labor force.

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