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Title: Social Security and the Labor Supply of Older Men
Resulting in 1 citation.
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Carliner, Geoffrey |
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Social Security and the Labor Supply of Older Men Final Report, Employment and Training Administration, U.S. Department of Labor, 1980 Cohort(s): Older Men Publisher: U.S. Department of Labor Keyword(s): Earnings; Part-Time Work; Pensions; Retirement/Retirement Planning; Social Security The Social Security earnings test currently reduces benefits by fifty cents for each dollar earned above a certain exempt amount. Increasing the exempt amount or eliminating the earnings test altogether might: (1) encourage men who retire completely under current rules to work part time; (2) encourage pensioners who currently work part time to work more hours; and (3) encourage workers who currently receive no benefits even though they are eligible to become pensioners and work fewer hours. Regression results using data from the NLS of Older Men suggest retirement behavior. The estimated effects of wage rates and benefit levels also suggest that eliminating the earnings test will not increase labor supply but will increase the net cost to the government of Social Security pensions. |
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Bibliography Citation
Carliner, Geoffrey. "Social Security and the Labor Supply of Older Men." Final Report, Employment and Training Administration, U.S. Department of Labor, 1980. |