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This paper uses the receipt of an inheritance to measure the effect of wealth shocks on retirement. Using the Health and Retirement Study (HRS), we first document that inheritance receipt is common among older workers - one in five households receives an inheritance over an eight-year period,...
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program provisions can create powerful incentives for retirement that are strongly correlated with the labor force behavior of … stronger financial incentives to work were positively correlated with labor force participation at older ages. In this volume … reforms of retirement incentives and employ micro-econometric methods in order to study whether the correlation between …
Persistent link: https://www.econbiz.de/10014447300
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 … incentives to work in the next year but in all future years as well. We find that such forward looking incentive measures for …
Persistent link: https://www.econbiz.de/10014036681
project document that social security program provisions can create powerful incentives for retirement that are strongly … incentives and examine how changing incentives may have affected retirement behavior …
Persistent link: https://www.econbiz.de/10012480931
project document that social security program provisions can create powerful incentives for retirement that are strongly … these changing incentives and examine how changing incentives may have affected retirement behavior …
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