We use data from Social Security administrative records to examine the lifetime patterns of initial entitlement to retired-worker and Disability Insurance (DI) benefits across cohorts born in different years. Breaking out age-at-entitlement patterns for different birth-year cohorts reveals close...

Using a 1 percent sample of Social Security Administration data, this article documents and analyzes responses in the entitlement age for old-age benefits following the recent changes in Social Security rules. Both rules, the removal of the retirement earnings test (RET) for persons who are at...

This paper examines the labor force activity and timing of benefit claims of workers aged 65-69 in response to the removal of the retirement earnings test in 2000. We use the 1 percent sample of longitudinal Social Security administrative data that covers the period from 4 years before to 4...

In 2000 Congress passed legislation to remove the retirement earnings test for persons at the full retirement age and older. This article explores how individuals affected by the removal of the earnings test have changed their participation in the workforce and the amount they earn. It also...

The magnitude of and heterogeneity in systematic earnings risk has important implications for various theories in macro, labor, and financial economics. Using administrative data, we document how the aggregate risk exposure of individual earnings to GDP and stock returns varies across gender,...

Credit reports are used in nearly all consumer lending decisions and, increasingly, in hiring decisions in the labor market, but the impact of a bad credit report is largely unknown. We study the effects of credit reports on financial and labor market outcomes using a difference-in-differences...