Tag: women
Introduction The general perception is that the Social Security program expanded significantly in the 1970s and today benefits are much higher relative to pre-retirement earnings than they were prior to that expansion. Indeed, the Social Security Trustees Report shows that the replacement rate — benefits as a percent of pre-retirement earnings — for the averag…
Abstract As the baby boom cohort reaches retirement age, demographic pressures on public programs such as Social Security may cause policy makers to cut benefits and encourage employment at later ages. This prospect raises the question of how much employer demand exists for older workers. This paper reports on a labor market experiment to determin…
