WebSocial Security, Induced Retirement, and Aggregate Capital Accumulation: A Correction and Updating ABSTRACT In a 1974 paper in the Journal of Political Economy I discussed the … WebAn early retirement window is an offer, by an employer, of a special incentive to retire at a particular time, beyond that provided by the firm's pension plan. While such …
(PDF) Assessing the Effects of an Early Retirement Program
WebSocial Security, Induced Retirement, and Aggregate Capital Accumulation. For the great majority of Americans, the most important form of household wealth is the anticipated … WebWe analyze detailed longitudinal data on a cohort of males aged 58–67 in 1969–1973, a period of substantial increases in real Social Security benefits. We find the following: (1) the accelerating decline in labor force participation of elderly men in 1969–1973 can be explained by the large increase in real Social Security benefits; (2 ... phoenix real name
The Impact of Public Pensions on Personal - JSTOR
Web30 sep. 2024 · Induced expenditure, also known as induced customer expenditure, refers to the type of expenditure that varies with income. It comprises a situation where a … Webinduce verb [ T ] us / ɪnˈdus / to persuade someone to do something, or to cause something to happen: They induced her to take the job by offering her a bonus. If doctors induce … Websystem were caused by retirement induced by increases in Social Security benefits. II. THE SOCIAL SECURITY LAW It may seem obvious that the Social Security system can have an effect on retirements; but this view is certainly not universally accepted in the theoretical literature, and it is not always sup-ported in the empirical literature. how do you format numbers in excel