The 1983 Social Security Reforms and Labor Supply Adjustments of Older Individuals in the Long Run

The 1983 Social Security Reforms and Labor Supply Adjustments of Older Individuals in the Long Run
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1983年社会保障改革与长期老年人劳动力供给调整

DOI:
10.1086/298054
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发表时间:
1985
影响因子:
3.8
通讯作者:
Thomas L. Steinmeier
Thomas L. Steinmeier
中科院分区:
经济学1区
文献类型:
--
作者:
Alan L. Gustman;Thomas L. Steinmeier

文献摘要

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本文采用一个结构生命周期退休模型,分析和比较了1983年社会保障改革对老年劳动者劳动供给的长期影响。1983年修正案的单独条款的影响进行了审查。这些措施包括将正常退休年龄提高到67岁,延迟退休信贷增加到8%,以及将测试收入的减少率降低到每3美元收入减少1美元。
A structural life-cycle retirement model with an improved specification over previous models is used to analyze and compare the long-run effects on the labor supply of older workers of the 1983 Social Security reforms. The effects of separate provisions from the 1983 amendments are examined. These include the raising of the normal retirement age to 67, the increase in the delayed retirement credit to 8%, and the lowering of the reduction rate for earnings over the test amount to $1.00 for every $3.00 of earnings.