Can Social Security Explain Trends in Labor Force Participation of Older Men in the United States?

Can Social Security Explain Trends in Labor Force Participation of Older Men in the United States?
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DOI:
10.1353/jhr.2010.0015
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发表时间:
2010-03-01
影响因子:
5.2
通讯作者:
Goodstein, Ryan M.
Goodstein, Ryan M.
中科院分区:
经济学1区
文献类型:
--
作者:
Blau, David M.;Goodstein, Ryan M.

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经过长期下降后,美国老年男性的劳动力参与率 (LFPR) 在 20 世纪 80 年代趋于稳定,并在 90 年代末开始上升。我们研究社会保障规则的变化如何影响这些趋势。我们将 20 世纪 60 年代至 80 年代的下降的一小部分归因于这一时期社会保障的日益慷慨。完全退休年龄和延迟退休抵免额的提高解释了最近 LFPR 增长的四分之一到二分之一。已婚妇女受教育程度的提高和 LFPR 的增加也促成了近期的上升。
After a long decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We examine how changes in Social Security rules affected these trends. We attribute only a small portion of the decline from the 1960s-80s to the increasing generosity of Social Security over this period. Increases in the Full Retirement Age and the Delayed Retirement Credit explain one quarter to one half of the recent increase in the LFPR. Increasing educational attainment and increasing LFPR of married women also contributed to the recent rise.