Labor Supply Adjustments to Policy: Evidence from the Social Security Earnings Te
劳动力供给政策调整:来自社会保障收入测试的证据
基本信息
- 批准号:8370708
- 负责人:
- 金额:$ 7.41万
- 依托单位:
- 依托单位国家:美国
- 项目类别:
- 财政年份:2012
- 资助国家:美国
- 起止时间:2012-08-01 至 2014-07-31
- 项目状态:已结题
- 来源:
- 关键词:AffectAgeBehaviorBehavioralElasticityElderlyEvolutionFaceFrictionGovernmentGovernment FinancingHeterogeneityIndividualIndividual AdjustmentLiteratureMethodsNatureOccupationsPatternPersonal SatisfactionPoliciesRelative (related person)ResearchRetirementRunningSocial SecuritySpeedTaxationTaxesTestingTimeWorkagedcase findingcostdensitydesigninsightresponse
项目摘要
DESCRIPTION (provided by applicant): Microeconomic studies of the effect of government policy on labor supply typically relate individuals' labor supply to the policy regime that they fae contemporaneously. In the presence of barriers to adjustment of labor supply, however, individuals may respond to policy slowly, implying that long-run responses may be larger than short-run responses. In this project, we aim to estimate the speed with which elderly workers respond to policy, namely the Social Security Earnings Test. Relative to previous studies, we will apply more recently developed empirical methods in this context. Furthermore, we will use the pattern of adjustments estimated to distinguish between alternative explanations of incomplete adjustment among workers. Preliminary results suggest that adjustment happens with varying extent of delay, from at most one year to at most two years. Ultimately, the project will inform future research on the behavioral response to taxation and Social Security policy, by identifying the appropriate time horizon for studies, and also by providing insights into the natur and cause of delayed response among workers. The project will most directly pertain to elderly workers who face the Social Security Earnings test, but will also provide general insights for the field of public finance.
PUBLIC HEALTH RELEVANCE: This research aims to quantify the amount of time it takes for individuals to respond to policy changes, with a specific focus on the Social Security Earnings Test. Furthermore, the nature and dynamics of adjustment will be used to help understand what causes a delay in response. Understanding these two concepts is crucial to designing optimal Social Security policy, which affects the labor supply and well-being of elderly workers.
描述(由申请人提供):关于政府政策对劳动力供给影响的微观经济学研究通常将个人的劳动力供给与他们同时接受的政策制度联系起来。然而,在劳动力供给调整存在障碍的情况下,个人对政策的反应可能会缓慢,这意味着长期反应可能大于短期反应。在这个项目中,我们的目标是估计老年工人对政策(即社会保障收入测试)的反应速度。相对于以前的研究,我们将在这方面应用最近开发的实证方法。此外,我们将使用估计的调整模式来区分工人之间不完全调整的替代解释。初步结果表明,调整的延迟程度不同,从最多一年到最多两年不等。最终,该项目将为未来对税收和社会保障政策的行为反应的研究提供信息,通过确定适当的研究时间范围,并提供对工人延迟反应的性质和原因的见解。该项目将最直接地涉及面临社会保障收入测试的老年工人,但也将为公共财政领域提供一般见解。
公共卫生相关性:本研究旨在量化个人应对政策变化所需的时间,特别关注社会保障收入测试。此外,调整的性质和动态将用于帮助理解导致响应延迟的原因。理解这两个概念对于设计最优的社会保障政策至关重要,它影响着劳动力供给和老年工人的福祉。
项目成果
期刊论文数量(0)
专著数量(0)
科研奖励数量(0)
会议论文数量(0)
专利数量(0)
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ARTHUR-DAMON M. JONES其他文献
ARTHUR-DAMON M. JONES的其他文献
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