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US Social Security rules in the 1990s: a natural experiment in myopic and farsighted behaviour

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  • Stephen Rubb

Abstract

During the 1990s changes in the earnings test threshold and the delayed retirement credit had the potential to impact the labour supply of 65 to 69-year-olds. These changes in Social Security rules are used to examine whether labour supply behaviour of elderly men and women is 'myopic' or 'farsighted'. Men are found to be more farsighted than previously realized, perhaps due to increases in life expectancy.

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  • Stephen Rubb, 2002. "US Social Security rules in the 1990s: a natural experiment in myopic and farsighted behaviour," Applied Economics Letters, Taylor & Francis Journals, vol. 9(10), pages 637-640.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:10:p:637-640
    DOI: 10.1080/13504850110118174
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    References listed on IDEAS

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    1. Gruber, Jonathan & Orszag, Peter, 2003. "Does the Social Security Earnings Test Affect Labor Supply and Benefits Receipt?," National Tax Journal, National Tax Association;National Tax Journal, vol. 56(4), pages 755-773, December.
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    1. Stephen Rubb, 2003. "Social Security's Earnings Test Penalty and the Employment Rates of Elderly Men Aged 65 to 69," Eastern Economic Journal, Eastern Economic Association, vol. 29(3), pages 415-431, Summer.
    2. Macunovich, Diane J., 2009. "Older Women: Pushed into Retirement by the Baby Boomers?," IZA Discussion Papers 4653, Institute of Labor Economics (IZA).

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