The Employment Effects of the Social Security Earnings Test

被引:2
|
作者
Gelber, Alexander [1 ]
Jones, Damon [2 ]
Sacks, Daniel W. [3 ]
Song, Jae [4 ]
机构
[1] Univ Calif San Diego, San Diego, CA 92103 USA
[2] Univ Chicago, Harris Sch, Chicago, IL 60637 USA
[3] Indiana Univ, Kelley Sch, Bloomington, IN 47405 USA
[4] Social Secur Adm, Doke Inspector Gen, Baltimore, MD USA
关键词
OLDER AMERICANS; RETIREMENT; AGE; ELASTICITIES; RESPONSES; INCOME; COSTS; MICRO;
D O I
10.3886/E117502V1
中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate the impact of the Social Security annual earnings test (AET) on the employment decisions of older Americans. The AET reduces Social Security benefits by one dollar for every two dollars earned above the exempt amount. Using a differences-in-differences design, we find that the employment rate of those predicted to become subject to the AET decreases substantially relative to those not predicted to become subject to it. The point estimates suggest that the AET reduces the employment rate of Americans aged 63-64 by at least 1.2 percentage points.
引用
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页码:341 / 371
页数:32
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