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Title: Social Security and Life-Cycle Labor Supply
Resulting in 1 citation.
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Gill, Andrew Matthew |
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Social Security and Life-Cycle Labor Supply Ph.D. Dissertation, Washington State University, 1985. DAI-A 46/11, p. 3452, May 1986 Cohort(s): Older Men Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): Labor Supply; Life Cycle Research; Social Security This dissertation examines the labor supply consequences of the social security earnings test and benefit structure in a life-cycle setting. Specifically, the research addresses the contention that the implicit tax on earnings at the age of social security acceptance induces a substitution of market work to younger ages of the life-cycle by changing an individual's relative wage pattern. Using a sample of middle-aged men from the National Longitudinal Survey, this study will present new microeconomic evidence related to the full life-cycle adjustment to the social security system. A recently developed empirical model of labor supply that incorporates the life-cycle considerations mentioned is implemented. The empirical methodology includes the use of panel data to estimate marginal utility of wealth-constant demand functions. Estimation of the model provides parameter estimates needed to construct intertemporal substitution elasticities, as well as responses to parametric changes in wealth and wages over the life cycle. |
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Bibliography Citation
Gill, Andrew Matthew. Social Security and Life-Cycle Labor Supply. Ph.D. Dissertation, Washington State University, 1985. DAI-A 46/11, p. 3452, May 1986. |