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A Disaggregated, Structural Analysis of Retirement by Race, Difficulty of Work and Health / Alan L. Gustman, Thomas L. Steinmeier.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Gustman, Alan L.
Contributor:
National Bureau of Economic Research.
Steinmeier, Thomas L.
Series:
Working Paper Series (National Bureau of Economic Research) no. w1585.
NBER working paper series no. w1585
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 1985.
Summary:
Intergroup differences in retirement rates by race, major occupation and health status are examined and allocated to differences in budget sets and indifference curve parameters. In addition, comparisons indicate that average retirement rates for groups may, at times, be misleading indicators of marginal responses to incentives. It is predicted that all groups will respond to the work incentives in the 1983 Social Security Amendments, even those ill health and difficult jobs, and the resulting increases in earnings are predicted to amount to from one sixth to over one half of the reductionin lifetime benefits created by the amendments.
Notes:
Print version record
March 1985.

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