scholarly journals How is economic hardship avoided by those retiring before the Social Security entitlement age?

2014 ◽  
Vol 13 (4) ◽  
pp. 420-438 ◽  
Author(s):  
KEVIN MILLIGAN
Keyword(s):  
Social Security ◽  
Poverty Line ◽  
Economic Hardship ◽  
Health And Retirement Study ◽  
Retirement Benefit ◽  
The Social ◽  
The World ◽  
The Usa ◽  
Using Data ◽  
Retirement Study

AbstractGovernments around the world are reacting to extended lifespans and troubled pension finances by increasing the age of retirement benefit entitlement. This paper studies those who retire before the age of full pension entitlement in the USA using data drawn from the Health and Retirement Study. The major finding is that four out of five people who have zero earnings at pre-entitlement ages are able to find a way to lift their incomes over the poverty line. For men, pension and annuity income are important while for women, spousal income helps most to get them over the line.

Late Career Job Loss and Retirement Behavior of Couples

2016 ◽  
Vol 39 (1) ◽  
pp. 7-28 ◽  
Author(s):  
Ajin Lee
Keyword(s):  
Social Security ◽  
Job Loss ◽  
Health And Retirement Study ◽  
Budget Constraints ◽  
Unexpected Earnings ◽  
Retirement Behavior ◽  
Using Data ◽  
Social Security Benefits ◽  
The Impact ◽  
Retirement Study

This article argues that wealth uncertainty influences when couples choose to retire. Using data from the Health and Retirement Study, I show that wives delay retirement when their husbands retire following a job loss. This effect is stronger when husbands are the primary earners, and couples are relatively poorer. This provides evidence of intra-household insurance that mitigates the impact of an unexpected earnings shock. I find that wives tend to delay retirement only until they become eligible for social security. This suggests that social security benefits can relax households’ budget constraints and allow wives to join their husbands in retirement.

Early claiming of higher-earning husbands, the survivor benefit, and the incidence of poverty among recent widows

2016 ◽  
Vol 16 (4) ◽  
pp. 485-508 ◽  
Author(s):  
JEFFREY DIEBOLD ◽  
JEREMY MOULTON ◽  
JOHN SCOTT
Keyword(s):  
Social Security ◽  
Discrete Time ◽  
Hazard Model ◽  
Health And Retirement Study ◽  
Poverty Risk ◽  
Number Of Factors ◽  
Retirement Benefit ◽  
Married Men ◽  
Discrete Time Hazard Model ◽  
Retirement Study

AbstractSocial Security provides survivor benefits to lower-earning spouses of deceased workers entitled to a retirement benefit. The value of the survivor benefit depends on a number of factors including the deceased worker's claim age. We use the Health and Retirement Study and a discrete time hazard model to analyze how the claim age of married men influences the likelihood that their spouse will enter poverty in widowhood. We find that delayed claiming is associated with reduction in a widow's poverty risk. The magnitude of this relationship varies significantly with the claim age, Social Security dependence, and survivor benefit dependence.

scholarly journals The repeal of the retirement earnings test and the labor supply of older men

2009 ◽  
Vol 8 (4) ◽  
pp. 429-450 ◽  
Author(s):  
GARY V. ENGELHARDT ◽  
ANIL KUMAR
Keyword(s):  
Labor Supply ◽  
Time Preference ◽  
Senior Citizens ◽  
Liquidity Constraints ◽  
Older Men ◽  
The Social ◽  
Earnings Test ◽  
Using Data ◽  
The Impact ◽  
Retirement Study

AbstractThis paper examines the impact of the Senior Citizens Freedom to Work Act of 2000, which abolished the Social Security retirement earnings test for those aged 65–69, on the labor supply of older men using data from the 1996–2004 waves of the Health and Retirement Study (HRS). We use the fine structure of the 2000 Act to develop a new measure of exposure to the earnings test that varies across calendar years both by month and year of birth. We find that much, if not all, of the labor-supply response occurred for sub-groups of men who, either because of high mortality risk, high rates of pure time preference, or liquidity constraints, may have found the actuarial adjustment built into the earnings test relatively disadvantageous, particularly the lesser educated.

Trade Unionism: Differences and Similarities - a Comparative View on Europe, USA and Asia

2006 ◽  
Vol 48 (1) ◽  
pp. 59-81 ◽  
Author(s):  
Carsten Strøby Jensen
Keyword(s):  
Trade Unions ◽  
Trade Unionism ◽  
The Social ◽  
The World ◽  
The Usa ◽  
Different Parts

The article presents an outline of characteristics regarding trade unions in three different parts of the world, focusing on Europe, USA and Asia. The intention is to describe and discuss differences and similarities between trade unionism in these three parts of the world focusing on some selected countries. The conclusion in this article is that it is possible - on a very abstract and generalizing level - to identify some differences in the social and institutional basis of trade unions in Europe, Asia and the USA.

Redistribution under the Social Security benefit formula at the individual and household levels, 1992 and 2004

2012 ◽  
Vol 12 (1) ◽  
pp. 1-27 ◽  
Author(s):  
ALAN L. GUSTMAN ◽  
THOMAS L. STEINMEIER ◽  
NAHID TABATABAI
Keyword(s):  
Social Security ◽  
Labor Force Participation ◽  
Social Security Benefit ◽  
Household Level ◽  
Individual Level ◽  
The Social ◽  
High Earning ◽  
Using Data ◽  
The Individual ◽  
Over Time

AbstractStudies using data from the early 1990s suggested that while the progressive Social Security benefit formula succeeded in redistributing benefits from individuals with high earnings to individuals with low earnings, it was much less successful in redistributing benefits from households with high earnings to households with low earnings. Wives often earned much less than their husbands. As a result, much of the redistribution at the individual level was effectively from high earning husbands to their own lower earning wives. In addition, spouse and survivor benefits accrue disproportionately to women from high income households. Both factors mitigate redistribution at the household level. It has been argued that with the increase in the labor force participation and earnings of women, Social Security now should do a better job of redistributing benefits at the household level. To be sure, when we compare outcomes for a cohort with a household member age 51 to 56 in 1992 with those from a cohort born twelve years later, redistribution at the household level has increased over time. Nevertheless, as of 2004 there still is substantially less redistribution of benefits from high to low earning households than from high to low earning individuals.

scholarly journals Carbon nanostructures: scientometric analysis for 2000-2015 (part 1)

Bibliosphere ◽  
2017 ◽  
pp. 101-107
Author(s):  
A. I. Terekhov
Keyword(s):  
Carbon Nanostructures ◽  
Total Output ◽  
Scientometric Analysis ◽  
Scientific Excellence ◽  
The World ◽  
The Usa ◽  
Using Data ◽  
Science Citation Index Expanded ◽  
Highly Cited

The article presents a scientometric analysis of the development of the carbon nanotechnology (NT) direction for 2000-2015 with the participation of 30 most active countries. It shows shifting the world research center to the Asian region, both on volume and quality indicators. Using the concept of a national research portfolio gives deep characteristics of different countries behavior in the course of scientific rivalry. Due to the strong skewness of the citation distributions, preference is given to the percentile-based indicators, such as: the contribution of a country to the world top-10% (top-1%) of the most highly cited publications, the share of such publications in the country's total output, the highly cited papers index, etc. Relying on them, the author fully discloses the scientific «offensive» of the «newcomer» countries on the «incumbents» ones (e.g. China on the USA, South Korea on Germany, Iran on Russia), the phenomenon of Singapore as an effective producer of highly cited publications on the carbon nanostructures, and international co-authorship in the top-1% segment of the most cited articles. Russia's positions are studied in detail, the main domestic research participants are established, and based on bibliometric criteria the center of scientific excellence in the field of graphene is identified. The paper characterizes the supporting role of a number of national science foundations in the NT carbon direction development using data of WoS. The author used the Science Citation Index Expanded database for the initial bibliographic sampling; information of science foundations of Russia and the USA, as well as patent organizations of Russia (Rospatent) and the world (WIPO) for additional comparison.

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