scholarly journals The Impact of Covid-19 on Older Workers' Employment and Social Security Spillovers

2021 ◽  
Author(s):  
Gopi Shah Goda ◽  
Emilie Jackson ◽  
Lauren Hersch Nicholas ◽  
Sarah See Stith
Keyword(s):  
Social Security ◽  
Older Workers ◽  
The Impact

scholarly journals Social security personal-account participation with government matching

2005 ◽  
Vol 4 (2) ◽  
pp. 155-179 ◽  
Author(s):  
GARY V. ENGELHARDT ◽  
ANIL KUMAR
Keyword(s):  
Social Security ◽  
Older Workers ◽  
Structural Model ◽  
Design Parameters ◽  
Personal Account ◽  
Empirical Estimates ◽  
Match Rate ◽  
Personal Accounts ◽  
Low Educated ◽  
The Impact

This paper examines the potential impact of government matching contributions on personal-account participation in the President's Commission on Strengthening Social Security's Model 3 for Social Security reform. Given the government's choice of four plan-design parameters, the magnitude of the match is determined solely by the differential return personal-account assets receive above the notional return, referred to as the ‘personal-account premium’, akin to the equity premium. The impact of matching on personal-account participation is simulated for older workers (ages 40 to 65) in the first wave of the Health and Retirement Study (HRS) using empirical estimates from a structural model of the impact of employer matching on participation in corporate 401(k) plans. For a personal-account premium of three percentage points, which implies a match rate of 7.5% for middle- to lower-income workers, the simulations imply that 72% of mid-career and older workers would participate in voluntary personal accounts. The response of participation to matching is very inelastic; it seems not unlikely that participation by mid-career and older workers would achieve the mid-range assumption by the Commission of 67%. There is substantial heterogeneity in participation across subsets of older workers: participation would be the lowest for low-educated, minority, female, and unmarried mid-career and older workers.

Using Nonlinear Budget Sets to Estimate Extensive Margin Responses: Method and Evidence from the Earnings Test

2021 ◽  
Vol 13 (4) ◽  
pp. 150-193
Author(s):  
Alexander M. Gelber ◽  
Damon Jones ◽  
Daniel W. Sacks ◽  
Jae Song
Keyword(s):  
Social Security ◽  
Older Workers ◽  
Reduction Rate ◽  
Extensive Margin ◽  
Social Security Administration ◽  
Percentage Point Increase ◽  
Earnings Test ◽  
Regression Kink Design ◽  
Annual Earnings ◽  
The Impact

We estimate the impact of the Social Security Annual Earnings Test (AET) on older workers’ employment. The AET reduces social security claimants’ current benefits in proportion to their earnings in excess of an exempt amount. Using a regression kink design and Social Security Administration data, we document that the discontinuous change in the benefit reduction rate at the exempt amount causes a corresponding change in the slope of the employment rate, suggesting that the extensive margin of labor supply is more sensitive to this policy than commonly thought. We develop a model and method that allow us to translate the behavioral responses into a lower bound estimate of 0.49 for the extensive margin elasticity, which implies more than a 1 percentage point increase in work in the absence of the AET. (JEL H55, J14, J22, J26, J31)

scholarly journals Casa de la Asegurada: A Collective Housing Facility for Women Development in Mexico

Buildings ◽  
2021 ◽  
Vol 11 (6) ◽  
pp. 236
Author(s):  
Lucía Martín López ◽  
Rodrigo Durán López
Keyword(s):  
Social Security ◽  
Public Space ◽  
Women's Movements ◽  
Mexican Families ◽  
History Of ◽  
New Ideas ◽  
And Gender ◽  
Collective Housing ◽  
Mexican Architecture ◽  
The Impact

While several women’s movements that aimed to modify their relationship with public space were taking place across the world, in 1956, the Mexican Social Security Institute founded the program Casa de la Asegurada, the subject of this study, as a tool for improving the social security of Mexican families through the input of cultural, social, artistic, and hygienic knowledge for women. The program’s facilities, Casas de la Asegurada, are located in the large Mexican housing complexes, articulating themselves to the existing city. Despite the impact on the lives of Mexican families, these have been ignored throughout the history of Mexican architecture. The main objective of this paper is to show the state of the art of Casa de la Asegurada and its facilities located in Mexico City. To achieve this, the greatest number available of primary sources on the topic was compiled through archive and document research. Sources were classified identifying information gaps to explain, in three different scales (program, facilities, and a case study), how they work through their objectives, performed activities, and evolved through time, so that the gathered information is analyzed with an urbanistic, architectural, and gender approach to contribute new ideas in the building of facilities that allow women empowerment.

scholarly journals The contribution of changes to tax and social security to stalled life expectancy trends in Scotland: a modelling study

2020 ◽  
pp. jech-2020-214770
Author(s):  
Elizabeth Richardson ◽  
Martin Taulbut ◽  
Mark Robinson ◽  
Andrew Pulford ◽  
Gerry McCartney
Keyword(s):  
Life Expectancy ◽  
Social Security ◽  
Tax Credits ◽  
The Difference ◽  
Group Sex ◽  
The Uk ◽  
Social Security Benefits ◽  
The Impact ◽  
Welfare Reforms ◽  
Detrimental Impact

BackgroundLife expectancy (LE) improvements have stalled, and UK tax and welfare ‘reforms’ have been proposed as a cause. We estimated the effects of tax and welfare reforms from 2010/2011 to 2021/2022 on LE and inequalities in LE in Scotland.MethodsWe applied a published estimate of the cumulative income impact of the reforms to the households within Scottish Index of Multiple Deprivation (SIMD) quintiles. We estimated the impact on LE by applying a rate ratio for the impact of income on mortality rates (by age group, sex and SIMD quintile) and calculating the difference between inflation-only changes in benefits and the reforms.ResultsWe estimated that changes to household income resulting from the reforms would result in an additional 1041 (+3.7%) female deaths and 1013 (+3.8%) male deaths. These deaths represent an estimated reduction of female LE from 81.6 years to 81.2 years (−20 weeks), and male LE from 77.6 years to 77.2 years (−23 weeks). Cuts to benefits and tax credits were modelled to have the most detrimental impact on LE, and these were estimated to be most severe in the most deprived areas. The modelled impact on inequalities in LE was widening of the gap between the most and least deprived 20% of areas by a further 21 weeks for females and 23 weeks for males.InterpretationThis study provides further evidence that austerity, in the form of cuts to social security benefits, is likely to be an important cause of stalled LE across the UK.

The Impact of Social Security Tax Contributions on Group Life Insurance Premiums

1987 ◽  
Vol 54 (4) ◽  
pp. 712 ◽  
Author(s):  
George E. Rejda ◽  
James R. Schmidt ◽  
Michael J. McNamara
Keyword(s):  
Social Security ◽  
Life Insurance ◽  
Insurance Premiums ◽  
Social Security Tax ◽  
Group Life ◽  
The Impact

Was it worth it? The impact of the German minimum wage on union membership of employees

2021 ◽  
pp. 0143831X2110358
Author(s):  
Simon Ress ◽  
Florian Spohr
Keyword(s):  
Propensity Score ◽  
Social Security ◽  
Labour Market ◽  
Propensity Score Matching ◽  
Minimum Wage ◽  
Trade Union ◽  
Union Membership ◽  
Difference In Differences ◽  
German Trade ◽  
The Impact

This contribution scrutinises how introducing a statutory minimum wage of EUR 8.50 per hour, in January 2015, impacted German employees’ decision with regard to union membership. Based on representative data from the Labour Market and Social Security panel, the study applies a logistic difference-in-differences propensity score matching approach on entries into and withdrawals from unions in the German Trade Union Confederation (Deutscher Gewerkschaftsbund, DGB). The results show no separate effect on withdrawals from or entries into unions after the minimum wage introduction for those employees who benefited financially from it, but a significant increase of entries overall. Thus, unions’ campaign for a minimum wage strengthened their position in total but did not reverse the segmentation of union membership patterns.

Sign in / Sign up

Export Citation Format

Share Document