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Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs

Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs PDF Author: John Bound
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
In this paper, we specify a dynamic programming model that addresses the interplay among health, financial resources, and the labor market behavior of men in the later part of their working lives. The model is estimated using data from the Health and Retirement Study. We use the model to simulate the impact on behavior of raising the normal retirement age, eliminating early retirement altogether and introducing universal health insurance.

Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs

Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs PDF Author: John Bound
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
In this paper, we specify a dynamic programming model that addresses the interplay among health, financial resources, and the labor market behavior of men in the later part of their working lives. The model is estimated using data from the Health and Retirement Study. We use the model to simulate the impact on behavior of raising the normal retirement age, eliminating early retirement altogether and introducing universal health insurance.

Social Security Bulletin

Social Security Bulletin PDF Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 436

Book Description


Social Security Reform and Retirement Income Policy

Social Security Reform and Retirement Income Policy PDF Author: United States. Congress. Senate. Special Committee on Aging
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 292

Book Description


Departments of Labor, Health and Human Services, Education, and Related Agencies Appropriations for 1983: Health Care Financing Administration

Departments of Labor, Health and Human Services, Education, and Related Agencies Appropriations for 1983: Health Care Financing Administration PDF Author: United States. Congress. House. Committee on Appropriations. Subcommittee on the Departments of Labor, Health and Human Services, Education, and Related Agencies
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1340

Book Description


The National Institute on Aging Macroeconomic-demographic Model

The National Institute on Aging Macroeconomic-demographic Model PDF Author:
Publisher:
ISBN:
Category : Aged
Languages : en
Pages : 160

Book Description


Coming of Age

Coming of Age PDF Author: United States. President's Commission on Pension Policy
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 620

Book Description


Health at Older Ages

Health at Older Ages PDF Author: David M. Cutler
Publisher: University of Chicago Press
ISBN: 0226132323
Category : Medical
Languages : en
Pages : 508

Book Description
Americans are living longer—and staying healthier longer—than ever before. Despite the rapid disappearance of pensions and health care benefits for retirees, older people are healthier and better off than they were twenty years ago. In Health at Older Ages, a distinguished team of economists analyzes the foundations of disability decline, quantifies this phenomenon in economic terms, and proposes what might be done to accelerate future improvements in the health of our most elderly populations. This breakthrough volume argues that educational attainment, high socioeconomic status, an older retirement age, and accessible medical care have improved the health and quality of life of seniors. Along the way, it outlines the economic benefits of disability decline, such as an increased rate of seniors in the workplace, relief for the healthcare system and care-giving families, and reduced medical expenses for the elderly themselves. Health at Older Ages will be an essential contribution to the debate about meeting the medical needs of an aging nation.

Privatizing Social Security

Privatizing Social Security PDF Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241823
Category : Political Science
Languages : en
Pages : 484

Book Description
This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest

An Econometric Model of OASDI

An Econometric Model of OASDI PDF Author: John C. Hambor
Publisher:
ISBN:
Category : Disability insurance
Languages : en
Pages : 56

Book Description


Pensions, Labor, and Individual Choice

Pensions, Labor, and Individual Choice PDF Author: David A. Wise
Publisher: University of Chicago Press
ISBN: 0226903273
Category : Business & Economics
Languages : en
Pages : 464

Book Description
In recent years a decline in the labor force participation of older workers has combined with rapid current and projected increases in the number of older Americans, producing major policy debates over looming "crises" in social security and, to a lesser extent, in the private pension system. That private system is playing an increasing role in the support of retired workers and promises to be the subject of increasing scrutiny by economists and policymakers alike. Previous books on private pensions have largely neglected behavioral implications of the features of pension plans. The papers in this volume, developed from material presented at a recent National Bureau of Economic Research conference, address two aspects of the relation between varieties of labor coverage and participation in the labor force. First, age at retirement may be correlated with kind of pension coverage. The papers, in fact, provide strong evidence that individual decisions about when to retire are directly influenced by pension options. Second, pension plans usually impose a high cost on workers who change jobs, which suggests that pension coverage reduces instances of job change. Pensions, Labor, and Individual Choice quantifies these correlations and proposes a conceptual framework within which to view them.