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Life-Cycle Effects on Consumption and Retirement. (1982). Hamermesh, Daniel.
In: NBER Working Papers.
RePEc:nbr:nberwo:0976.

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  1. Personality, IQ, and Lifetime Earnings. (2014). Gensowski, Miriam.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp8235.

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  2. Expenditures and Income Adequacy at Retirement. (2013). Nivorozhkin, Anton ; Nivorozhkina, Ludmila ; Abazieva, Kamila .
    In: Economics Bulletin.
    RePEc:ebl:ecbull:eb-13-00452.

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  3. Age discrimination on wages as a determinant of older workers - labour participation in Spain (refereed paper). (2011). Flores, Manuel ; Fernaandez, Melchor .
    In: ERSA conference papers.
    RePEc:wiw:wiwrsa:ersa10p1176.

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  4. Drop in consumption associated with retirement. The regression discontinuity design approach. (2010). Nivorozhkin, Anton ; Nivorozhkina, Ludmila ; Abazieva, Kamilla .
    In: Applied Econometrics.
    RePEc:ris:apltrx:0008.

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  5. AGEING AND CONSUMPTION – THE IMPACT OF DEMOGRAPHIC CHANGE ON FOOD EXPENDITURE PATTERNS. (2010). Anders, Sven.
    In: 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany.
    RePEc:ags:eaa115:116442.

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  6. Estimating Life Cycle Effects of Survival Probabilities in the Health and Retirement Study. (2005). Perry, Michael.
    In: Working Papers.
    RePEc:mrr:papers:wp103.

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  7. Subjektive Daten in der empirischen Wirtschaftsforschung: Probleme und Perspektiven. (2002). Winkelmann, Rainer.
    In: SOI - Working Papers.
    RePEc:soz:wpaper:0207.

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  8. The effects of annuities, bequests, and aging in an overlapping generations model of endogenous growth.. (1995). Pollard, Patricia ; Pecchenino, Rowena.
    In: Working Papers.
    RePEc:fip:fedlwp:1995-008.

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  9. The Effects of Japanese Social Security Retirement Benefits on Personal Savings and Elderly Labor Force Behavior. (1988). Yamada, Tetsuji.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:2661.

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  10. Pensions, Social Security, and Asset Accumulation. (1986). Woodbury, Stephen ; Pozo, Susan.
    In: Eastern Economic Journal.
    RePEc:eej:eeconj:v:12:y:1986:i:3:p:273-281.

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References

References cited by this document

  1. _, "Consumption During Retirement: The Missing Link in the Life Cycle," NBER Working Paper No. 930, July 1982, c. Laurence Kotlikoff and Lawrence Summers, "The Adequacy of Savings," American Economic Review, 72, forthcoming.
    Paper not yet in RePEc: Add citation now
  2. _, "Expectations, Life Expectancy and Economic Behavior," NBER Working Paper No. 835, January, 1982, b.
    Paper not yet in RePEc: Add citation now
  3. _, "Social Security Benefits and the Accumulation of Preretirement Wealth," NBER Working Paper No. 477, May 1980.
    Paper not yet in RePEc: Add citation now
  4. — Inclusion of each worker's average covered earnings from 1954-59 did not greatly affect this conclusion, though it did reduce the significance of the Social Security wealth variable (since this is a complicated nonlinear transformation of earnings). 24/ —Wolfe (1982) finds that people who retire early have higher than average mortality rates, and interprets the causation as running from a shorter horizon inducing early retirement. This is not inconsistent with my results, for I concentrate implicitly (by holding health status constant) only on the effects of the horizon on the demand for leisure of the healthy older population (87 and 91 percent in the two Terman samples, 59 and 68 percent in the two RHS samples.)
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  5. —^For example, the number of children ever born among married women age 45 in 1959 was 2.39. (Current Population Reports, P-20, No. 107).
    Paper not yet in RePEc: Add citation now
  6. —^Parsons (1977) found that the wife's hours of work had a positive effect on the husband's hours of work in data on older males from the National Longitudinal Survey.
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  7. —/■For example, 43 (31) percent of the 1972 sample had mothers (fathers) who survived to 80, while 16 (23) percent had mothers (fathers) who died before 60. Comparable figures in the 1977 sample are 50 (32) percent and 16 (24) percent.
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  8. Alan Blinder, Roger Gordon and Donald Wise, "Reconsidering the Work Disincentive Effects of Social Security," National Tax Journal, 33 (December 1980), 431-442.

  9. Anthony Pellechio, "Social Security and the Decision to Retire," NBER Working Paper No. 734, August 1981.

  10. Arleen Leibowitz, "Home Investments in Children," Journal of Political 82 (March-April 1974), S111-S131.

  11. Daniel Hamermesh, "Social Insurance and Consumption: An Empirical Inquiry," American Economic Review, 72 (March 1982), 101-113, a.

  12. Donald Parsons, "Health, Family Structure and Labor Supply," American Economic Review, 67 (September 1977), 703-712.

  13. Edward Lazear, "Why Is There Mandatory Retirement?" Journal of Political Economy, 87, (December 1979), 1261-1284.

  14. FOOTNOTES — White males have experienced the smallest increase in life expectancy among the four race-sex groups; yet even their life expectancy at age 20 increased from 50.2 years remaining in 1969-71, to 52.3 years of remaining life in 1979.
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  15. Franco Modigliani and Richard Brumberg, "Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data," in K. Kurihara, ed. Post Keynesian Economics, New Brunswick, Rutgers University Press, 1954.
    Paper not yet in RePEc: Add citation now
  16. George Borjas and James Heckman, "Labor Supply Estimates for Public Policy Evaluation," Proceedings of the Industrial Relations Research Association, 1978.

  17. In 1959 the median earnings of male professional workers ages 45-54 were only $7854. (Census of Population, 1960, PC (2) - 7A).
    Paper not yet in RePEc: Add citation now
  18. John Caldwell, "A Theory of Fertility: From High Plateau to Destabilization," Population and Development Review, 4 (December 1978), 553-578.
    Paper not yet in RePEc: Add citation now
  19. Jonathan Skinner, "Empirical Estimates of the Cost and Incidence of the Interest Income Tax," Unpublished Paper, UCLA, January 1981.
    Paper not yet in RePEc: Add citation now
  20. Martin Feldstein, "Social Security and Private Saving: International Evidence in an Extended Life-Cycle Model," in M. Feldstein and R. Inman, The Economics of Public Services, London: Macmillan, 1977, 174-205.

  21. Nigel Tomes, "A Model of Fertility and Children's Schooling," Economic Inquiry, 19 (April 1981), 209-234. -~-Robert Willis, "The Direction of Intergenerational Transfers and Demographic Transition: The Caldwell Hypothesis Reexamined," Unpublished Paper SUNY-Stony Brook, April 1981. ' John Wolfe, "The Role of Perceived Longevity in the Social Security Early Retirement Decision," Michigan State University, Econometrics Workshop Paper No. 8105, May 1982.

  22. Roger Gordon and Alan Blinder, "Market Wages, Reservation Wages and Retirement," Journal of Public Economics, 14 (October 1980), 277-308.

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  2. On the optimal linkage of social security benefits to payroll taxes. (2016). Gahvari, Firouz ; Beach, Randy .
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  3. Have We Finally Achieved Actuarial Fairness of Social Security Retirement Benefits and Will It Last?. (2014). Heiland, Frank ; Yin, NA.
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  4. The role of information for retirement behavior: Evidence based on the stepwise introduction of the Social Security Statement. (2011). Mastrobuoni, Giovanni.
    In: Journal of Public Economics.
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  5. Labor Supply Responses to Marginal Social Security Benefits: Evidence from Discontinuities. (2009). Luttmer, Erzo ; Liebman, Jeffrey ; Seif, David G. ; Luttmer, Erzo E. P., .
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  7. THEORETICAL FOUNDATIONS OF PAY‐AS‐YOU‐GO DEFINED‐CONTRIBUTION PENSION SCHEMES. (2008). Nisticò, Sergio ; Sergio Nisticò, ; Gronchi, Sandro .
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  8. Do the Elderly Respond to Taxes on Earnings? Evidence from the Social Security Retirement Earnings Test. (2007). Loughran, David S..
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  9. Coping with Spain’s Aging; Retirement Rules and Incentives. (2007). Guajardo, Jaime ; Catalan, Mario ; Hoffmaister, Willy A.
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  10. Public policies as specification errors. (2005). Mulligan, Casey.
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  11. The impact of wealth on consumption and retirement behaviour in the UK. (2004). Blake, David.
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  23. An Empirical Analysis of Married Womens Retirement Decisions. (1994). Vistnes, Jessica Primoff .
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