FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1504741689> ?p ?o ?g. }

• W1504741689 abstract "This paper applies structural models of retirement and saving of two earner couples to explore the effects on retirement of two actuarially neutral policies, which we know from previous work can have a substantial effect on retirement if heterogeneity in time preference rates is allowed. The main question being investigated here is whether using a model that explicitly incorporates the retirement interactions of two working spouses yields a different evaluation of policies than when a much simpler model that treats the retirement decisions of the second spouse as exogenous is used. The findings indicate that unless the question of interest is specifically related to joint retirement issues, the effects of the two actuarially neutral policies being investigated are roughly equal whichever model is estimated. A second question explored in the paper is whether two earner and one earner households can be combined in the analysis. The effects of policy changes are clearly different for one earner and two earner households, but there is some evidence that the principal difference is due to the differing budget sets of the two groups. Though the estimated preference parameters are significantly different, the critical parameters governing responses to policy changes are similar. As a result, it seems plausible that unless the question being investigated involves looking at these two groups separately, the overall impact of the policy changes may be adequately assessed by combining the two groups, separately identifying them by a dummy variable. A third question involves the magnitude of the effects for these two specific policy changes. Increasing the Social Security early entitlement age from 62 to 64 would reduce the level of retirement for husbands from two earner households by 4.4-4.6 percentage points at age 62, and by 5.1-5.7 percentage points for wives. In contrast, this policy change would induce husbands from one earner households to reduce the level of retirement by 10.2 percentage points at age 62. In a system of personal accounts, offering Social Security benefits as a lump sum instead of as an annuity would increase the level of retirement for husbands from two earner households by 7.1-8.1 percentage points at age 62 and by 8.9 percentage points for husbands in one earner households, and by 2.8-3.2 percentage points for wives in two earner households." @default.
• W1504741689 created "2016-06-24" @default.
• W1504741689 creator A5007302944 @default.
• W1504741689 creator A5035145308 @default.
• W1504741689 date "2008-01-01" @default.
• W1504741689 modified "2023-10-17" @default.
• W1504741689 title "How Does Modeling of Retirement Decisions at the Family Level Affect Estimates of the Impact of Social Security Policies on Retirement?" @default.
• W1504741689 cites W2153093138 @default.
• W1504741689 cites W3121512439 @default.
• W1504741689 cites W3122846044 @default.
• W1504741689 cites W3123995245 @default.
• W1504741689 doi "https://doi.org/10.2139/ssrn.1287302" @default.
• W1504741689 hasPublicationYear "2008" @default.
• W1504741689 type Work @default.
• W1504741689 sameAs 1504741689 @default.
• W1504741689 citedByCount "2" @default.
• W1504741689 crossrefType "journal-article" @default.
• W1504741689 hasAuthorship W1504741689A5007302944 @default.
• W1504741689 hasAuthorship W1504741689A5035145308 @default.
• W1504741689 hasBestOaLocation W15047416892 @default.
• W1504741689 hasConcept C127413603 @default.
• W1504741689 hasConcept C144024400 @default.
• W1504741689 hasConcept C145236788 @default.
• W1504741689 hasConcept C149782125 @default.
• W1504741689 hasConcept C15744967 @default.
• W1504741689 hasConcept C162324750 @default.
• W1504741689 hasConcept C175444787 @default.
• W1504741689 hasConcept C18762648 @default.
• W1504741689 hasConcept C19165224 @default.
• W1504741689 hasConcept C2776035688 @default.
• W1504741689 hasConcept C2777111884 @default.
• W1504741689 hasConcept C2777495918 @default.
• W1504741689 hasConcept C2781249084 @default.
• W1504741689 hasConcept C34447519 @default.
• W1504741689 hasConcept C4249254 @default.
• W1504741689 hasConcept C46312422 @default.
• W1504741689 hasConcept C78519656 @default.
• W1504741689 hasConceptScore W1504741689C127413603 @default.
• W1504741689 hasConceptScore W1504741689C144024400 @default.
• W1504741689 hasConceptScore W1504741689C145236788 @default.
• W1504741689 hasConceptScore W1504741689C149782125 @default.
• W1504741689 hasConceptScore W1504741689C15744967 @default.
• W1504741689 hasConceptScore W1504741689C162324750 @default.
• W1504741689 hasConceptScore W1504741689C175444787 @default.
• W1504741689 hasConceptScore W1504741689C18762648 @default.
• W1504741689 hasConceptScore W1504741689C19165224 @default.
• W1504741689 hasConceptScore W1504741689C2776035688 @default.
• W1504741689 hasConceptScore W1504741689C2777111884 @default.
• W1504741689 hasConceptScore W1504741689C2777495918 @default.
• W1504741689 hasConceptScore W1504741689C2781249084 @default.
• W1504741689 hasConceptScore W1504741689C34447519 @default.
• W1504741689 hasConceptScore W1504741689C4249254 @default.
• W1504741689 hasConceptScore W1504741689C46312422 @default.
• W1504741689 hasConceptScore W1504741689C78519656 @default.
• W1504741689 hasLocation W15047416891 @default.
• W1504741689 hasLocation W15047416892 @default.
• W1504741689 hasOpenAccess W1504741689 @default.
• W1504741689 hasPrimaryLocation W15047416891 @default.
• W1504741689 hasRelatedWork W1486919715 @default.
• W1504741689 hasRelatedWork W1880719934 @default.
• W1504741689 hasRelatedWork W2185442590 @default.
• W1504741689 hasRelatedWork W2889728363 @default.
• W1504741689 hasRelatedWork W3121713689 @default.
• W1504741689 hasRelatedWork W3121889487 @default.
• W1504741689 hasRelatedWork W3124000798 @default.
• W1504741689 hasRelatedWork W3124759200 @default.
• W1504741689 hasRelatedWork W3151069343 @default.
• W1504741689 hasRelatedWork W3009487986 @default.
• W1504741689 isParatext "false" @default.
• W1504741689 isRetracted "false" @default.
• W1504741689 magId "1504741689" @default.
• W1504741689 workType "article" @default.