Social Security and Retirement : Ores Working Paper Series Number 17 book
Social Security and Retirement : Ores Working Paper Series Number 17 book

Social Security and Retirement : Ores Working Paper Series Number 17 by John B Hagens

Social Security and Retirement : Ores Working Paper Series Number 17
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Author: John B Hagens
Page Count: 24 pages
Published Date: 26 Jun 2013
Publisher: Bibliogov
Publication Country: United States
Language: English
ISBN: 9781289036119
File size: 38 Mb
Download Link: Social Security and Retirement Ores Working Paper Series Number 17
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Empirical evidence suggests that Social Security causes many individuals to retire earlier than otherwise. An important policy question is whether the program should be designed to lessen or eliminate this induced retirement effect. This paper proposes a framework for analyzing the socially desirable relationship between Social Security and retirement. Two common rationales for the program, forced saving and retirement insurance, are examined. If importance is attached to either of these rationales, then it is shown that retirement neutrality should probably not be a feature of Social Security.

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