Social Security and the Joint Trends in Labor Supply and Benefits Receipt Among Older Men

Posted: 5 Mar 2010

See all articles by Bo MacInnis

Bo MacInnis

Institute for Social Research

Date Written: October 1, 2009

Abstract

Using data from the Current Population Surveys, we find an increase in the fraction of older American men who worked without receiving Social Security retirement benefits and a decline in the fraction of men who claimed benefits without working during the period 1980-2006. Using bivariate probit regressions, we find that an increase in Social Security’s normal retirement age decreased labor force participation rate regardless of benefits receipt status; that an increase in the delayed retirement credit increased benefit receipt regardless of labor force status; and that labor force participation and claiming Social Security benefits are strongly and negatively correlated.

Suggested Citation

MacInnis, Bo, Social Security and the Joint Trends in Labor Supply and Benefits Receipt Among Older Men (October 1, 2009). Available at SSRN: https://ssrn.com/abstract=1553199

Bo MacInnis (Contact Author)

Institute for Social Research ( email )

Ann Arbor, MI 48106-1248
United States
734 763 3189 (Phone)

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