Can Social Security Explain Trends in Labor Force Participation of Older Men in the United States?

A-Tier
Journal: Journal of Human Resources
Year: 2010
Volume: 45
Issue: 2

Authors (2)

David M. Blau (Ohio State University) Ryan M. Goodstein (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

After a long decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We examine how changes in Social Security rules affected these trends. We attribute only a small portion of the decline from the 1960s–80s to the increasing generosity of Social Security over this period. Increases in the Full Retirement Age and the Delayed Retirement Credit explain one quarter to one half of the recent increase in the LFPR. Increasing educational attainment and increasing LFPR of married women also contributed to the recent rise.

Technical Details

RePEc Handle
repec:uwp:jhriss:v:45:y:2010:i2:p328-363
Journal Field
Labor
Author Count
2
Added to Database
2026-01-24