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Recessions, Wealth Destruction, and the Timing of Retirement

Barry Bosworth and Gary Burtless explore the topic of the timing of retirement during a recession. They analyze the competing effects of a weaker job market and falling retirement asset values, and examine the impact of the business cycle on the take-up of Social Security retired-worker benefits, old-age labor force participation and employment rates, using a combination of aggregate time series data and micro-census data on workers’ labor force attachment.

Posted in: Grey Literature on 02/19/2011 | Link to this post on IFP |
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