Older workers: Increasing their labor force participation and hours of work

Monthly Labor Review

Volumn 131, Issue 1, 2008, Pages 41-54

  Gendell, Murray ^a  

^a GEORGETOWN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 39749196844     PISSN: 00981818     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (21)

1. Annual Statistical Supplement to the Social Security Bulletin, 2005 (Social Security Administration, 2006), tables 6.B5 and 6.C2.
2. National Vital Statistics Reports, "United States Life Tables, 2004 vol. 56, no. 9 (U.S. Department of Health and Human Services, Centers for Disease Control and Prevention, Dec. 28, 2007), table 1, on the Internet at http://www.cdc.gov/nchs/data/nvsr/nvsr56/nvsr56_09.pdf (visited Jan. 28, 2007).
3. Jacob S. Siegel and David A. Swanson, eds., The Methods and Materials of Demography, 2nd ed. (San Diego, Elsevier/Academic Press, 2004), Appendix C. The formula also appears in the first edition.
4. Mitra Toossi, "Labor force projections to 2016: more workers in their golden years," Monthly Labor Review, November 2007, pp. 33-52.
5. Murray Gendell, "Retirement age declines again in 1990s," Monthly Labor Review, October 2001, p. 18.
6. Toossi, "Labor force projections to 2016," November 2007, and more detailed age data were provided to the author by BLS.
7. Franco Peracchi and Finis Welch, "Trends in labor force transitions of older men and women," Journal of Labor Economics, 1994, vol. 12, no. 2, pp. 223-225.
8. Philip L. Rones, Randy E. Ilg, and Jennifer M. Gardner, "Trends in hour of work since the mid-1970s," Monthly Labor Review, April 1997, table 2, p. 7.
9. The Social Security earnings test required a reduction in benefits if earnings exceeded a specified amount. See Annual Statistical Supplement to the Social Security Bulletin, 2005, table 2A29 for a history of the changes in the test.
10. Jae G. Song and Joyce Manchester, "New evidence on earnings and benefit claims following changes in the retirement earnings test in 2000," Working Paper 107 (Office of Research, Evaluation, and Statistics, Office of Policy, Social Security Administration, July 2006).
11. See also Leora Friedberg, "The Recent Trend Towards Later Retirement," Work Opportunities for Older Americans, Series 9 (Chesnut Hill, MA, Center for Retirement Research at Boston College, March 2007), p. 3.
12. On the Internet at http://crr.bc.edu/images/stories/Briefs/ wob_9.pdf (visited Jan. 28, 2008).
13. Alan L. Gustman and Thomas L. Steinmeier, "The Social Security Retirement Earnings Test, Retirement and Benefit Claiming," Working Paper No. 2004-090 (Ann Arbor, MI, University of Michigan Retirement Research Center, 2004) pp. 7-8.
14. On the Internet at http://www.mrrc.isr.umich.edu/publications/papers/ pdf/wp090.pdf (visited Jan. 28, 2008).
15. Alan J. Auerbach, David Card, and John M. Quigley, eds., Public Policy and the Income Distribution (New York, NY, Russell Sage Foundation, 2006), figure 2 and p. 2.
16. Robert L. Clark, Richard V. Burkhauser, Marilyn Moon, Joseph F. Quinn, and Timothy M. Smeeding, The Economics of an Aging Society (Malden, MA, Blackwell Publishing, 2004), p. 182.
17. Clark, et al, Economics of an Aging Society p. 43.
18. Federal Interagency Forum on Aging-Related Statistics, Older Americans 2004: Key Indicators of Well-Being (Washington, D.C., United States Government Printing Office, November 2004), p. 15.
19. Jacob S. Hacker, The Great Risk Shift: The Assault on American Jobs, Families, Health Care, and Retirement and How You Can Fight Back (New York, NY, Oxford University Press, 2006).
20. Hacker, The Great Risk Shift, p.18.
21. Vincenzo Galasso, The Political Future of Social Security in Aging Societies (Cambridge, MA, MTT Press, 2006), p.xvi.