Probabilistic Thinking and Early Social Security Claiming
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منابع مشابه
Probabilistic Thinking and Social Security Claiming
This study analyzes the extent to which an individual’s survival expectations influence his or her decision to claim social security benefits at an early age. We find that subjective survival probabilities capture meaningful behavioral responses to incentives for early Social Security claiming when they are purged of measurement error using risk factors as instruments. Among people who are stil...
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The central purpose of this paper is to formulate and estimate a retirement model that also includes claiming of Social Security benefits as an outcome, and to use the model to inquire about the effects of various proposals to change the Social Security system. The forerunner to this work is a retirement model previously built to capture the spike in retirement at the Social Security early enti...
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