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The Effect of Social Security on Retirement in the Early 1970s

✍ Scribed by Michael D. Hurd and Michael J. Boskin


Book ID
124315627
Publisher
MIT Press
Year
1984
Tongue
English
Weight
401 KB
Volume
99
Category
Article
ISSN
0033-5533

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The effects of subjective survival on re
✍ Michael D. Hurd; James P. Smith; Julie M. Zissimopoulos πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 129 KB

## Abstract According to the life‐cycle model, mortality risk will influence both retirement and the desire to annuitize wealth. We estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security benefits because delayed claiming is equivalent to the pu