RELATIVE WAGES are changing. Over the last decade or so, earnings of high school
graduates have declined rela-tive to college graduates, and earnings of young adults have …

This article explores three interconnected decisions related to early retirement-the decision
whether to leave a long-term job prior to age 65. the decision whether to accept bridge …

This book presents the econometric analysis of single-equation and simultaneous-equation
models in which the jointly dependent variables can be continuous, categorical, or …

Economists have concerned themselves with the relationship between a worker's wage rate
and his productivity for many years now. The controversy extends back to the early debates …

Labor supply estimates are sensitive to the measures of health used. When self reported
measures are used health seems to playa larger role and economic factors a smaller one …

This paper provides an empirical analysis of how the US Social Security and Medicare
insurance system affects the labor supply of older males in the presence of incomplete …

RESEARCH BY ECONOMISTS on the el-derly has grown rapidly since the 1978 review on
the economics of aging in this journal (Robert Clark, Juanita Kreps, and Joseph Spengler …

This chapter examines the labor supply effects of social insurance programs. We argue that
this topic deserves separate treatment from the rest of the labor supply literature because …

The" job-stop**" process of older workers often includes some combination of postcareer"
bridge" employment, partial retirement, and reverse retirement. Fewer than two-fifths of …

This article uses aggregate birth year/calendar year level data derived from the Current
Population Survey (CPS) to estimate the effect of Social Security wealth on the labor supply …