Recessions, Retirement, and Social Security
利用美国人口调查数据，研究退休前后劳动力市场波动如何影响55-69岁人群的就业状态和社会保障领取，发现衰退期临近退休者更早退出劳动力和领取社保，且低收入群体受影响最大。
This paper examines how labor market fluctuations around the time of retirement affect the labor force status and Social Security receipt of individuals ages 55 to 69 and the income of retirees in their 70s, using data from the March Current Population Survey, Census, and American Community Surveys. We find that workers are more likely to leave the labor force, to collect Social Security earlier, and to have lower Social Security income when they face a recession near retirement. The impact is greatest for the less-educated, who are more susceptible to job loss and rely more heavily on Social Security.