The Effect of the Social Security Earnings Test on Male Labor Supply: New Evidence from Survey and Administrative Data
利用行政数据和调查数据,分析社会保障收入测试对男性劳动供给的影响,发现调查数据中的反应被测量误差和劳动力市场刚性掩盖,实际反应显著且一致,尤其对年轻男性。
Despite numerous empirical studies, there is surprisingly little agreement about whether the Social Security earnings test affects male labor supply.In this paper, we provide a comprehensive analysis of the labor supply effects of the earnings test using longitudinal administrative earnings data and more commonly used survey data.We find that the response to the earnings test in survey data is obfuscated by measurement error and labor market rigidities.Accounting for these factors, our results suggest a consistent and substantial response to the earnings test, especially for younger men.