| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14462 |
| 来源ID | Working Paper 14462 |
| The Rise of Retirement Among African Americans: Wealth and Social Security Effects | |
| Dora L. Costa | |
| 发表日期 | 2008-11-06 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | I examine the effects of an unearned income transfer on the retirement rates and living arrangements of a very poor population by studying the effects of pensions on the decisions of black Union Army veterans. I find that blacks were 2 to 5 times as responsive as whites to income transfers in their retirement decisions and 6 to 8 times as responsive in their choice of independent living arrangements. I argue that blacks' greater poverty explains their responsiveness to pensions. My findings have implications for understanding racial differences in trends in retirement and independent living. I show that the retirement rates of both blacks and whites rose between 1900 and 1930 but that convergence in black and white rates and in living arrangements only occurred between 1930 and 1950. I argue that income effects from the institution of Social Security explain up to half of the convergence in black-white retirement rates and in living arrangements. |
| 主题 | Labor Economics ; Demography and Aging ; Labor Supply and Demand ; History ; Labor and Health History |
| URL | https://www.nber.org/papers/w14462 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572137 |
| 推荐引用方式 GB/T 7714 | Dora L. Costa. The Rise of Retirement Among African Americans: Wealth and Social Security Effects. 2008. |
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| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14462.pdf（348KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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