| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22132 |
| 来源ID | Working Paper 22132 |
| Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program | |
| Daniel K. Fetter; Lee M. Lockwood | |
| 发表日期 | 2016-04-04 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | Many major government programs transfer resources to older people and implicitly or explicitly tax their labor. In this paper, we shed new light on the labor supply and welfare effects of such programs by investigating the Old Age Assistance Program (OAA), a means-tested and state-administered pension program created by the Social Security Act of 1935. Using Census data on the entire US population in 1940, we exploit the large differences in OAA programs across states to estimate the labor supply effects of OAA. Our estimates imply that OAA reduced the labor force participation rate among men aged 65-74 by 8.5 percentage points, more than half of its 1930-40 decline. But both reduced-form evidence and an estimated structural model of labor supply suggest that the welfare cost to recipients of the high tax rates implicit in OAA's earnings test were small. The evidence also suggests that Social Security could account for at least half of the large decline in late-life work from 1940 to 1960. |
| 主题 | Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Labor Supply and Demand ; History ; Labor and Health History ; Other History |
| URL | https://www.nber.org/papers/w22132 |
| 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/579805 |
| 推荐引用方式 GB/T 7714 | Daniel K. Fetter,Lee M. Lockwood. Government Old-Age Support and Labor Supply: Evidence from the Old Age Assistance Program. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22132.pdf（1018KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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