Metadata record for The Employment Effects of the Social Security Earnings Test
117502
Inter-university Consortium for Political and Social Research
ICPSR metadata records are licensed under a Creative Commons Attribution-Noncommercial 3.0 United States License.
V1
The Employment Effects of the Social Security Earnings Test
117502
http://doi.org/10.3886/E117502V1
Alexander Gelber
Damon Jones
Daniel Sacks
Jae Song
Please see full citation.
This work is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) License.
U.S. Social Security Administration
RRC08098400-09
Ann Arbor, MI: Inter-university Consortium for Political and Social Research
Gelber, Alexander, Jones, Damon, Sacks, Daniel, and Song, Jae. The Employment Effects of the Social Security Earnings Test . Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-02-03. https://doi.org/10.3886/E117502V1
We investigate the impact of the Social Security Annual
Earnings Test (AET) on the employment decisions of older Americans. The AET
reduces Social Security benefits by one dollar for every two dollars earned
above the exempt amount. Using a differences-in-differences design, we find
that the employment rate of those predicted to become subject to the AET
decreases substantially relative to those not predicted to become subject to
it. The point estimates suggest that the AET reduces the employment rate of
Americans aged 63-64 by at least 1.2 percentage points.