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The brief’s key findings are: Over 40 percent of respondents to a 2009 CRR survey planned no response to the financial crisis. But after it was made clear that their only options are to save more, work longer, or spend less in retirement, most opted to alter saving or work plans. Those who changed had…
Abstract Cross-sectional evidence in the United States finds that informal caregivers have less attachment to the labor force, measured both by the number of hours worked and labor force participation. The causal mechanism is unclear: do children who work less become informal caregivers, or are children who become caregivers working less? Using longitudinal data from…
