Archive: Qi Guan
Abstract Numerous studies have found that even as employment growth in high- and low-skill occupations has been robust, employment in middle-skill occupations such as office administration and manufacturing is in long-term decline. The timing of this decline could not be worse for the older workers looking to prolong their careers to compensate for decreasing Socia…
The brief’s key findings are: To encourage Americans to save more for retirement, some suggest raising 401(k) contribution limits. To assess such an option, this analysis estimates the effects of a 2001 increase in 401(k) limits that also introduced a higher “catch-up” limit for those 50 and over. The increase in the limits did boost…
