Tag: Social Security claiming
While the contours of the Great Recession and the COVID Recession differed sharply, older workers continued to retire and claim Social Security. The question that my co-authors, Anqi Chen and Siyan Liu, and I explored in a recent study is the relative impacts of the two recessions on the claiming behavior of different groups. To answer that question, we used data…
Introduction As COVID-19 shut down the economy in early 2020, the press asked repeatedly how the economic turmoil – combined with a health crisis and a plunge in the stock market – would affect older workers. At that time, the natural inclination was to draw similarities to how older workers responded in the Great Recession.&nbs…
