Tag: Social Security
The decades-long march of women into the nation’s workplaces may be the most enduring trend in the labor force – and a signature of American progress. But it is also one more reason that Social Security benefits today replace a smaller share of the lifetime earnings of married couples than they did in the past,…
Abstract This paper seeks to determine the impact of the changing lives of women – increased labor force participation/earnings and reduced marriage rates – on Social Security replacement rates. First, our estimates, based on the Health and Retirement Study and Modeling Income in the Near Term, show that Social Security replacement rates have dropped sharply…
