Tag: Social Security

Their finances are in the green

Abstract In this paper we analyze the effect of Social Security regime changes on labor force participation of 50-80-year-old men across and within 13 countries: Argentina, Austria, Brazil, Chile, France, Greece, Malaysia, Mexico, Panama, Portugal, South Africa, Spain, and the United States. Labor force participation of men ages 50-80 has declined dramatically since 1960, despit…

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Abstract Immigration is transforming the U.S. labor force with important consequences for Social Security’s adequacy and finances. Using longitudinal data from the Survey of Income and Program Participation matched to rich administrative data on lifetime earnings and benefit receipt, we measure the extent to which non-natives’ lifetime earning patterns, payroll taxes paid, benefits received, and…