Tag: Social Security
Abstract In times of economic distress, both individuals and localities can benefit from stable sources of income. While a large literature documents the benefits that individuals enjoy from guaranteed income such as Social Security, less attention has been given to the stabilizing force of Social Security at the community level. Intuitively, if many people ar…
Many workers in their 60s lose some of their stamina. Either their bodies start showing signs of wear, or they don’t tolerate on-the-job stress like they used to. People who find themselves in this situation but can’t afford to retire will appreciate the findings in a recent study: older workers who transition to a new…
