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Title: The Effect of Public Pensions on Women's Labor Market Participation over a Full Life-Cycle *

Citation Type: Miscellaneous

Publication Year: 2014

Abstract: We use a life-cycle model of household savings and female labor market participation decisions to evaluate several reforms of the US Social Security pension system. In our model returns to labor market experience apply, so participation decisions affect not only current earnings and Social Security pension eligibility but also future earnings. We measure the effect of removing spousal benefit, removing the survivor's pension and extending from 35 to 40 the number of periods preceding retirement that are considered to calculate each worker's pension benefit. We find that the effects are substantial on female labor market participation from age 35. 2

Url: https://cbethenc.webs.ull.es/assets/wp9_the-effect-of-public-pensions-on-women-s-labor-market-participation-over-a-full-life-cycle.pdf

User Submitted?: No

Authors: Bethencourt, Carlos; Sánchez-Marcos, Virginia

Publisher: University of La Laguna

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure

Countries: United States

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