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Economists Study Retirement and the Stock Market Bubble of the Late '90s
National Bureau of Economic Research [NBER]
Dec. 20, 2002 "The extraordinary returns in the stock market in the late 1990's . . . increased retirement for the HRS sample of workers by over 3 percentage points by the turn of the century and would have decreased the average retirement age by about a quarter of a year if it had not been interrupted.. . . [A]ny continuing effects of the bubble after its end will probably be minimal." MORE >> |
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