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A Dynamic Model of Retirement and Social Security Reform Expectations (PDF)
Michigan Retirement Research Center, University of Michigan 
Oct. 24, 2006 38 pages. Excerpt: Researchers ... have rarely modeled the uncertainty over Social Security reform and benefit levels, and how they affect claiming behavior and retirement. The purpose of this paper is to assess the extent to which these perceptions of future cuts might explain the puzzle of earlier take-up despite bigger penalties to doing so in the presence of increasing longevity. MORE >> |
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