UM04-06: Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs
Researchers
Abstract
We will use a dynamic programming model estimated with data from the Health and Retirement Study to simulate the behavioral effects of various reforms to the OASDI and Medicare programs. Among the reforms we will simulate are changes in the normal retirement age, changes in the age of eligibility for Medicare benefits, and changes in the strictness of the medical evaluation of applicants for DI benefits. Along with the behavioral effects of such changes, we will be interested in the effects on the distribution of family incomes among households with members nearing retirement age.
Publications
- Using a Structural Retirement Model to Simulate the Effect of Changes to the OASDI and Medicare Programs (Research Brief)
- Using a Structural Retirement Model to Simulate the Effects of Changes to the OASDI and Medicare Programs (Working Paper)
- Using a Structural Retirement Model to Simulate Effects of Changes to the OASDI and Medicare Programs (Conference Paper)