2017

Do State Laws Protecting Older Workers from Discrimination Reduce Age Discrimination in Hiring? Experimental (and Nonexperimental) Evidence

WP 2017-360, UM16-04

We provide evidence from a field experiment — a correspondence study — on age discrimination in hiring for retail sales jobs. We collect experimental data in all 50 states and then relate measured age discrimination — the difference in callback…

Targeting with In-kind Transfers: Evidence from Medicaid Home Care

WP 2017-359, UM13-03

Many of the most important government programs make transfers in kind as opposed to in cash. Making transfers in kind has the obvious cost that recipients would at least weakly prefer cost-equivalent cash transfers. But making transfers in kind can…

The Effects of Means-tested Noncontributory Pensions on Poverty and Well-being: Evidence from the Chilean Pension Reforms

WP 2017-358, UM16-18

Chile initiated in 1981 a privately managed, individual-account pension system that inspired similar reforms in many Latin American countries, and that has been considered as a possible model for Social Security in the United States. After 30 years in place,…

Caregiving and Work: The Relationship between Labor Market Attachment and Parental Caregiving

WP 2017-356, UM16-07

There has been much concern over the provision of long-term care and the stresses it imposes on the family members who provide that care. However, despite the importance of this issue, it has been difficult to assess a causal relationship…

2016

2015 American Working Conditions Survey: Focus on Older Versus Younger Workers

WP 2016-362, UM16-08

In this report we highlight findings on the differing job demands of older versus younger workers from the 2015 American Working Conditions Survey (AWCS), a new nationally representative survey of U.S. workers ages 25-71. We find that generally older workers…

The Effect of Social Security Information on the Labor Supply and Savings of Older Americans

WP 2016-361, UM16-09

This paper examines how older workers adjust their labor supply in response to information they receive about their retirement wealth from the provision of the Social Security Statement. We find that older male workers’ labor supply is highly responsive to…

Productivity Growth and Interest Rate Trends: A Long-Run Analysis

WP 2016-357, UM16-Q2

This paper develops a new measure of after-tax rate of return on aggregate wealth and uses it in estimating the structural relationship between the long-run interest rate and productivity growth rate. The structural approach allows use of parameter estimates in…

Long-term Individual and Population Consequences of Early-life Access to Health Insurance

WP 2016-355, UM16-Q1

Gaining access to health insurance in childhood has been associated with improved childhood health and educational attainment. Expansions in health insurance access have steadily lowered the rates of uninsured children and may have long term consequences for adult health and…

The Effect of the Affordable Care Act on the Labor Supply, Savings, and Social Security of Older Americans

WP 2016-354, UM15-11

This paper assesses the effect of the Affordable Care Act (ACA) on the labor supply of Americans ages 50 and older. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming…

Consumption Smoothing During the Financial Crisis: The Effect of Unemployment on Household Spending

WP 2016-353, UM16-13

Because of data limitations, the quantification of consumption smoothing in response to economic shocks has been challenging to investigate empirically. We used monthly data on total household spending, income, and labor force participation to estimate the effects of unemployment on…