… how the US Social Security and Medicare insurance system affects the labor supply of older
males in the presence of incomplete markets for loans, annuities, and health insurance. We …

… In this section, we use the model to predict how changing the Social Security and Medicare
rules would affect retirement behavior. The results of these experiments are summarized in …

… this being a scarce good in our imperfect world., 3 3 However… each case incomplete)
perspectives on Medicare are worth … theory of optimal lifetime behavior, suggesting that people …

… misconceptions prevail about our existing programs of Social Security and Medicare. … It
strains credibility to imagine that we have any better idea what the world is going to look like 75 …

… various effects that social security has on retirement behavior … literature on social security
and retirement. We highlight the … of retirement health insurance through the Medicare program…

… the impact of Social Security on retirement, using the best available recent data on retirement
behavior, the Health and Retirement … of retirement health insurance through Medicare. …

… To highlight whether these motives may impact claiming behavior, we study how claiming
varies with transitory … includes both the Social Security payroll tax as well as Medicare tax. The …

… the Social Security benefit, interactions with defined benefit (DB) pension plans, which often
have financial incentives to retire at 65, or availability of health insurance from Medicare, for …

… Unless blind or disabled, persons under age 65 cannot qualify for Medicare or Medicaid. …
for access to social security and pensions. We include a measure of social security eligibility, …

… As for the channels we emphasize as affecting retirement behavior, the importance of …
How social security and medicare affect retirement behavior in a world of incomplete markets. …