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Labor Force Entry and Exit of Older Men: A Longitudinal Study
The labor force participation rate of older men under age 65 has shown a significant recent decline. Cross-sectional studies linking early retirement to increased Social Security income have also made explicit or implicit temporal projections of changes in participation in response to changes in benefits. However, use of cross-sectional estimates for projection purposes may run into several problems, including temporal dependence of the participation decision. This paper uses 2-yeardoi:10.3386/w1029 fatcat:ckkn24ff7zgjzole5tl32n3wh4