This paper employs panel estimators with data on the 50 American states for the years 1963 to 2006 to test the relationship between Unemployment Insurance (UI) trust fund solvency and UI benefit generosity. We find that both average and maximum weekly UI benefit amounts, as ratios to the average weekly wage, are higher in states and in years with…

Presents findings on the work disincentives which are expected to be removed by the 1983 Amendments to the Social Security Act. Summarizes evidence on labor market conditions which may encourage early retirement. Discusses implications of this evidence for public policy and for the economic well-being of older Americans. (Author/ABB)

While the Federal Government has been involved in the care of the elderly since the depression, a comprehensive and unified national retirement policy has never been established. Federal programs for the aged have avoided cutbacks, but adaptations in present retirement policy are required to meet the needs of young and old alike. Although public…