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Gustman, Alan L.; Steinmeier, Thomas L. – Industrial and Labor Relations Review, 1991
A simulation of the effects of proposed changes in Social Security rules (elimination of the Retirement Earnings Test and an increase in the Delayed Retirement Credit) for men working after retirement age demonstrated a rise in long-run costs by $43 billion in taxes and an increase of only 3.5 percent in the supply of older workers. (Author/SK)
Descriptors: Costs, Federal Legislation, Income, Labor Supply