Arbeitspapier
Salience and social security benefits
We study the effect of salience in the social security benefit system on labor earnings by exploiting kinks and notches in budget lines introduced by earnings testing and social security accrual mechanisms for 67-69 year old workers in Norway. An earnings test had large effects on labor earnings, while an accrual system discontinuity had no discernible effects. We interpret the difference as likely to be caused by a lack of salience in the accrual incentives: agents are not able or willing to take into account the value of future benefit increases when considering the relevant rewards to working.
- Language
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Englisch
- Bibliographic citation
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Series: Memorandum ; No. 13/2015
- Classification
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Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Social Security and Public Pensions
- Subject
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labor supply
retirement earnings test
social security wealth
difference-in-differences
- Event
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Geistige Schöpfung
- (who)
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Brinch, Christian N.
Hernæs, Erik
Jia, Zhiyang
- Event
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Veröffentlichung
- (who)
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University of Oslo, Department of Economics
- (where)
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Oslo
- (when)
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2015
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Brinch, Christian N.
- Hernæs, Erik
- Jia, Zhiyang
- University of Oslo, Department of Economics
Time of origin
- 2015
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