UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

The Effect of Part‐Time Work on Wages: Evidence from the Social Security Rules

Aaronson, D; French, E; (2004) The Effect of Part‐Time Work on Wages: Evidence from the Social Security Rules. Journal of Labor Economics , 22 (2) pp. 329-252. 10.1086/381252. Green open access

[img]
Preview
Text
French_381252.pdf

Download (143kB) | Preview

Abstract

This article identifies the part‐time wage effect, using hours variation caused by the social security rules. We show that work hours and wages drop sharply at ages 62 and 65. We argue that the hours decline causes the wage decline, resulting in a 25% wage penalty for men who cut their work week from 40 to 20 hours. However, we find little evidence for such an effect among women. We also show that models that fail to account for the joint determination of hours and wages will understate the labor supply response to a tax change by about 26%.

Type: Article
Title: The Effect of Part‐Time Work on Wages: Evidence from the Social Security Rules
Open access status: An open access version is available from UCL Discovery
DOI: 10.1086/381252
Publisher version: http://dx.doi.org/10.1086/381252
Additional information: Copyright © 2004 by The University of Chicago. All rights reserved.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/1493286
Downloads since deposit
128Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item