TY - JOUR T1 - Future Social Security Entitlements and the Retirement Decision JF - Review of Economics and Statistics Y1 - 2007 A1 - Courtney Coile A1 - Gruber, Jonathan KW - Employment and Labor Force KW - Methodology KW - Public Policy KW - Retirement Planning and Satisfaction KW - Social Security AB - A critical question for Social Security policy is how program incentives affect retirement behavior. We use the Health and Retirement Survey (HRS) to examine the impact of Social Security incentives on male retirement. We implement forward-looking models whereby individuals consider the incentives to work in all future years. We find that forwardlooking incentive measures for Social Security are significant determinants of retirement. We also find that private pension incentives have roughly similar effects. Our findings suggest that Social Security policies that increase the incentives to work at older ages can significantly reduce the labor force exit rate of older workers. PB - 89 VL - 89 IS - 2 U4 - Retirement planning/Labor Supply/Social Security Research/Social Security benefit claiming/Entitlements ER -