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Synthesis Report: Older Workers Synthesis
Topic Area: Older Workers
Findings:
Although most workforce programs serve older workers, few specifically focus on this population, and research has not evaluated these programs’ impacts.
Studies that examined the impact of broader workforce programs, such as the Workforce Investment Act Dislocated Worker program, did not focus on older workers.
Early retirement among older workers was found to be lower in firms that allow flexible work schedules.
Changes to the Social Security retirement benefits appear to have been able to influence older workers’ decisions regarding whether to stay in the labor force.
Changes in health insurance provision have mixed or small impacts on older workers’ employment outcomes.
Synthesis Report: Behavioral Finance Synthesis: Findings
Topic Area: Behavioral Finance: Retirement
Findings:
People have relatively limited knowledge about saving for retirement and can be induced to save more when provided with additional information.
Making retirement more salient, by having people think of themselves in retirement or providing a target retirement date, can increase intentions to save and alter investment choices.
People can become overwhelmed by the number of investment options they face; when this occurs, they tend to use simple rules to make decisions.
Zhang, T. (2011). Workforce Investment Act training for older workers: Toward a better understanding of older worker needs during the economic recovery (ETA Occasional Paper 2011-10). Washington, DC: U.S. Department of Labor, Employment and Training Administration.
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:Choi, S. (2012). Income tax and older American workers’ job transition into self-employment. Korea and the World Economy, 13(2), 189-214.
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:Camilleri, S. E. (2017). The effect of the Affordable Care Act on labor transitions among older workers. In Three papers on the Affordable Care Act (Doctoral dissertation). North Carolina State University, Raleigh, NC.
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:Neumark, D., & Powers, E. T. (2005). The effect of the SSI program on labor supply: Improved evidence from Social Security administrative files. Social Security Bulletin, 65(3), 45-60.
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:Engelhardt, G. V., & Kumar, A. (2009). The repeal of the retirement earnings test and the labor supply of older men. Journal of Pension Economics & Finance, 8(4), 429-450.
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:Bailey, J. (2014). Who pays the high health costs of older workers? Evidence from prostate cancer screening mandates. Applied Economics, 46(32), 3931-3941. doi:10.1080/00036846.2014.948673
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:- Bell, J. L., Collins, J. W., & Chiou, S. (2019). Effectiveness of a no-cost-to-workers, slip-resistant footwear program for reducing slipping-related injuries in food service workers: a cluster randomized trial. Scandinavian Journal of Work, Environment & Health, 45(2), 194–202.
Study Type: Causal Impact Analysis
Neumark, D., & Button, P. (2014). Did age discrimination protections help older workers weather the Great Recession? Journal of Policy Analysis and Management, 33(4), 566-601. doi:10.1002/pam.21762
Topic Area: Older Workers
Study Type: Causal Impact Analysis
Outcome Effectiveness:
