Social Security changes could boost older men's workforce participation by 5%.
The study looked at how older men's work habits have changed over time and how Social Security policies have influenced these changes. By analyzing data from different generations, the researchers found that policy changes like retirement age adjustments and earnings tests have a big impact on how long older men stay in the workforce. They discovered that delaying retirement age doesn't really affect older workers, but getting rid of the earnings test and reducing retirement benefits could make more older men keep working.