000			01216nam a22001457a 4500
999			_c527117 _d527117
008			240805b ||||| |||| 00| 0 eng d
100			_aCoyne, David et al _956305
245			_aHousehold labor supply and the value of social security survivors benefits
260			_aThe American Economic Review
300			_a114(5), May, 2024: p.1248-1280
520			_aWe combine quasi-experimental variation in spousal death and age eligibility for survivors benefits using US tax records to study the effects on American households' labor supply and the design of social security's survivors insurance. Benefit eligibility at the exact age of 60 induces sharp reductions in the labor supply of newly widowed households, highlighting the value of survivors benefits and the liquidity they provide following the shock. Among eligible widows, the spousal death event induces no increases in labor supply, suggesting little residual need to self-insure. Using theory, we underscore the program's protective insurance role and its high valuation among survivors.- Reproduced https://www.aeaweb.org/articles?id=10.1257/aer.20190813
773			_aThe American Economic Review
906			_aDOMESTIC LABOUR
942			_cAR