After a long decline, the Labor Force Participation Rate (LFPR) of older men in the United States leveled off in the 1980s, and began to increase in the late 1990s. We examine how changes in Social Security rules affected these trends. We attribute only a small portion of the decline from the 1960s-80s to the increasing generosity of Social…

Tests the relationship between unemployment insurance and the duration of unemployment. Replicates an earlier finding that a larger replacement ratio is associated with significantly longer unemployment but finds that this relationship disappears when the sample used to estimate the model is redefined. (SK)