; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Behavior of Male Workers at the End of the Life-Cycle: An Empirical Analysis of States and Controls"; ; "batchuser@example.com"; "Rust, John, 1955-"; "Federal Reserve Bank of Minneapolis"; "J29 - Time Allocation, Work Behavior, and Employment Determination: Other", "J00 - Labor and Demographic Economics: General", "J24 - Human Capital; Skills; Occupational Choice; Labor Productivity"; "This paper estimates the expectations of older male workers in the form of a 130 million element Markov transition probability matrix specifying the joint stochastic process for workers’ income, health, martial and employment status, conditioned on workers’ decisions about labor force participation and collection of Social Security benefits. The estimated transition matrix will be used in subsequent work to estimate the unknown parameters of workers’ utility functions under the assumption that their behavior is governed by the solution to a dynamic programming model. The paper also discusses some of the problems involved in constructing good measures of workers’ states and decisions."^^; "1989-01-01"; "2019-05-21T20:03:04.564838772+00:00"^^; "https://doi.org/10.21034/dp.6"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:47:51 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "682"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "006"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: Wise, D., ed. _Issues in the Economics of Aging_. University of Chicago, 1990."^^; ; "Publication" . ; .