Wharton Pension Research Council Working Papers
 

Document Type

Working Paper

Date of this Version

7-26-2022

Abstract

We examine how receipt of several major transfer programs changed for individuals age 50-74 during the pandemic recession. Unemployment Insurance and SNAP receipt grew for less educated men and women age 50-61, and both, especially SNAP, provided significant support to those 62 and older. Receipt responded more strongly during the pandemic than during the Great Recession. Medicaid receipt responded much less and little response occurred for the SSI, DI, and social security programs. We provide policy suggestions for reforms of the SSI and DI programs and for safety-net programs in general for greater countercyclical assistance to the older population.

Keywords

aging, transfer programs, Medicaid, unemployment insurance, safety net

JEL Code

J65, I38, I39, J14, I13

Working Paper Number

WP2022-16

Copyright/Permission Statement

All findings, interpretations, and conclusions of this paper represent the views of the authors and not those of the Wharton School or the Pension Research Council. © 2022 Pension Research Council of the Wharton School of the University of Pennsylvania. All rights reserved.

Acknowledgements

The authors thank the editors, Olivia S. Mitchell, David Splinter, and Christopher Wheat for comments, and Shria Holla for research assistance.

WP 2022 - 16 - Moffitt Ziliak Online Appendix.pdf (396 kB)
WP2022 - 16 - Moffitt Ziliak - Online Appendix

Additional Files

WP 2022 - 16 - Moffitt Ziliak Online Appendix.pdf (396 kB)
WP2022 - 16 - Moffitt Ziliak - Online Appendix

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Date Posted: 15 August 2022