Word: pellechio
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Research associate Anthony J. Pellechio is one of two full-time staff members hired to do his own research. "You hope you're right and that your results might be useful." Pellechio says, "but you can't go on the assumption that they will be used." In his study of the effect of social security on retirement, he notes that a "retirement effect" induces people to retire early or work less to receive more benefits. He says that, although there is a lot of concern about how social security should be financed, "if social security induces people to retire early...
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