Abstract
The Social Security program potentially affects labor supply decisions by altering the wage rate and by creating non-labor retirement income. As a group, married women's wage rates are reduced by relatively high net payroll tax rates. Using a probit procedure to estimate a labor force participation equation with data from the Retirement History Survey, we find that high net payroll tax rates are a labor supply disincentive for many married women, particularly those near retirement age. However, Social Security wealth, the present value of claims to future benefits, does not appear to affect women's labor supply decisions.

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