%0 Report %D 2020 %T Occupations and Work at Older Ages: Varied Responses to Policy %A Lindsay Jacobs %K health %K Labor Supply %K OASDI %K Older workers %K Retirement %X There are a number of differences between individuals in “blue-collar” and “white-collar” occupations in the timing of retirement, savings, Social Security OASI claiming ages, and SSDI applications. This paper presents descriptive evidence of these differences and develops and estimates the parameters of a model of later-life labor supply, savings, and Social Security OASDI behavior. The model accounts for a number of differences across blue- and white-collar workers in particular and is then used to predict behavior and measure welfare under the counterfactual policy scenarios of increases in the Early Retirement and Full Retirement Ages for claiming Social Security benefits. I find that increasing the Early Retirement Age has large labor supply and disutility effects for blue-collar workers, and results in greater SSDI application for this group. This is driven primarily by those in blue-collar occupations experiencing more steeply declining productivity with age and less margin on which to respond to policy changes. Increasing the Full Retirement Age affects the labor supply of white-collar but not blue-collar workers. It does, however, increase the savings somewhat for the latter group. %B The Center for Financial Security's Working Papers %I University of Wisconsin-Madison %C Madison %G eng %U https://cfsrdrc.wisc.edu/files/research-briefs/WI19_02_Jacobs_FinalPaper_11.22.19.pdf