This grant provides continued support for a fellowship program by the National Bureau of Economic Research (NBER), which supports young economics scholars whose research focuses on issues relating to the labor market for aging workers. Fellowships are awarded for a single year, with a review at the end of the first year and a second-year of funding available but conditioned on satisfactory progress in the first year. The annual selection process includes a broadly disseminated call for proposals that is sent to an extensive list of U.S. Ph.D.-granting economics departments, to researchers who are members of the Society of Labor Economists, and to researchers affiliated with the NBER research programs in Aging, Labor Studies, and Public Economics. Applications are then reviewed by a panel of experts on labor economics, aging, and public finance. Fellows are selected based on the panel’s evaluation of their potential to make important contributions to understanding the determinants and consequences of labor market activity at older ages. Funds from this grant will support three cohorts of four doctoral students beginning with the 2016-17 academic year.