2016 | MRDRC

Project

2016

The Effects of Health on the Labor Supply of Older Workers

This project aims to estimate the long-lasting effects of health on labor supply and whether the duration of poor health episodes matters. Prolonged poor health may reinforce labor supply responses by keeping individuals out of work for longer, affecting productivity...

Authors: Eric French, Richard Blundell, Monica Costa Dias, Jack Britton,

Project

2016

Working Conditions and Sustainable Work at Older Ages: An International Perspective

This project will compare U.S. and Eurozone working conditions associated with workers’ ability to remain employed, commonly referred to as work sustainability. Building on prior MRRC funded research, we use harmonized data on working conditions and subjective...

Authors: Nicole Maestas, Kathleen J. Mullen, Jeffrey Wenger,

Project

2016

The Effects of Means-Tested Minimum Old-Age Benefits in Poverty Rates and Well-Being: Studying the 2008 Chilean Pension Reforms

Chile initiated in 1981 a privately managed individual-account pension system that inspired similar reforms in many Latin American countries and that has been considered as a possible model for the Social Security in the United States. After 30 years in place, the...

Authors: Italo Lopez Garcia, Andres Otero Correa,

Project

2016

Literature Review: Lifetime consequences of early and mid-life access to health insurance

While there has been much debate about the coverage effects of health policy, there has been surprisingly little discussion about what it means for population health and labor market outcomes. We will conduct a systematic literature review to document existing...

Authors: Julie Zissimopoulos, Etienne Gaudette, Gwyn Pauley,

Project

2016

Joint analysis of the long-run interest rate, productivity growth, and demographics in the U.S. and the global economy

The U.S. economy has experienced a decade of slow productivity growth and three decades of falling real interest rates. Some recent economic analyses suggest that these changes may represent long-term trends. This raises the question of how to incorporate this...

Authors: Dmitriy Stolyarov,

Project

2016

Financial Security Research Symposium

A symposium on 09/07/2016 at the U.S. Department of the Treasury with panels of researchers addressing a number of key elements comprising financial security – including financial preparedness, understanding of Social Security, other savings and assets, and...

Authors: John Laitner,

Project

2016

Examining the Relationship between Caregiving and Work

There has been much concern over the provision of long-term care and the stresses it imposes on the family members who provide that care. In this study, we draw on 20 years of data from the Health and Retirement Study to investigate the effect of caregiving on the...

Authors: Kathleen McGarry, Sean Fahle,

Project

2016

Job Demands and Job Sustainability Over the Life Course

The first step to understanding the link between job demands and job sustainability for older workers is understanding if older workers face different physical and mental job demands and have different abilities and preferences for work than their younger selves. This...

Authors: Nicole Maestas, Kathleen J. Mullen, Jeffrey Wenger,

Project

2016

The Effect of Social Security Information on the Labor Supply of Older Americans

Starting in the 1990s, SSA began automatic mailings of a statement with personalized projections and estimates as to Social Security benefit eligibility and amount. Although previous research has examined the impact of being sent this statement on retirement benefit...

Authors: Philip Armour, Michael Lovenheim,

Project

2016

Issue Brief: Occupational Differences in Rates of Cognitive Decline

This research brief will use rich longitudinal data on occupations and cognitive functioning to describe differences in rates of age-related cognitive decline across broad occupational categories. This is a useful first step in elucidating the potential role that...

Authors: Amanda Sonnega, Brooke Helppie McFall,

Project

2016

Cohort Changes in Social Security Benefits and Pension Wealth

The Health and Retirement Study creates the potential to follow changes in retirement preparation through the introduction of new cohorts every six years. The most recent addition in 2010 also included an expansion of the minority sample. This new 2010 cohort...

Authors: David Weir, Charles Brown, Chichun Fang,

Project

2016

How Home Equity Extraction and Reverse Mortgages Affect the Financial Well-Being of Senior Households

This analysis examines how home equity extraction, including but not limited to equity extracted through reverse mortgages, affected the financial well-being of seniors both during and after the Great Recession. Using a panel dataset of credit records, as well as...

Authors: Maximilian Schmeiser, Stephanie Moulton, Donald Haurin,

Project

2016

The Impact of Unemployment and Re-Employment on Household Consumption Measured at High Frequency over a Six-Year Period

This research will extend previous work into the effects of economic shocks and unemployment on household consumption (and thus welfare). The new work will use greater sample sizes, additional years of data, and a more complete measure of spending to reveal the...

Authors: Michael Hurd, Susann Rohwedder,

Project

2016

Time Discounting and Economic Decisionmaking Among the Elderly

The authors have designed and fielded an experimental module in the 2014 HRS, which seeks to measure time-discounting among the elderly. This research project will explore the extent of heterogeneity in time discounting among the elderly and its role in explaining...

Authors: Olivia S. Mitchell, Raimond H. Maurer, David Huffman,

Project

2016

Health Reform and Health Insurance Coverage among Early Retirees

Financial security is a significant and well-documented benefit of health insurance. Beginning in 2014, the Affordable Care Act (ACA) made new health insurance options available to individuals without access to affordable employer-sponsored coverage. This coverage may...

Authors: Helen Levy, Thomas Buchmueller, Sayeh Nikpay,

Project

2016

Adjusting the Payroll Tax to Promote Longer Careers

This project will attempt to assess qualitatively and quantitatively a reform that has been suggested to encourage longer careers. The reform is a payroll tax cut targeted at older, near-retirement households. We are interested in the likely effect on labor force...

Authors: John Laitner, Daniel Silverman,

Project

2016

The Affordable Care Act as Retiree Health Insurance: Implications for Retirement and Social Security Claiming

Using four HRS cohorts, we will apply descriptive and multivariate techniques to document the relationships among retirement, Social Security benefit claiming, retiree health insurance and relevant covariates. All will be placed into historical context. Once the...

Authors: Thomas L. Steinmeier, Alan Gustman, Nahid Tabatabai,

Project

2016

Occupational Transitions Among Older Workers

Understanding how and why people exit the labor force at older ages bears importantly on our ability to develop salutary retirement policy. Little is known, however, about the relationship between occupational transitions, job skills and demands, and work decisions....

Authors: Amanda Sonnega, Robert J. Willis, Brooke Helppie McFall,

Project

2016

Do State Age Discrimination Protections Reduce Hiring Discrimination Against Older Workers?

State age discrimination protections stronger than the federal Age Discrimination in Employment Act may help older workers extend their work lives. This project builds on a large-scale resume correspondence study that is already designed and in the field, which...

Authors: David Neumark,

Project

2016

Older People’s Willingness to Delay Social Security Claiming

The authors have designed and fielded an experimental module in the 2014 HRS which seeks to measure older persons’ willingness to voluntarily defer claiming of Social Security benefits. In addition we will evaluate the stated willingness of older individuals to...

Authors: Olivia S. Mitchell, Raimond H. Maurer,

Project Year: 2016

The Effects of Health on the Labor Supply of Older Workers

Working Conditions and Sustainable Work at Older Ages: An International Perspective

The Effects of Means-Tested Minimum Old-Age Benefits in Poverty Rates and Well-Being: Studying the 2008 Chilean Pension Reforms

Literature Review: Lifetime consequences of early and mid-life access to health insurance

Joint analysis of the long-run interest rate, productivity growth, and demographics in the U.S. and the global economy

Financial Security Research Symposium

Examining the Relationship between Caregiving and Work

Job Demands and Job Sustainability Over the Life Course

The Effect of Social Security Information on the Labor Supply of Older Americans

Issue Brief: Occupational Differences in Rates of Cognitive Decline

Cohort Changes in Social Security Benefits and Pension Wealth

How Home Equity Extraction and Reverse Mortgages Affect the Financial Well-Being of Senior Households

The Impact of Unemployment and Re-Employment on Household Consumption Measured at High Frequency over a Six-Year Period

Time Discounting and Economic Decisionmaking Among the Elderly

Health Reform and Health Insurance Coverage among Early Retirees

Adjusting the Payroll Tax to Promote Longer Careers

The Affordable Care Act as Retiree Health Insurance: Implications for Retirement and Social Security Claiming

Occupational Transitions Among Older Workers

Do State Age Discrimination Protections Reduce Hiring Discrimination Against Older Workers?

Older People’s Willingness to Delay Social Security Claiming

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