2002 – Publication Years

The Effects of Subjective Survival on Retirement and Social Security Claiming

June 14, 2018
benefit claiming, Life-cycle model, Retirement, Social Security

Stochastic Rates of Return for Social Security Under Various Policy Scenarios

June 14, 2018
Retirement, Social Security

Marriage, Divorce, and the Work and Earning Careers of Spouses

June 14, 2018
Family dynamics

The Economic Consequences of Widowhood

June 14, 2018
Family dynamics, Health and Retirement Study

We analyzed the economic consequences of a husband’s death using events that occurred between the first two waves of the HRS and AHEAD studies. We compared poverty transitions against published results from Social Security’s Retirement History Survey of the 1970s.…

Dropping Out of Social Security

June 14, 2018
International, Social Security

The liability facing a pay-as-you-go social security system can be calculated in several ways. The exact liability measure chosen can significantly affect the conversion of a public pay-as-you-go system to a system based on individually funded accounts. Most conversions, including…

Applications, Denials, and Appeals for Social Security Disability Insurance

June 14, 2018
Disability, Disability insurance, Labor force participation, Older workers, Social Security

This project explores the process by which older workers apply for, and are awarded, Social Security Disability Insurance (DI) benefits. Our focus is on how and whether DI serves as a path out of the labor market at older ages.…

How Exits from the Labor Force or Death Impact Household Incomes: A Four Country Comparison of Public and Private Income Support

June 14, 2018
Health, International, Labor force participation

Government policies attempt to mitigate the economic risks to households of major life transitions. This paper focuses on two such transitions that social security systems typically insure against—long term exits from the labor market (retirement, disability, unemployment insurance) and the…

Chances are…Stochastic Forecasts of the Social Security Trust Fund and Attempts to Save it

June 14, 2018
Retirement, Social Security

The Effects of Subjective Survival on Retirement and Social Security Claiming

June 14, 2018
benefit claiming, Life-cycle model, Retirement, Social Security

This research examines the relationship between mortality risk and retirement, and mortality risk and the propensity to take early and reduced Social Security benefits. The main theory for understanding saving behavior is the life-cycle model (LCH). The LCH, however, can…

Modeling the Macroeconomic Implications of Social Security Reform

June 14, 2018
Social Security reform