2007 – Publication Years

Q & A with Purvi Sevak, February 2007

June 14, 2018
Uncategorized

The Responsiveness of Private Savings to Medicaid Long Term Care Policies

June 14, 2018
Health and Retirement Study, Long-term care, Medicaid

This paper examines the extent to which private savings responds to the availability of a social insurance program. We focus on the Medicaid nursing home assistance program and uses variation in state Medicaid policies in the 1960s and 1990s to…

Enhancing the Quality of Data on the Measurement of Income and Wealth

June 14, 2018
Health and Retirement Study

Over the last decade or so, a substantial effort has gone into the design of a series of methodological investigations aimed at enhancing the quality of survey data on income and wealth. These investigations have largely been conducted at the…

Money in Motion: Dynamic Portfolio Choice in Retirement

June 14, 2018
Retirement

Retirees confront the difficult problem of how to manage their money in retirement so as to not outlive their funds while continuing to invest in capital markets. We posit a dynamic utility maximizer who makes both asset location and allocation…

Disability Insurance with Prefunding and Private Participation: the Chilean Model

June 14, 2018
Uncategorized

Many countries have adopted old age systems that include individual accounts—funded, privately managed defined contribution plans. Such a system has been under discussion in the US. It is particularly difficult to figure out how to incorporate disability benefits into a…

Projecting Behavioral Responses to the Next Generation of Retirement Policies

June 14, 2018
Behavioral economics, Health and Retirement Study, Retirement

This paper examines retirement and related behavioral responses to policies that on average are actuarially neutral. Many conventional models predict that actuarially neutral policies will not affect retirement behavior. In contrast, our model allows those with high time preference rates…

Q & A with Olivia S. Mitchell and Annamaria Lusardi, July 2007

June 14, 2018
Uncategorized

Labor Market Status and Transitions During the Pre-Retirement Years: Learning from International Differences

June 14, 2018
International, Labor force participation, Retirement

Many western industrialized countries face strong budgetary pressures due to the aging of the baby boom generations and the general trends toward earlier ages of retirement. The commonality of these problems has the advantage of offering an empirical laboratory for…