2013 – Publication Years

Technical Review Panel for the Pension Insurance Modeling System (PIMS): An Overview

June 14, 2018
pensions

Does Retirement Induced through Social Security Pension Eligibility Influence Subjective Well-being? A Cross-Country Comparison

June 14, 2018
Uncategorized

Debt and Debt Management among Older Adults

June 14, 2018
Uncategorized

Of particular interest in the present economic environment is whether access to credit is changing peoples’ indebtedness over time, particularly as they approach retirement. This project analyzes older individuals’ debt, debt management practices, and financial fragility using data from the…

Did Age Discrimination Protections Help Older Workers Weather the Great Recession?

June 14, 2018
Uncategorized

We examine whether stronger age discrimination laws at the state level moderated the impact of the Great Recession on older workers. We use a difference-in-difference-in-differences strategy to compare older workers in states with stronger and weaker laws, to their prime-age…

Health and Wealth In a Lifecycle Model

June 14, 2018
Uncategorized

We develop a model of health investments and consumption over the life cycle where health a°Ëects longevity, provides áow utility, and health and consumption can be complements or substitutes. We solve each householdís dynamic optimization problem using data from the…

Representativeness of the Low-Income Population in the Health and Retirement Study

June 14, 2018
Health and Retirement Study, Medicaid, Supplemental Security Income

Representativeness of the Low-Income Population in the Health and Retirement Study

June 14, 2018
Health and Retirement Study, Medicaid, Supplemental Security Income

We study to what extent the Health and Retirement Study (HRS) is representative of all income groups, but with a particular emphasis on low-income groups. To focus on the HRS sample composition and abstract from potential measurement issues associated with…

Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

June 14, 2018
Life-cycle model

Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

June 14, 2018
Life-cycle model

We evaluate lifecycle consumption and portfolio allocation patterns resulting from access to Guaranteed Minimum Withdrawal Benefit (GMWB) variable annuities, one of the most rapidly-growing financial innovations over the last two decades. A key feature of these products is that they…

Trends in the Composition and Outcomes of Young Social Security Disability Awardees

June 14, 2018
Disability, Disability insurance, Supplemental Security Income