A Quarterly Newsletter provides updates on current MRRC projects including recent research findings as well as information about upcoming events and information that may be of interest to the academic and policy communities. Join our mailing list for this publication.

Policy Briefs offer summary and analysis of current issues in Social Security, retirement and pension policy.

Working Papers provide rapid dissemination of MRRC research findings. Many working papers are later published in journals and books. Bound copies of working papers are available on request.

Research Briefs offer concise summaries of key research findings from MRRC projects.

In the Researcher Q&A series our affiliated researchers discuss the findings and implications of their MRRC-supported research.

Conference Papers from the Annual Meeting of the Retirement Research Consortium are available for all presentations.

All MRRC publications may be printed directly from this website.

All Publications


Addition to the RAND HRS Longitudinal Files: IRA Withdrawals in the HRS, 2000 to 2014

WP 2018-388, UM18-Q3

In support of research on the older population, we produced cleaned variables based on data from the Health and Retirement Study (HRS) to capture information on withdrawals from individual retirement accounts (IRAs). Where necessary, imputations for missing values have been…

Assessing Economic Resources in Retirement: The Role of Irregular Withdrawals from Tax-Advantaged Retirement Accounts

WP 2018-387, UM18-Q4

Irregular withdrawals from IRAs and DC pensions are not included in standard measures of household income in the CPS or Health and Retirement Study. Yet, among retirees such withdrawals can supplement regular retirement income to finance consumption. It has been…

Addressing Social Security’s Solvency While Promoting High Labor Force Participation

WP 2018-386, UM18-10

A number of proposals and options to address OASI trust-fund solvency have been suggested in recent years. The present work attempts to examine solvency-promoting reforms from the standpoint of economic efficiency — that is, from the perspective of their effect…

The Decline in the U.S. Labor Force Participation Rate

WP 2018-385, UM18-Q2

After peaking around the year 2000, the Labor Force Participation Rate (LFPR) of Americans declined substantially, falling faster after the financial crisis of 2007. Since 2015, the LFPR has remained at its lowest in four decades. In this paper, we…

Social Security Household Benefits: Measuring Program Knowledge

WP 2018-384, UM18-05

Social Security offers two types of benefits for spouses: spousal and survivor benefits. Regardless of his or her own work history, a married individual can claim spousal Social Security benefits, which are equal to half of his or her spouse’s…

Using Consequence Messaging to Improve Understanding of Social Security

WP 2018-383, UM18-09

In this paper, we developed and evaluated “consequence messaging,” a behaviorally motivated communication strategy in which we used vignettes — video and written stories about hypothetical people — to explain the consequences of decisions. We studied two related areas where…

SeaTE: Subjective ex ante Treatment Effect of Health on Retirement

WP 2018-382, UM17-06

This paper develops an innovative approach to measuring the effect of health on retirement. The approach elicits subjective probabilities of working at specified time horizons fixing health level. Using a treatment-effect framework, within-individual differences in elicited probabilities of working given…

A Meta-Analysis of the Decline in the Labor Force Participation Rate

WP 2018-381, UM18-Q5

This project explores the causes behind the recent decline in the Labor Force Participation (LFP) rate. The analysis examines the evolution of the LFP rate for different demographic groups to gauge the effect of demographic changes. An integral part of…

Shocks and Transitions from Career Jobs to Bridge Jobs and Retirement: A New Approach

WP 2018-380, UM17-04

This research provides new empirical evidence on late-life labor market activities of American households from a new survey implemented under the Vanguard Research Initiative. The survey features following innovations: It measures detailed job characteristics not only of a career job…

Intergenerational Altruism and Transfers of Time and Money: A Life-cycle Perspective

WP 2018-379, UM17-15

Parental investments in children can take one of three broad forms: (1) Time investments during childhood and adolescence that aid child development, and in particular cognitive ability; (2) educational investments that improve school quality and hence educational outcomes; (3) cash…