Continued improvements in life expectancy and fiscal insolvency of public pensions have led to an increase in pension entitlement ages in several countries, but its consequences for subjective well-being are largely unknown. Financial consequences of retirement complicate the estimation of...

In this paper, we compare individual survival curves constructed from objective (actual mortality) and elicited subjective information (probability of survival to a given target age). We develop a methodology to estimate jointly subjective and objective individual- survival curves accounting for...

The effect of job loss on health may play an important role in the development of the SES-health gradient. In this paper, we estimate the effect of job loss on objective measures of physiological dysregulation using longitudinal data from the Health and Re- tirement Study and biomarker measures...

Nous nous intéressons au risque futur de longévité étant donné l'augmentation de l'espérance de vie due au progrès technologique et la hausse de la prévalence de maladies liées à l'obésité et à la sédentarité. Nous utilisons dans un premier temps des techniques de microsimulation...

We use simulation methods to analyze the impacts of certain proposed reforms to improve the coverage of longevity risk. This risk, which may in principle be adequately covered by classic defined-benefit pension plans, has been of particular interest in Quebec for some years now, notably due to...

Nous présentons dans ce document la conception et la structure de COMPAS, un modèle de microsimulation dynamique portant sur l’état et l’utilisation de soins de santé des Québécois. Ce modèle comporte deux dimensions importantes : un composante dynamique, qui permet une évo- lution...

Nous utilisons des méthodes de simulation pour analyser les impacts de certaines propo- sitions de réforme visant à améliorer la couverture du risque de longévité. Ce risque, qui peut en principe être adéquatement couvert par les régimes de retraite classiques à prestations...

Prior studies disagree regarding the effectiveness of financial literacy programs, especially those offered in the workplace. To explain such measurement differences in evaluation and outcomes, we employ a stochastic life cycle model with endogenous financial knowledge accumulation to...