Is the current mix of tax preferences for employer-sponsored pensions and individual retirement saving in the U ….S. delivering the best possible retirement-preparedness across and within generations? Using data from the triennial Survey of … Consumer Finances for 1989 through 2013, cohort-based analysis of life-cycle trajectories shows that (1) overall retirement …

consumption throughout retirement, taking as given expected lifetimes and current Social Security benefits. We find a median …Dramatic structural changes in the U.S. pension system, along with the impending wave of retiring baby boomers, have … given rise to a broad policy discussion of the adequacy of household retirement wealth. We construct a uniquely …

This paper analyzes executive compensation in a setting where managers may take a costly action to manipulate corporate … compensation. In addition, the model's predictions regarding the changes of earnings management and executive pay in response to …

We analyze the long-run trends in executive compensation using a new panel dataset of top executives in large firms … value of compensation was remarkably flat from the late 1940s to the mid-1970s, highlighting a weak relationship between … compensation and aggregate firm size. While this correlation has changed considerably over the century, the cross …