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Women's Income and Marriage Markets in the United States : Evidence from the Civil War Pension
Salisbury, Laura - 2014
an increase in the median time to remarriage of 3.5 years. Among older women and women with children, this effect is … substantially greater. This indicates that women were willing to substitute away from marriage if the alternatives were favorable … enough, suggesting that changes in the desirability of marriage to women may account for some of the aggregate patterns of …
Persistent link: https://www.econbiz.de/10013052690
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Teaching, Teachers Pensions and Retirement Across Recent Cohorts of College Graduate Women
Fitzpatrick, Maria Donovan - 2016
Labor force participation rates of college-educated women ages 60 to 64 increased by 20 percent (10 percentage points …) between 2000 and 2010. One potential explanation for this change stems from the fact that fewer college-educated women in the … more recent cohorts were ever teachers. This occupational shift could affect the length of women's careers because teaching …
Persistent link: https://www.econbiz.de/10012982020
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Insulation of Pensions from Political Risk
Diamond, Peter A. - 2006
There are many sources of political risk to public provision of pensions. This paper analyzes legislation to alter the retirement income system. This approach naturally recognizes that some changes in the system are good responses to social risks, while others generate such risks. Thus the...
Persistent link: https://www.econbiz.de/10012783964
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The Chilean Pension Reform Turns 25 : Lessons from the Social Protection Survey
Arenas de Mesa, Alberto; Bravo, David; Behrman, Jere; … - 2021
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a … paper introduces a recently-developed longitudinal survey of individual respondents in Chile, the Social Protection Survey …
Persistent link: https://www.econbiz.de/10013227060
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Fiscal Limits in Advanced Economies
Leeper, Eric M. - 2011
Aging populations in advanced economies are placing ever-increasing demands on government spending in the form of old-age benefits. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress. Unresolved...
Persistent link: https://www.econbiz.de/10013129132
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The Economics of State and Local Public Pensions
Brown, Jeffrey R. - 2011
This paper provides an overview of an economics-based perspective on the financial aspects of state and local public pensions in the U.S. Drawing on the research commissioned for an NBER research program on this topic, we discuss the large degree to which public pension liabilities exceed the...
Persistent link: https://www.econbiz.de/10013129214
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Targeted Transfers and the Fiscal Response to the Great Recession
Oh, Hyunseung - 2011
Between 2007 and 2009, government expenditures increased rapidly across the OECD countries. While economic research on the impact of government purchases has flourished, in the data, about three quarters of the increase in expenditures in the United States (and more in other countries) was in...
Persistent link: https://www.econbiz.de/10013130263
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How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors
Hastings, Justine S. - 2011
gratification instead of taking advantage of larger long-term payoffs. We use experimental evidence from Chile to explore how these …
Persistent link: https://www.econbiz.de/10013130966
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Behavioral Economics Perspectives on Public Sector Pension Plans
Beshears, John - 2011
We describe the pension plan features of the states and the largest cities and counties in the U.S. Unlike in the private sector, defined benefit (DB) pensions are still the norm in the public sector. However, a few jurisdictions have shifted towards defined contribution (DC) plans as their...
Persistent link: https://www.econbiz.de/10013130979
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The Drawdown of Personal Retirement Assets
Poterba, James M. - 2011
How households draw down their balances in personal retirement accounts (PRAs) such as 401(k) plans and IRAs can have an important effect on retirement income security and on federal income tax revenues. This paper examines the withdrawal behavior of retirement-age households in the SIPP and...
Persistent link: https://www.econbiz.de/10013131664