The loss of health insurance may be an important component of the cost of retirement, especially for workers without retiree health insurance coverage. The authors find that insurance costs significantly reduce retirement rates for full-time wage and salary workers ages 51 to 61. Simulations...

The loss of health insurance may be an important component of the cost of retirement, especially for workers without retiree health insurance coverage. The authors find that insurance costs significantly reduce retirement rates for full-time wage and salary workers ages 51 to 61. Simulations...

In dynamic microsimulation models, the process of determining who marries whom in the annual marriage market has important implications for numerous other processes modeled. There are two broad methodologies used in most microsimulation models to match individuals with each other–a stable...

The risk of significant climate change caused by greenhouse gas emissions is currently one of the largest environmental and economic issues facing policymakers in the United States and around the world. Carbon dioxide (CO2) is one of the most prevalent greenhouse gases released into the...

This paper describes contributions to employer-sponsored retirement accounts, using newly available longitudinal data that combine administrative earnings records with survey data. The results reveal a fair amount of individual variability in contribution rates over time. However, potential...

This study examines Social Security claiming behavior, which has important implications for older Americans and for the system itself. Retireees may begin collecting benefits as early as age 62, but early claimants receive lower monthly benefits for the rest of their lives. Our data come from...