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In 1998, the Social Security Administration established the Retirement Research Consortium to encourage research on topics related to Social Security and the well-being of older Americans, and to foster communication between the academic and policy communities. The Michigan Retirement Research...
Persistent link: https://www.econbiz.de/10012841709
According to the life-cycle model, mortality risk will influence both retirement and the desire to annuitize wealth. The authors estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security benefits because delayed claiming is equivalent to the...
Persistent link: https://www.econbiz.de/10005729495
According to the life-cycle model, mortality risk will influence both retirement and the desire to annuitize wealth. We estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security benefits because delayed claiming is equivalent to the purchase of...
Persistent link: https://www.econbiz.de/10005714016
including employer accomodation to older workers, and financial aspects such as pensions and health care insurance. Using data …
Persistent link: https://www.econbiz.de/10005714866
chosen. A survey of institutional arrangements such as pensions and Social Security and of normal business practices …
Persistent link: https://www.econbiz.de/10005718044
We define and estimate measures of economic preparation for retirement based on a complete inventory of economic resources while taking into account the risk of living to advanced old age and the risk of high out-of-pocket spending for health care services. We ask whether, in a sample of 66-69...
Persistent link: https://www.econbiz.de/10009151252
The authors define and estimate measures of economic preparation for retirement based on a complete inventory of economic resources while taking into account the risk of living to advanced old age and the risk of high out-of-pocket spending for health care services. They ask whether, in a sample...
Persistent link: https://www.econbiz.de/10014177378
We study whether individuals with different personality traits systematically exhibit different retirement trajectories. We find weak direct associations between personality and employment transitions. On the other hand, personality does contribute indirectly to these transitions by moderating...
Persistent link: https://www.econbiz.de/10012898368
This paper reviews and analyzes forecasts of the Social Security trust funds, government spending, medical expenditures, and other elements of aggregate income and spending. According to these forecasts, the aging of the U.S. population will require some increases in taxes to support the...
Persistent link: https://www.econbiz.de/10005718833
countries. Finally, they study the relationship between wealth accumulation and the generosity of public pensions in more detail …
Persistent link: https://www.econbiz.de/10005545490