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We apply the collective consumption model of Browning, Chiappori and Lewbel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...
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Intro -- Contents -- Preface -- Introduction / David A. Wise and Richard Woodbury -- 1. Trends in Pension Cash-Out at Job Change and the Effects on Long-Term Outcomes / Philip Armour, Michael D. Hurd, and Susann Rohwedder -- Comment: James M. Poterba -- 2. Liquidity in Retirement Savings...
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Many analysts have considered whether households approaching retirement age have accumulated enough assets to be well prepared for retirement. In this paper, we shift from studying household finances at the start of the retirement period, an ex ante measure of retirement preparation, to studying...
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The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid...
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