Showing 1 - 10 of 209
This study examines retirement outcomes in the first four waves of the 1992-1998 Health and Retirement Study. Measured … in the 1969-1979 Retirement History Survey is reduced from 18 percentage point to 11 percentage points in the Health and … retirement differs with the definition of retirement used and among various groups analyzed. Twenty-two percent of the sample …
Persistent link: https://www.econbiz.de/10014147078
addressed using the new Health and Retirement Survey (HRS). Unique features of the survey are described including administrative … are indicators of retirement plans, health status, family structure, income, wealth and employer policies affecting job …This paper highlights unanswered research questions in the economics of retirement, and shows how these issues can be …
Persistent link: https://www.econbiz.de/10014033866
This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of … substantial amounts of wealth for retirement. We find it is frequently difficult to distinguish empirically between models with … the two types of preferences on the basis of asset accumulation paths or consumption paths around the period of retirement …
Persistent link: https://www.econbiz.de/10010574351
This paper examines the composition and distribution of total wealth for a cohort of 51 to 61 year olds from the Health … and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread … average for this cohort on the verge of retirement. When pensions and social security are included, wealth accumulated by the …
Persistent link: https://www.econbiz.de/10014181830
state retirement of men. Work incentives associated with pension coverage and plan characteristics are calculated primarily … from the 1969-79 Retirement History Study and the 1983 and 1989 Surveys of Consumer Finances. Simulations with a structural … retirement model suggest that the long-run effects of changes in pension plans and social security account for about a quarter of …
Persistent link: https://www.econbiz.de/10014182211
Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth …Together, pensions, social security and health insurance account for half of the wealth held by all households in the …
Persistent link: https://www.econbiz.de/10014043164
Retirement Study? This article uses household wealth and labor market data from the Health and Retirement Study (HRS …) to investigate how the recent "Great Recession" has affected the wealth and retirement of those approaching retirement … age as the recession began, a potentially vulnerable population. The retirement wealth of people aged 53–58 in 2006 …
Persistent link: https://www.econbiz.de/10014164011
A structural econometric model of retirement of married couples is specified and estimated with recent panel data from … spouse, and perhaps husbands in particular, values retirement more once their spouse has retired. The opportunity set … accounts for peaks in the retirement hazards of each spouse, but coordination in opportunities is not responsible for …
Persistent link: https://www.econbiz.de/10014116070
A structural life cycle model of retirement and wealth attributes retirement peaks at both ages 62 and 65 to Social … Security early entitlement age to 64 induces 5 percent of the population to delay retiring, shifting the retirement spike from …
Persistent link: https://www.econbiz.de/10014028096
Health and Retirement Study. The model posits that lifetime expected utility is constrained by an asset accumulation equation …. This paper simulates the retirement effects of the various elements of the proposals made by the President's Commission …. Simulations are based on a structural dynamic model of retirement and saving, estimated with data from the first five waves of the …
Persistent link: https://www.econbiz.de/10014028129