Volume 13 Issue 2 - February 2013
This newsletter features an MRRC paper that analyzes pension-account data collected by the Panel Study of Income Dynamics. Private pensions are an important leg of retirement support in the US, and monitoring all aspects of the changeover from DB to DC plans is essential.
Both the PSID and the Health and Retirement Study datasets are collected at the University of Michigan’s Institute for Social Research -- which is also the home base of the MRRC. With their long panels, both datasets enable researchers to study the entire life cycles of individual households in unprecedented detail. The HRS, which surveys older Americans, benefits enormously from linked Social Security Administration data on annual earnings histories -- available for research on a respondent-accepted, privacy-secured basis. With its enormous data resources, SSA has been on the forefront of supporting scientific research, on a properly secured basis -- often acting in concert with NIA, NIH, NSF and other government agencies.
In the 21st century, data-driven social science research is becoming evermore sophisticated. The MRRC is delighted to be able to participate in these exciting times.