UM10-21: Explaining the Growth in Social Security Benefits among the Retirement Age Population
Social Security wealth represents almost one-third of the total wealth of the Health and Retirement Study’s (early boomer) cohort aged 51 to 56 in 2004. It grew by over 50 percent in real terms over the period 1992 to 2004.…
UM10-22: Financial Capability in the United States: Consumer Decision-Making and the Role of Social Security
This project will analyze new data from the 2009 U.S. Treasury/FINRA Financial Capability Survey. This survey provides new and unique information to assess how American households make financial decisions, how they fare in current economic conditions, and in what ways…
UM10-23: The Joint Decision Making of Married Couples and the Social Security Pension System
The current OASI program redistributes resources from high-wage workers to low-wage workers, and from two-earner couples to one-earner couples. However, previous dynamic general equilibrium analyses of Social Security mostly assume 'unisex' individuals, to alleviate complexities in modeling, and they do…
UM10-24: Earnings Growth as a Predictor of Mortality with an Application to Immigrant Mortality
This project measures how earnings growth (measured by changes in earnings over various periods in the life cycle) affects mortality. Previous research has found inconsistent results regarding the effects of levels of education and income on mortality. We hypothesize that…