2016

The Health and Retirement Study creates the potential to follow changes in retirement preparation through the introduction of new cohorts every six years. The most recent addition in 2010 also included an expansion of the minority sample. This new 2010…

This analysis examines how home equity extraction, including but not limited to equity extracted through reverse mortgages, affected the financial well-being of seniors both during and after the Great Recession. Using a panel dataset of credit records, as well as…

This research will extend previous work into the effects of economic shocks and unemployment on household consumption (and thus welfare). The new work will use greater sample sizes, additional years of data, and a more complete measure of spending to…

The authors have designed and fielded an experimental module in the 2014 HRS, which seeks to measure time-discounting among the elderly. This research project will explore the extent of heterogeneity in time discounting among the elderly and its role in…

Financial security is a significant and well-documented benefit of health insurance. Beginning in 2014, the Affordable Care Act (ACA) made new health insurance options available to individuals without access to affordable employer-sponsored coverage. This coverage may be particularly important for…

This project aims to estimate the long-lasting effects of health on labor supply and whether the duration of poor health episodes matters. Prolonged poor health may reinforce labor supply responses by keeping individuals out of work for longer, affecting productivity…

This project will compare U.S. and Eurozone working conditions associated with workers’ ability to remain employed, commonly referred to as work sustainability. Building on prior MRRC funded research, we use harmonized data on working conditions and subjective probabilities of work…

Chile initiated in 1981 a privately managed individual-account pension system that inspired similar reforms in many Latin American countries and that has been considered as a possible model for the Social Security in the United States. After 30 years in…

While there has been much debate about the coverage effects of health policy, there has been surprisingly little discussion about what it means for population health and labor market outcomes. We will conduct a systematic literature review to document existing…

The U.S. economy has experienced a decade of slow productivity growth and three decades of falling real interest rates. Some recent economic analyses suggest that these changes may represent long-term trends. This raises the question of how to incorporate this…