2017

UM17-16: Causes and Consequences of Financial Mismanagement at Older Ages

The consequences of poor financial capability are serious and include making mistakes with credit, drawing down retirement assets too quickly, and being defrauded by financial predators. Because older persons are close to or past the peak of their wealth accumulation,…

UM17-17: Affordable Care Act and the Post-Displacement Labor Supply among the Near-Elderly

This project will study how the Affordable Care Act (ACA) affects the labor supply of near-elderly, post-displacement workers in the Displaced Workers Survey. Before the ACA, displaced workers who needed health insurance had strong incentives to find jobs (with health…

UM17-18: Parental Transfers to Unemployed Children: Savings, Consumption, and Retirement Effects

The risk of labor-market, health, and asset-value shocks comprise profound challenges for older workers. However, shocks to their children may be a source of additional risk, and hence, an additional challenge for retirement security. In this study, we propose using…

UM17-19: The Implications of Differential Trends in Mortality for Social Security Policy

Recent, highly publicized papers document that for U.S. Whites with low incomes or low educational attainment, adult mortality rates have stagnated for men and increased for women, while the general population continues to enjoy gains in life expectancy. Some have…

UM17-Q1: A Review Comparing Federal and State Means-Tested Programs

This project will present a review of the main means-tested programs in the U.S.: how they operate, common features, and the rules governing eligibility. The emphasis will be on a comparative analysis across programs. The U.S. programs covered will include,…

UM17-Q2: Literature review of characteristics of second-career occupations

This study is a literature review of research related to the characteristics of second careers undertaken after mid-life. There is a significant lack of literature directly on this topic, so we draw substantially from the literatures about retirement, bridge jobs,…

2016

UM16-01: Adjusting the Payroll Tax to Promote Longer Careers

This project will attempt to assess qualitatively and quantitatively a reform that has been suggested to encourage longer careers. The reform is a payroll tax cut targeted at older, near-retirement households. We are interested in the likely effect on labor…

UM16-02: The Affordable Care Act as Retiree Health Insurance: Implications for Retirement and Social Security Claiming

Using four HRS cohorts, we will apply descriptive and multivariate techniques to document the relationships among retirement, Social Security benefit claiming, retiree health insurance and relevant covariates. All will be placed into historical context. Once the background is established for…

UM16-03: Occupational Transitions Among Older Workers

Understanding how and why people exit the labor force at older ages bears importantly on our ability to develop salutary retirement policy. Little is known, however, about the relationship between occupational transitions, job skills and demands, and work decisions. We…

UM16-04: Do State Age Discrimination Protections Reduce Hiring Discrimination Against Older Workers?

State age discrimination protections stronger than the federal Age Discrimination in Employment Act may help older workers extend their work lives. This project builds on a large-scale resume correspondence study that is already designed and in the field, which provides…