2014
The Insurance Role of Household Labor Supply for Older Workers: Preliminary Results
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2013
Health and Wealth In a Lifecycle Model
We develop a model of health investments and consumption over the life cycle where health a°Ëects longevity, provides áow utility, and health and consumption can be complements or substitutes. We solve each householdís dynamic optimization problem using data from the…
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Did Age Discrimination Protections Help Older Workers Weather the Great Recession?
We examine whether stronger age discrimination laws at the state level moderated the impact of the Great Recession on older workers. We use a difference-in-difference-in-differences strategy to compare older workers in states with stronger and weaker laws, to their prime-age…
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Debt and Debt Management among Older Adults
Of particular interest in the present economic environment is whether access to credit is changing peoples’ indebtedness over time, particularly as they approach retirement. This project analyzes older individuals’ debt, debt management practices, and financial fragility using data from the…
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Does Retirement Induced through Social Security Pension Eligibility Influence Subjective Well-being? A Cross-Country Comparison
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Life Expectation Judgments, Fairness, and Loss Aversion in the Psychology of Social Security Claiming Decisions
This research seeks to better understand the psychological processes underlying Social Security claiming decisions. Specifically, we argue that the decision of when to claim Social Security benefits is affected by individuals’ subjective judgments of life expectation as well as psychological…