“How Have Teacher Pensions Changed since the Great Recession?” by Richard W. Johnson and Erald Kolasi (February 2020, .pdf and HTML format, 17p.).
www.urban.org/research/publication/how-have-teacher-pensions-changed-great-recession
“How Have Teacher Pensions Changed since the Great Recession?” by Richard W. Johnson and Erald Kolasi (February 2020, .pdf and HTML format, 17p.).
www.urban.org/research/publication/how-have-teacher-pensions-changed-great-recession
Links to an abstract are available. For full text availability check your organization’s library.
A. “Socioeconomic Decline and Death: Midlife Impacts of Graduating in a Recession,” by Hannes Schwandt and Till M. von Wachter (w26638, January 2020, .pdf format, 67p.).
B. “How Are Employers Responding to an Aging Workforce?” by Robert L. Clark and Beth M. Ritter (w26633, January 2020, .pdf format, 28p.).
C. “Dynastic Precautionary Savings,” by Corina Boar (w26635, January 2020, .pdf format, 78p.).
A. “Financial Distress among the Elderly: Bankruptcy Reform and the Financial Crisis,” by Wenli Li and Michelle J. White (WP2019-11, May 2019, .pdf format, 28p.). Note: Links to the abstract and the full text of this paper available at:
repository.upenn.edu/prc_papers/533/
B. “Mortgage Foreclosures and Older Americans: A Decade after the Great Recession,” by Lori A. Trawinski (WP2019-12, May 2019, .pdf format, 16p.). Note: Links to the abstract and the full text of this paper available at:
repository.upenn.edu/prc_papers/534/
C. “Paying it Back: Real-World Debt Service Trends and Implications for Retirement Planning,” by Anne Lester, Katherine Santiago, Je Oh, Livia Wu, and Ekaterina Chegaeva (WP2019-13, May 2019, .pdf format, 26p.). Note: Links to the abstract and the full text of this paper available at:
repository.upenn.edu/prc_papers/535/
D. “Is Rising Household Debt Affecting Retirement Decisions?” by Barbara A. Butrica and Nadia S. Karamcheva (WP2019-14, May 2019, .pdf format, 47p.). Note: Links to the abstract and the full text of this paper available at:
Links to an abstract are available. For full text availability check your organization’s library.
A. “Annuity Pricing in Public Pension Plans: Importance of Interest Rates,” by Nino Abashidze, Robert L. Clark, Beth Ritter, and David Vanderweide (w25343, December 2018, .pdf format, 37p.).
B. “The Effects of Medicare Advantage on Opioid Use,” by Laurence C. Baker, Kate Bundorf, and Daniel Kessler (w25327, December 2018, .pdf format, 28p.).
C. “The Long-run Impact of New Medical Ideas on Cancer Survival and Mortality,” by Frank R. Lichtenberg (w25328, December 2018, .pdf format, 19p.).
D. “Two Hundred Years of Health and Medical Care: The Importance of Medical Care for Life Expectancy Gains,” by Maryaline Catillon, David Cutler, and Thomas Getzen (w25330, December 2018, .pdf format, 56p.).
E. “The Effect of Economic Conditions on the Disability Insurance Program: Evidence from the Great Recession,” by Nicole Maestas, Kathleen J. Mullen, and Alexander Strand (w25338, December 2018, .pdf format, 33p.).
“Mom and Dad We’re Broke, Can You Help? A Comparative Study of Financial Transfers Within Families Before and After the Great Recession,” by Mary K. Hamman, Daniela Hochfellner, and Pia Homrighausen (WP No. 2017-16, November 2017, .pdf format, 36p.). Note: Links to the abstract and the full text of the paper available at:
Links to an abstract are available. For full text availability check your organization’s library.
“Are Recessions Good for Staffing in Nursing Homes?” by R. Tamara Konetzka, Karen B. Lasater, Edward C. Norton, and Rachel M. Werner (w23402, May 2017, .pdf format, 35p.).
Links to an abstract are available. For full text availability check your organization’s library.
A. “A Structural Analysis of the Effects of the Great Recession on Retirement and Working Longer by Members of Two-Earner Households,” by Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai (w22984, December 2016, .pdf format, 71p.).
B. “The Hidden Resources of Women Working Longer: Evidence from Linked Survey-Administrative Data,” by C. Adam Bee and Joshua Mitchell (w22970, December 2016, .pdf format, 40p.).
“Recent trends in US working life expectancy at age 50 by gender, education, and race/ethnicity and the impact of the Great Recession,” by Christian Dudel and Mikko Myrskyla (WP-2016-006, August 2016, .pdf format, 39p.). Note: Links to the abstract and the full text of the paper available at:
A. “The Interconnected Relationships of Health Insurance, Health, and Labor Market Outcomes,” by Matthew S. Rutledge (WP No. 2016-2, July 2016, .pdf format, 42p.). Note: Links to the abstract and the full text of the paper available at:
B. “Labor Force Dynamics in the Great Recession and its Aftermath: Implications for Older Workers,” by Gary Burtless (WP No. 2016-1, July 2016, .pdf format, 51p.). Note: Links to the abstract and the full text of the paper available at:
Today’s Research on Aging (No. 32, November 2015, .pdf format, p.). The title of this issue is “Effects of the Great Recession on Older Americans’ Health and Well-Being,” by Mark Mather.
www.prb.org/Publications/Reports/2015/todays-research-aging-great-recession.aspx
“Informal Care and the Great Recession,” by Joan Costa-i-Font, Martin Karlsson, and Henning Oien (CESifo Working Paper No. 5427, June 2015, .pdf format, 47p.). Note: Links to the abstract and the full text of the paper available at:
www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=19165645
Links to an abstract are available. For full text availability check your organization’s library. “The Great Recession, Retirement and Related Outcomes,” by Alan L. Gustman, Thomas L. Steinmeier, and Nahid Tabatabai (w20960, February 2015, .pdf format, 47p.).
“The Recession’s Impact on Racial and Ethnic Minority Elders: Wealth Loss Differences by Age, Race and Ethnicity,” by Zachary D. Gassoumis (October 2012, .pdf format, 6p.).
A. “Consumer Inertia and Firm Pricing in the Medicare Part D Prescription Drug Insurance Exchange,” by Keith M. Marzilli Ericson (w18359, September 2012, .pdf format, 32p.).
Abstract:
I use the Medicare Part D prescription drug insurance market to examine the dynamics of firm interaction with consumers on an insurance exchange. Enrollment data show that consumers face switching frictions leading to inertia in plan choice, and a regression discontinuity design indicates initial defaults have persistent effects. In the absence of commitment to future prices, theory predicts firms respond to inertia by raising prices on existing enrollees, while introducing cheaper alternative plans. The complete set of enrollment and price data from 2006 through 2010 confirms this prediction: older plans have approximately 10% higher premiums than comparable new plans.
B. “Recessions, Older Workers, and Longevity: How Long Are Recessions Good For Your Health?” by Courtney C. Coile, Phillip B. Levine, and Robin McKnight (w18361, September 2012, .pdf format, 31p.).
Abstract:
This paper examines the impact of exposure to higher unemployment rates in the pre-retirement years on subsequent mortality. Although past research has found that recessions reduce contemporaneous mortality, these short-term effects may reverse over time, particularly for older workers. If workers experience an economic downturn in their late 50s, they may face several years of reduced employment and earnings before ‘retiring’ when they reach Social Security eligibility at age 62. They also may experience lost health insurance, and therefore higher financial barriers to health care, through age 65, when Medicare becomes available. All of these experiences could contribute to weaker long-term health outcomes. To examine these hypotheses, we use Vital Statistics mortality data between 1969 and 2008 to generate age-specific cohort survival probabilities at older ages. We then link these survival probabilities to labor market conditions at earlier ages. We also use data from the 1980-2010 March Current Population Surveys and the 1991-2010 Behavioral Risk Factor Surveillance System surveys to explore potential mechanisms for this health effect. Our results indicate that experiencing a recession in one’s late 50s leads to a reduction in longevity. We also find that this exposure leads to several years of reduced employment, health insurance coverage, and health care utilization which may contribute to the lower long-term likelihood of survival.
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