“Financial Regret at Older Ages and Longevity Awareness,” by Abigail Hurwitz and Olivia S. Mitchell (WP2022-25, November 2022, .pdf format, 19p.). Note: A link to the abstract and the full-text of this paper is available at:
November 29, 2022
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Paper – November 29, 2022
November 17, 2022
CAAR – Center for Economic Studies/Ifo Institute for Economic Research (CESifo) [Munich, Bavaria, Germany] Working Papers – November 17, 2022
A. “Pension Reform Preferences in Germany: Does Information Matter?” by Jana Schuetz, Silke Uebelmesser, Ronja Baginski, and Carmela Aprea (CESifo Working Paper No. 10072, November 2022, .pdf format, 37p.). Note: A link to the abstract and the full-text of this paper is available at:
B. “Does Mandatory Saving Crowd Out Voluntary Saving? Evidence from a Pension Reform,” by Svend E. Hougaard Jensen, Sigurdur P. Olafsson, Arnaldur Stefansson, Thorsteinn Sigurdur Sveinsson, and Gylfi Zoega (CESifo Working Paper No. 10061, November 2022, .pdf format, 45p.). Note: A link to the abstract and the full-text of this paper is available at:
September 21, 2022
CAAR – National Bureau of Economic Research Working Paper – September 21, 2022
Links to an abstract are available. For full text availability check your organization’s library.
A. “Explanations for the Decline in Spending at Older Ages,” by Susann Rohwedder, Michael D. Hurd, and Péter Hudomiet (w30460, September 2022, .pdf format, 40p.).
B. “Do the Retired Elderly in Europe Decumulate Their Wealth? The Importance of Bequest Motives, Precautionary Saving, Public Pensions, and Homeownership,” by Charles Yuji Horioka and Luigi Ventura (w30470, September 2022, .pdf format, 40p.).
C. “Quantifying and Explaining the Decline in Public-School Teacher Retirement Benefits,” by Nino Abashidze, Robert L. Clark & Lee A. Craig (w30472, September 2022, .pdf format, 57p.).
D. “The Rise of Age-Friendly Jobs,” by Daron Acemoglu, Nicolaj Søndergaard Mühlbach, and Andrew J. Scott (w30463, September 2022, .pdf format, 35p.).
August 29, 2022
CAAR – US Government Accountability Office Report – August 29, 2022
“Retirement Security: Recent Efforts by Other Countries to Expand Plan Coverage and Facilitate Savings,” (GAO-22-105102, August 2022, .pdf format, 47p.).
August 18, 2022
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – August 18, 2022
A. “The Safety Net Response to the Covid-19 Pandemic Recession and the Older Population,” by Robert A. Moffitt and James P. Ziliak (WP2022-16, July 2022, .pdf format, 41p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/735/
B. “Changes in Retirement Savings During the COVID Pandemic,” by Elena Derby, Lucas Goodman, Kathleen Mackie, and Jacob Mortenson (WP2022-17, August 2022, .pdf format, 37p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/736/
C. “Saving and Wealth Accumulation among Student Loan Borrowers: Implications for Retirement Preparedness,” by Lisa J. Dettling, Sarena F. Goodman, and Sarah J. Reber (WP2022-18, August 2022, .pdf format, 53p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/737/
D. “Retirement Security and Health Costs,” by Glenn Follette and Louise Sheiner (WP2022-19, August 2022, .pdf format, 48p.). Note: A link to the abstract and the full-text of this paper is available at:
August 5, 2022
CAAR – AARP Public Policy Institute Brief – August 5, 2022
“Payroll Deduction Retirement Programs Build Economic Security,” by David John, Gary Koenig, and Marissa Malta (July 2022, .pdf format, 2p.).
June 20, 2022
CAAR – UK Office for National Statistics Statistical Bulletin – June 20, 2022
“Saving for retirement in Great Britain: April 2018 to March 2020,” (June 2022, .pdf, Excel, and HTML format, 9p.).
June 15, 2022
CAAR – Pension Institute [UK] Working Paper – June 15, 2022
“Nudges and Networks: How to use Behavioural Economics to Improve the Life Cycles Savings-Consumption Balance,” by David Blake (PI2206, June 2022, .pdf format, 17p.).
www.pensions-institute.org/uncategorized/discussion-paper-2206/
Full text:
May 26, 2022
CAAR – Pew Charitable Trust Issue Brief – May 26, 2022
“Savings Rate Fills Out Picture of Workers Retirement Security,” (May 2022, .pdf and HTML format, 14p.).
April 18, 2022
CAAR – National Bureau of Economic Research Working Papers – April 18, 2022
Links to an abstract are available. For full text availability check your organization’s library.
A. “The Savings Glut of the Old: Population Aging, the Risk Premium, and the Murder-Suicide of the Rentier,” by Joseph Kopecky & Alan M. Taylor (w29944, April 2022, .pdf format, 44p.).
B. “Trends in Retirement and Retirement Income Choices by TIAA Participants: 2000–2018,” by Jeffrey R. Brown, James M. Poterba, and David P. Richardson (w29946, April 2022, .pdf format, 35p.).
March 31, 2022
CAAR – Department of Social Protection [Ireland] Report – March 31, 2022
“The Design Principles for Ireland’s Automatic Enrolment Retirement Savings System,” (March 2022, .pdf format, 47p.). Note: Scroll to the end of the page to access the full-text report.
March 29, 2022
CAAR – US Senate Committee on Health, Education, Labor, and Pensions Hearing Testimony – March 29, 2022
“Rise and Shine: Improving Retirement and Enhancing Savings,” a hearing held March 29, 2022 (witness statements available in .pdf format, video of the full hearing available at the site, running time 1 hour 25 minutes).
www.help.senate.gov/hearings/rise-and-shine-improving-retirement-and-enhancing-savings
March 28, 2022
CAAR – National Bureau of Economic Research Working Papers – March 28, 2022
Links to an abstract are available. For full text availability check your organization’s library.
A. “How do Private Equity Fees vary across Public Pensions?” by Juliane Begenau & Emil Siriwardane (w29887, March 2022, .pdf format, 55p.).
B. “Household Portfolios and Retirement Saving over the Life Cycle,” by Jonathan A. Parker, Antoinette Schoar, Allison T. Cole & Duncan Simester (w29881, March 2022, .pdf format, 60p.).
March 14, 2022
CAAR – National Bureau of Economic Research Working Paper – March 14, 2022
Links to an abstract are available. For full text availability check your organization’s library. “Consumption and Saving after Retirement,” by Bent Jesper Christensen, Malene Kallestrup-Lamb & John Kennan (w29826, March 2022, .pdf format, 31p.). Note: A link to the abstract and the full-text of this paper is available at:
March 4, 2022
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – March 4, 2022
A. “The Early Impacts of Coronavirus Pandemic on Americans’ Economic Security,” by Marco Angrisani, Jeremy Burke, and Arie Kapteyn (WP2022-05, February 2022, .pdf format, 35p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/722/
B. “Overpaying and Undersaving? Correlated Mistakes in Retirement Saving and Health Insurance Choices,” by Adam Leive, Leora Frieberg, and Brent Davis (WP2022-06, February 2022, .pdf format, 78p.). Note: A link to the abstract and the full-text of this paper is available at:
February 23, 2022
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – February 23, 2022
A. “Does financial education in high school affect retirement savings in adulthood?” by Melody Harvey and Carly Urban (WP2022-03, February 2022, .pdf format, 23p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/724/
B. “How the Pandemic Altered Americans’ Debt Burden and Retirement Readiness,” by Andrea Hasler, Annamaria Lusardi, and Olivia S. Mitchell (WP2022-04, February 2022, .pdf format, 27p.). Note: A link to the abstract and the full-text of this paper is available at:
January 28, 2022
CAAR – US Census Bureau Working Paper – January 28, 2022
“A Look at Retirement Readiness: 2013,” by Josephine Lugovskyy and Maria G. Hoffman (WP2021-13, January 2022, .pdf format, 6p.). Note: A link to the abstract and the full-text of this paper is available at:
www.census.gov/library/working-papers/2022/demo/SEHSD-WP2021-13.html
December 15, 2021
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Paper – December 15, 2021
“Sufficient Statistics for Nonlinear Tax Systems with Preference Heterogeneity,” by Antoine Ferey, Benjamin B. Lockwood, and Dmitry Taubinsky (W2021-20, December 2021, .pdf format, 131p.). Note: A link to the abstract and the full-text of this paper is available at:
September 23, 2021
CAAR – Brookings Institution Report – September 23, 2021
“Small retirement accounts: Issues and options,” by David C. John, J. Mark Iwry, Christopher Pulliam, and William G. Gale (September 2021, .pdf and HTML format, 23p.).
www.brookings.edu/research/small-retirement-accounts-issues-and-options/
September 2, 2021
CAAR – Urban Institute Report – September 2, 2021
“How Might Investing in Private Equity Funds Affect Retirement Savings Accounts?” by Damir Cosic, Karen E. Smith, Donald Marron, and Richard W. Johnson (August 2021, .pdf format, 51p.).
August 13, 2021
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – August 13, 2021
A. “ESG and Expected Returns on Equities: The Case of Environmental Ratings,” by Christopher C. Geczy and John B. Guerard, Jr. (WP2021-15, August 2021, .pdf format, 45p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/713/
B. “Sustainable Investment in Retirement Plans: Introduction,” by Olivia S. Mitchell, P. Brett Hammond, and Raimond Maurer (WP2021-14, July 2021, .pdf format, 17p.). Note: A link to the abstract and the full-text of this paper is available at:
July 15, 2021
CAAR – US Senate Special Committee on Aging Hearing Testimony – July 15, 2021
“Building Wealth and Fostering Independence: Creating Opportunities to Save,” a hearing held July 15, 2021 (witness statements available in .pdf format, full video available at the site, running time 1 hour 27 minutes). Note: Hearing begins at the :15 mark.
July 12, 2021
CAAR – Federal Reserve Bank of Boston Working Paper – July 12, 2021
“Breaking the Implicit Contract: Using Pension Freezes to Study Lifetime Labor Supply,” By Dhiren Patki (Working Paper 21-7, July 2021, .pdf format, 34p.). Note: A link to the abstract and the full-text of this paper is available at:
June 9, 2021
CAAR – Society of Actuaries Report – June 9, 2021
“Understanding the Impact of the Low Interest Rate Environment on Retirement Security in the United States: A Review of Academic and Practitioner Research,” by Yimeng Yin, Bon Boyd, and Hao Sun (May 2021, .pdf format, 57p.).
www.soa.org/resources/research-reports/2021/low-interest-rate-retirement/
May 25, 2021
CAAR – National Bureau of Economic Research Working Paper – May 25, 2021
Links to an abstract are available. For full text availability check your organization’s library. “Why Do Couples and Singles Save During Retirement?” by Mariacristina De Nardi, Eric French, John Bailey Jones & Rory McGee (w28828, May 2021, .pdf format, 65p.).
May 7, 2021
CAAR – Pew Charitable Trusts Issue Brief – May 7, 2021
“Is the OregonSaves Retirement Program Expensive for Employers,” (May 2021, .pdf and HTML format, 9p.).
May 4, 2021
CAAR – National Bureau of Economic Research Working Paper – May 4, 2021
Links to an abstract are available. For full text availability check your organization’s library. “Fearless Woman: Financial Literacy and Stock Market Participation,” by Tabea Bucher-Koenen, Rob J. Alessie, Annamaria Lusardi & Maarten van Rooij (w28723, April 2021, .pdf format, 55p.).
March 25, 2021
CAAR – Center for Retirement Research at Boston College Issue Brief – March 25, 2021
“Do Smaller Public Employer Pensions Spur More Saving?” by Laura D. Quinby and Geoffrey T. Sanzenbacher (SLP No. 76, March 2021, .pdf and Excel format, 8p.).
crr.bc.edu/briefs/do-smaller-public-employer-pensions-spur-more-saving/
March 18, 2021
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – March 18, 2021
A. “Shoring Up Shortfalls: Women, Retirement and the Growing GigSupp Economy,” by Caroline Lewis Bruckner and Jonathan Barry Forman (WP2021-04, March 2021, .pdf format, 50p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/705/
B. “How do Behavioral Approaches to Increase Savings Compare? Evidence from Multiple Interventions in the U.S. Army,” by Richard W. Patterson and William L. Skimmyhorn (WP2021-05, March 2021, .pdf format, 50p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/703/
February 15, 2021
CAAR – National Bureau of Economic Research Working Papers – February 15, 2021
Links to an abstract are available. For full text availability check your organization’s library.
A. “Getting the Price Right? The Impact of Competitive Bidding in the Medicare Program,” by Hui Ding, Mark Duggan & Amanda Starc (w28457, February 2021, .pdf format, 49p.).
B. “Auto-Enrollment Retirement Plans for the People: Choices and Outcomes in OregonSaves,” by John Chalmers, Olivia S. Mitchell, Jonathan Reuter & Mingli Zhong (w28469, February 2021, .pdf format, 59p.).
February 4, 2021
CAAR – National Bureau of Economic Research Working Papers – February 4, 2021
Links to an abstract are available. For full text availability check your organization’s library.
A. “Workforce Aging, Pension Reforms, and Firm Outcomes,” by Francesca Carta, Francesco D’Amuri & Till M. von Wachter (w28407, January 2021, .pdf format, 55p.).
B. “Is Automatic Enrollment Consistent with a Life Cycle Model?” by Jason Scott, John B. Shoven, Sita Slavov & John G. Watson (w28396, January 2021, .pdf format, 24p.).
C. “Education Gradients in Mortality Trends by Gender and Race,” by Adam A. Leive & Christopher J. Ruhm (w28419, January 2021, .pdf format, 42p.).
January 28, 2021
CAAR – National Bureau of Economic Research Working Papers – January 28, 2021
Links to an abstract are available. For full text availability check your organization’s library.
A. “Longevity Perceptions and Saving Decisions during the COVID-19 Outbreak: An Experimental Investigation,” by Abigail Hurwitz, Olivia S. Mitchell & Orly Sade (w28361, January 2021, .pdf format, 11p.).
B. “Living and Dying in America: An Essay on Deaths of Despair and the Future of Capitalism,” by Christopher J. Ruhm (w28358, January 2021, .pdf format, 37p.).
January 20, 2021
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Paper – January 20, 2021
“Longevity Perceptions and Saving Decisions During the COVID-19 Outbreak: An Experimental Investigation,” by Abigail Hurwitz, Olivia S. Mitchell, and Orly Sade (WP2021-01, January 2021, .pdf format, 10p.). Note: A link to the abstract and the full-text of this paper is available at:
December 7, 2020
CAAR – Institute for Fiscal Studies [UK] Working Papers – December 7, 2020
A. “The impact of house prices on pension saving in early adulthood,” by Rowena Crawford and Polly Simpson (W20/38, December 2020, .pdf format, 34p.). Note: A link to the abstract and the full-text of this paper is available at:
www.ifs.org.uk/publications/15207
B. “How does pension saving change when individuals complete repayment of their mortgage?” by Rowena Crawford (W20/39, December 2020, .pdf format, 20p.). Note: A link to the abstract and the full-text of this paper is available at:
October 19, 2020
CAAR – Center for Retirement Research at Boston College Issue Briefs – October 19, 2020
A. “401(k)/IRA Holdings in 2019: An Update from the SCF,” by Alicia H. Munnell and Anqi Chen (IB No. 20-14, October 2020, .pdf and Excel format, 12p.).
crr.bc.edu/briefs/401k-ira-holdings-in-2019-an-update-from-the-scf/
B. “2020 Public Plan Investment Update and COVID-19 Market Volatility,” by Jean-Pierre Aubry (SLP No. 73, September 2020, .pdf and Excel format, 7p.).
crr.bc.edu/briefs/2020-public-plan-investment-update-and-covid-19-market-volatility/
October 15, 2020
CAAR – Brookings Institution Reports – October 15, 2020
A. “A retirement dashboard for the United States,” by David C. John, Grace Enda, William G. Gale, and J. Mark Iwry (October 2020, .pdf format, 47p.).
www.brookings.edu/research/a-retirement-dashboard-for-the-united-states/
B. “Retirement tontines: Using a classical finance mechanism as an alternative source of retirement income,” by J. Mark Iwry, Claire Haldeman, William G. Gale, and David C. John (October 2020, .pdf format, 40p.).
August 28, 2020
CAAR – US Government Accountability Office Report – August 28, 2020
“Retirement Security: DOL Could Better Inform Divorcing Parties About Dividing Savings,” (GAO-20-541, July 2020, .pdf format, 57p.).
August 13, 2020
CAAR – Urban Institute Report – August 13, 2020
“Accounting for The Benefit of Retirement Saving Incentives in Distribution Tables,” by Eric Toder and Surachai Khitatrakun (August 2020, .pdf format, 17p.).
August 3, 2020
CAAR – AARP Public Policy Institute Report – August 3, 2020
“Facilitating Workplace Emergency Savings Programs Through Payroll Cards,” by Catherine S. Harvey and David C. John (July 2020, .pdf format, 9p.).
www.aarp.org/ppi/info-2020/facilitating-workplace-emergency-savings-programs.html
July 29, 2020
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Papers – July 29, 2020
A. “Auto-Enrollment Retirement Plans for the People: Choices and Outcomes in OregonSaves,” by John Chalmers, Olivia S. Mitchell, Jonathan Reuter, and Mingli Zhong (WP2020-15, July 2020, .pdf format, 26p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/685/
B. “New Financial Instruments for Managing Longevity Risk,” by John Kiff (WP2020-16, July 2020, .pdf format, 42p.). Note: A link to the abstract and the full-text of this paper is available at:
repository.upenn.edu/prc_papers/684/
C. “State-sponsored Pensions for Private Sector Workers: The Case for Pooled Annuities and Tontines,” by Richard K. Fullmer and Jonathan Barry Forman (WP2020-17, July 2020, .pdf format, 55p.). Note: A link to the abstract and the full-text of this paper is available at:
June 24, 2020
CAAR – Federal Reserve Bank of Boston Working Paper – June 24, 2020
“Wealth Distribution and Retirement Preparation among Early Savers Wealth Distribution and Retirement Preparation among Early Savers,” by Lindsay Jacobs, Elizabeth Llanes, Kevin Moore, Jeffrey P. Thompson, and Alice Henriques Volz (Working Paper No. 20-4, June 2020, .pdf format, 52p.). Note: Links to the abstract and the full text of this paper available at:
June 23, 2020
CAAR – Center for Retirement Research at Boston College Issue Brief – June 23, 2020
“How Exposed Are Retirement Savings to Market Risk?” by Anqi Chen and Nilufer Gok (IB No. 2020-10, June 2020, .pdf and Excel format, 9p.).
crr.bc.edu/briefs/how-exposed-are-retirement-savings-to-market-risk/
May 18, 2020
CAAR – Urban Institute Report, Brief – May 18, 2020
A. “Evaluating Connecticut’s Pension Benefits during the Pandemic,” by Richard W. Johnson (May 2020, .pdf and HTML format, 21p.).
www.urban.org/research/publication/evaluating-connecticuts-pension-benefits-during-pandemic
B. “Tax Incentives for Retirement Savings,” by Eric Toder, Surachai Khitatrakun, and Aravind Boddupalli (May 2020, .pdf format, 22p.).
www.urban.org/research/publication/tax-incentives-retirement-savings
May 12, 2020
April 28, 2020
CAAR – National Bureau of Economic Research Working Papers – April 28, 2020
Links to an abstract are available. For full text availability check your organization’s library.
A. “Financial Education Affects Financial Knowledge and Downstream Behaviors,” by Tim Kaiser, Annamaria Lusardi, Lukas Menkhoff, and Carly J. Urban (w27057, April 2020, .pdf format, 39p.).
B. “Demographic Perspectives on Mortality of Covid-19 and Other Epidemics,” by Joshua R. Goldstein and Ronald D. Lee (w24043, April 2020, .pdf format, 17p.).
April 13, 2020
CAAR – National Bureau of Economic Research Working Paper – April 13, 2020
Links to an abstract are available. For full text availability check your organization’s library. “The Wealth Decumulation Behavior of the Retired Elderly in Italy: The Importance of Bequest Motives and Precautionary Saving,” by Luigi Ventura and Charles Yuji Horioka (w26986, April 2020, .pdf format, 36p.).
March 2, 2020
CAAR – National Bureau of Economic Research Working Paper – March 2, 2020
Links to an abstract are available. For full text availability check your organization’s library. “Can Low Retirement Savings Be Rationalized?” by Jason S. Scott, John B. Shoven, Sita N. Slavov, and John G. Watson (w26784, February 2020, .pdf format, 35p.).
February 5, 2020
CAAR – Employee Benefit Research Institute Issue Brief – February 6, 2020
“Retirement Plan Participation and the Current Population Survey: The Impact of New Income Questions on These Estimates,” by Craig Copeland (January 2020, .pdf format, 14p.). Note: NBER requires free registration in order to access full-text content.
January 14, 2020
CAAR – National Bureau of Economic Research Working Papers – January 14, 2020
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.).
January 8, 2020
CAAR – University of Pennsylvania, Wharton School, Pension Research Council Working Paper – January 8, 2020
“Optimal Default Retirement Saving Policies: Theory and Evidence from OregonSaves,” by Mingli Zhong (WP2020-01, January 2020, .pdf format, 54p.). Note: Links to the abstract and the full text of this paper available at: