Assessing knowledge of retirement behavior / Eric A. Hanushek and Nancy L. Maritato, editors ; Panel on Retirement Income Modeling, Committee on National Statistics, Commission on Behavioral and Social Sciences and Education, National Research Council.

Format:

Book

Contributor:

Hanushek, Eric A. (Eric Alan), 1943-

Maritato, Nancy L.

National Research Council (U.S.). Panel on Retirement Income Modeling.

Language:

English

Subjects (All):

Retirement income--United States--Congresses.

Retirement income.

Old age pensions--United States--Congresses.

Old age pensions.

Social security--United States--Congresses.

Social security.

Health insurance--United States--Congresses.

Health insurance.

Retirees--United States--Attitudes--Congresses.

Retirees.

Physical Description:

1 online resource (288 p.)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : National Academy Press, 1996.

Language Note:

English

Summary:

This book brings together in one volume what researchers have learned about workers, employers, and retirees that is important for formulating retirement income policies. As the U.S. population ages, there is increasing uncertainty about the solvency of the Social Security and Medicare systems and the adequacy of private pensions to provide for people's retirement needs. The volume covers such critical behaviors as workers' decisions to retire, people's choices of saving over consumption, and employers' decisions about hiring older workers and providing pension and health care benefits. Also covered are trends in mortality, health status, and health care costs that are key to projecting the likely costs and effects of alternative retirement income security policies and a strategy for combining data and research knowledge into a policy modeling framework.

Contents:

""Assessing Knowledge of Retirement Behavior""; ""Copyright""; ""Preface""; ""Contents""; ""1 Introduction ""; ""INCOME AND WEALTH OF OLDER AMERICAN HOUSEHOLDS""; ""LABOR SUPPLY BEHAVIOR""; ""PERSONAL SAVING BEHAVIOR""; ""EMPLOYER BEHAVIOR""; ""MORTALITY, HEALTH STATUS, AND HEALTH CARE COSTS""; ""A FRAMEWORK FOR ANALYZING RETIREMENT INCOME SECURITY""; ""CONCLUSION""; ""2 Income and Wealth of Older American Households: Modeling Issues for Public Policy Analysis ""; ""CONCEPTUAL OVERVIEW""; ""COMPONENTS OF INCOME AND WEALTH OF OLDER HOUSEHOLDS""; ""Income Distribution Issues""

""MODELS OF INDIVIDUAL AND FIRM BEHAVIOR EXPLAINING RETIREMENT INCOME AND WEALTH""""Income from Earnings Based on Labor Supply Decisions""; ""Savings and Wealth Determination""; ""Life-Cycle Analysis""; ""Precautionary Models of Savings""; ""Bequest Motive""; ""Research Integrating These Motives""; ""Research that Imposes Only Limited Structure""; ""Research Arguing that Full Optimization is Unlikely""; ""Continuing Controversy in the Savings Literature""; ""Pensions and Social Security""; ""At the Level of the Individual""; ""Pension Plan Determination at the Level of the Firm""

""Research on Family Structures and Transfers""""Research on Housing""; ""RECONCILING RESEARCH ON LABOR SUPPLY, SAVINGS, AND PENSIONS""; ""MODELS AND DATA NEEDED TO UNDERSTAND THE INCOMES AND WEALTH OF OLDERAMERICANS""; ""SELECTED POLICIES AFFECTING RETIREMENT INCOMES AND WEALTH""; ""APPENDIX TABLES AND FIGURES""; ""NOTES""; ""REFERENCES""; ""3 Factors Affecting Labor Supply Decisions and Retirement Income ""; ""SUMMARY OF TRENDS""; ""SOCIAL SECURITY""; ""PENSIONS AND WINDOW PLANS""; ""Literature Review and Previous Methodology""; ""What we would like to know""; ""DISABILITY""

""Literature Review and Previous Methodology""""What We Would Like to Know""; ""MEDICARE AND HEALTH INSURANCE""; ""Literature Review and Previous Methodology""; ""What We Would Like to Know""; ""HOURS FLEXIBILITY AND CAREER JOBS""; ""Literature Review and Previous Methodology""; ""What We Would Like to Know""; ""CONCLUSIONS""; ""Expectations""; ""Endogeneity""; ""Uncertainty""; ""Data Issues""; ""Other Concerns""; ""NOTES""; ""REFERENCES""; ""4 Personal Saving Behavior and Retirement Income Modeling: A Research Assessment ""; ""FORECASTING FINANCIAL STATUS: AN ORGANIZING FRAMEWORK""

""Patterns of Wealth Holding for Pre-Retirement Cohorts""""Rates of Return""; ""Age-Specific Patterns of Net Saving""; ""MOTIVES FOR AND MODELS OF PRIVATE SAVING: WHAT DO WE KNOW?""; ""SOCIAL SECURITY AND PRIVATE SAVING""; ""PRIVATE PENSIONS AND SAVING""; ""TARGETED RETIREMENT SAVING ACCOUNTS AND PERSONAL SAVING""; ""Prospective Accumulation in Targeted Saving Accounts""; ""Net Saving Effects""; ""Withdrawal Behavior""; ""HOUSING WEALTH AND OTHER PRIVATE SAVING""; ""CONCLUSION AND FUTURE RESEARCH NEEDS""; ""REFERENCES""; ""5 Retirement Age and Retirement Income: The Role of the Firm ""

""THE AGING WORKER AND THE FIRM""

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

9786610191987

9780309175258

0309175259

9781280191985

1280191988

9780309589536

0309589533

9780585020105

0585020108

OCLC:

923260489