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Building Better Retirement Income Models

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  • Christopher Bone
  • Olivia Mitchell

Abstract

U.S. policymakers interested in retirement issues are awakening to the fact that changes in our nation’s retirement income systems are absolutely essential in the years ahead. Predicting and understanding the effect of alternative policy choices require a concerted effort to build powerful retirement models. This paper assesses the state of the art in retirement income research and data and identifies important knowledge gaps that actuaries and economists can strive to fill in the near future. The paper also describes recent collaborative efforts of actuaries, economists, pension sponsors, and government policymakers that may be of interest to pension actuaries and others concerned with retirement issues.

Suggested Citation

  • Christopher Bone & Olivia Mitchell, 1997. "Building Better Retirement Income Models," North American Actuarial Journal, Taylor & Francis Journals, vol. 1(1), pages 1-10.
    • Handle: RePEc:taf:uaajxx:v:1:y:1997:i:1:p:1-10
    DOI: 10.1080/10920277.1997.10595578
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    Cited by:

    1. Peláez Fermoso, Francisco J. & García González, Ana & Gómez García, Jesus Mª., 2012. "Implicaciones del consumo y de la flexibilidad de la oferta laboral en el bienestar de los partícipes de planes de pensiones del Sistema de Empleo/Implications of Consumption and Labor Supply Flexibil," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 30, pages 1069(22.)-1, Diciembre.

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