Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support
Author
Abstract
Suggested Citation
Note: AG LS PE
Download full text from publisher
Other versions of this item:
- Gustman, Alan L. & Steinmeier, Thomas L. & Tabatabai, Nahid, 2014. "Mismeasurement of pensions before and after retirement: the mystery of the disappearing pensions with implications for the importance of Social Security as a source of retirement support," Journal of Pension Economics and Finance, Cambridge University Press, vol. 13(1), pages 1-26, January.
- Alan L. Gustman & Thomas L. Steinmeier & Nahid Tabatabai, 2013. "Mismeasurement of Pensions Before and After Retirement: The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement Support," Working Papers wp268, University of Michigan, Michigan Retirement Research Center.
References listed on IDEAS
- Poterba, James M. & Venti, Steven F. & Wise, David A., 2011.
"The Drawdown of Personal Retirement Assets,"
Working Paper Series
rwp11-006, Harvard University, John F. Kennedy School of Government.
- Wise, David Alsgaard & Poterba, James M. & Venti, Steven F., 2011. "The Drawdown of Personal Retirement Assets," Scholarly Articles 4677548, Harvard Kennedy School of Government.
- James M. Poterba & Steven F. Venti & David A. Wise, 2011. "The Drawdown of Personal Retirement Assets," NBER Working Papers 16675, National Bureau of Economic Research, Inc.
- Irena Dushi & Marjorie Honig, 2008. "How Much Do Respondents in the Health and Retirement Study Know About Their Tax-deferred Contribution Plans? A Crosscohort Comparison," Working Papers wp201, University of Michigan, Michigan Retirement Research Center.
- Gustman, Alan L. & Steinmeier, Thomas L., 1999.
"Effects of pensions on savings: analysis with data from the health and retirement study,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 271-324, June.
- Alan L. Gustman & Thomas L. Steinmeier, 1998. "Effects of Pensions on Saving: Analysis with Data from the Health and Retirement Study," NBER Working Papers 6681, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Axel Börsch-Supan & Tabea Bucher-Koenen & Michela Coppola & Bettina Lamla, 2015.
"Savings In Times Of Demographic Change: Lessons From The German Experience,"
Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 807-829, September.
- Börsch-Supan, Axel & Bucher-Koenen, Tabea & Coppola, Michela & Lamla, Bettina, 2014. "Savings in Times of Demographic Change: Lessons from the German Experience," MEA discussion paper series 201418, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Alan Gustman & Thomas Steinmeier & Nahid Tabatabai, 2016.
"Distributional Effects of Means Testing Social Security: Income Versus Wealth,"
Working Papers
id:11111, eSocialSciences.
- Alan Gustman & Thomas Steinmeier & Nahid Tabatabai, 2016. "Distributional Effects of Means Testing Social Security: Income Versus Wealth," NBER Working Papers 22424, National Bureau of Economic Research, Inc.
- Adam Bee & Irena Dushi & Joshua Mitchell & Brad Trenkamp, 2024. "Measuring Income of the Aged in Household Surveys: Evidence from Linked Administrative Records," Working Papers 24-32, Center for Economic Studies, U.S. Census Bureau.
- Alan L. Gustman & Thomas L. Steinmeier & Nahid Tabatabai, 2014. "The Great Recession, Decline and Rebound in Household Wealth for the Near Retirement Population," NBER Working Papers 20584, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Annamaria Lusardi & Olivia S. Mitchell, 2008.
"Planning and Financial Literacy: How Do Women Fare?,"
American Economic Review, American Economic Association, vol. 98(2), pages 413-417, May.
- Annamaria Lusardi, 2006. "Planning and Financial Literacy: How Do Women Fare?," Working Papers wp136, University of Michigan, Michigan Retirement Research Center.
- Annamaria Lusardi & Olivia S. Mitchell, 2008. "Planning and Financial Literacy: How Do Women Fare?," NBER Working Papers 13750, National Bureau of Economic Research, Inc.
- Annamaria Lusardi & Olivia S. Mitchell, 2008. "Planning and Financial Literacy: How Do Women Fare?," CeRP Working Papers 72, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Lusardi, Annamaria & Mitchell, Olivia S., 2008. "Planning and financial literacy: How do women fare?," CFS Working Paper Series 2008/03, Center for Financial Studies (CFS).
- Hugo Benitez-Silva & Moshe Buchinsky & John Rust & Emine Boz & Joseph B. Nichols & Sharbani Roy & Ignez Tristao, 2005. "Health Status, Insurance, and Expenditures in the Transition from Work to Retirement," Department of Economics Working Papers 05-11, Stony Brook University, Department of Economics.
- Facundo Piguillem & Guillermo Ordonez, 2015.
"Retirement in the Shadow (Banking),"
2015 Meeting Papers
1200, Society for Economic Dynamics.
- Guillermo Ordoñez & Facundo Piguillem, 2019. "Retirement in the Shadow (Banking)," NBER Working Papers 26337, National Bureau of Economic Research, Inc.
- Piguillem, Facundo & Ordoñez, Guillermo, 2018. "Retirement in the Shadow (Banking)," CEPR Discussion Papers 13144, C.E.P.R. Discussion Papers.
- Guillermo Ordoñez & Facundo Piguillem, 2017. "Retirement in the Shadow (Banking)," EIEF Working Papers Series 1714, Einaudi Institute for Economics and Finance (EIEF), revised Dec 2017.
- Blau, David M., 2011. "Pensions, Household Saving, and Welfare: A Dynamic Analysis," IZA Discussion Papers 5554, Institute of Labor Economics (IZA).
- Shiller, Robert J., 1999.
"Social security and institutions for intergenerational, intragenerational, and international risk-sharing,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 165-204, June.
- Robert J. Shiller, 1998. "Social Security and Institutions for Intergenerational, Intragenerational and International Risk Sharing," Cowles Foundation Discussion Papers 1185, Cowles Foundation for Research in Economics, Yale University.
- Robert J. Shiller, 1998. "Social Security and Institutions for Intergenerational, Intragenerational, and International Risk Sharing," NBER Working Papers 6641, National Bureau of Economic Research, Inc.
- Robert J. Shiller, 1998. "Social Security and Institutions for Intergenerational, Intragenerational, and International Risk Sharing," JCPR Working Papers 43, Northwestern University/University of Chicago Joint Center for Poverty Research.
- Benítez-Silva, Hugo & Eren, Selçuk & Heiland, Frank & Jiménez-Martín, Sergi, 2015.
"How well do individuals predict the selling prices of their homes?,"
Journal of Housing Economics, Elsevier, vol. 29(C), pages 12-25.
- Hugo Benitez-Silva & Selcuk Eren & Frank Heiland & Sergi Jimenez-Martin, 2007. "How well do Individuals predict the Selling Prices of their Homes?," Department of Economics Working Papers 07-06, Stony Brook University, Department of Economics.
- Hugo Benitez-Silva & Selcuk Eren & Frank Heiland & Sergi Jimenez-Martín, 2009. "How Well Do Individuals Predict the Selling Prices of Their Homes?," Economics Working Paper Archive wp_571, Levy Economics Institute.
- Hugo Benítez-Silva & Selcuk Eren & Frank Heiland & Sergi Jiménez-Martín, 2008. "How well do individuals predict the selling prices of their homes?," Economics Working Papers 1065, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2008.
- Hugo Benítez-Silva & Selcuk Eren & Frank Heiland & Sergi Jiménez-Martín, 2008. "How Well do Individuals Predict the Selling Prices of their Homes?," Working Papers 2008-10, FEDEA.
- Altonji Joseph G & Villanueva Ernesto, 2007.
"The Marginal Propensity to Spend on Adult Children,"
The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-52, February.
- Joseph Altonji & Ernesto Villanueva, 2003. "The marginal propensity to spend on adult children," Economics Working Papers 667, Department of Economics and Business, Universitat Pompeu Fabra.
- Joseph G. Altonji & Ernesto Villanueva, 2003. "The Marginal Propensity to Spend on Adult Children," NBER Working Papers 9811, National Bureau of Economic Research, Inc.
- Joseph G. Altonji & Ernesto Villanueva, 2003. "The Marginal Propensity to Spend on Adult Children," Working Papers 90, Barcelona School of Economics.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2016.
"Savings After Retirement: A Survey,"
Annual Review of Economics, Annual Reviews, vol. 8(1), pages 177-204, October.
- Mariacristina De Nardi & Eric French & John Bailey Jones, 2016. "Savings after Retirement: A Survey," Chicago Fed Letter, Federal Reserve Bank of Chicago.
- Mariacristina De Nardi & Eric French & John B. Jones, 2015. "Savings After Retirement: A Survey," NBER Working Papers 21268, National Bureau of Economic Research, Inc.
- Eric French & John Bailey Jones, 2011.
"The Effects of Health Insurance and Self‐Insurance on Retirement Behavior,"
Econometrica, Econometric Society, vol. 79(3), pages 693-732, May.
- Eric French & John Bailey Jones, 2001. "The effects of health insurance and self-insurance on retirement behavior," Working Paper Series WP-01-19, Federal Reserve Bank of Chicago.
- Eric French & John BaileyJones, 2007. "The Effects of Health Insurance and Self-Insurance on Retirement Behavior," Working Papers wp170, University of Michigan, Michigan Retirement Research Center.
- Eric French and John Jones, 2001. "The Effects of Health Insurance and Self-Insurance on Retirement Behavior," Computing in Economics and Finance 2001 24, Society for Computational Economics.
- Eric French & John Bailey Jones, 2004. "The Effects of Health Insurance and Self-Insurance on Retirement Behavior," Working Papers, Center for Retirement Research at Boston College wp2004-12, Center for Retirement Research, revised Apr 2004.
- John Bailey Jones & Eric French, 2010. "The Effects of Health Insurance and Self-Insurance on Retirement Behavior," Discussion Papers 10-10, University at Albany, SUNY, Department of Economics.
- Erin Cottle Hunt & Frank N. Caliendo, 2022. "Social security and risk sharing: A survey of four decades of economic analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 36(5), pages 1591-1609, December.
- David Love & Lucie Schmidt, 2015. "Comprehensive Wealth of Immigrants and Natives," Working Papers wp328, University of Michigan, Michigan Retirement Research Center.
- Antoine BozioBy & Carl Emmerson & Cormac O’Dea & Gemma Tetlow, 2017.
"Do the rich save more? Evidence from linked survey and administrative data,"
Oxford Economic Papers, Oxford University Press, vol. 69(4), pages 1101-1119.
- Antoine Bozio & Carl Emmerson & Cormac O’dea & Gemma Tetlow, 2017. "Do the rich save more? Evidence from linked survey and administrative data," Post-Print hal-01784357, HAL.
- Antoine Bozio & Carl Emmerson & Cormac O’dea & Gemma Tetlow, 2017. "Do the rich save more? Evidence from linked survey and administrative data," PSE-Ecole d'économie de Paris (Postprint) hal-01784357, HAL.
- Antoine Bozio & Carl Emmerson & Cormac O’dea & Gemma Tetlow, 2017. "Do the rich save more? Evidence from linked survey and administrative data," Institut des Politiques Publiques hal-01784357, HAL.
- James M. Poterba & Steven F. Venti & David A. Wise, 2011.
"Family Status Transitions, Latent Health, and the Post-Retirement Evolution of Assets,"
NBER Chapters, in: Explorations in the Economics of Aging, pages 23-69,
National Bureau of Economic Research, Inc.
- James M. Poterba & Steven F. Venti & David A. Wise, 2010. "Family Status Transitions, Latent Health, and the Post-Retirement Evolution of Assets," NBER Working Papers 15789, National Bureau of Economic Research, Inc.
- Alan L. Gustman & Thomas L. Steinmeier & Nahid Tabatabai, 2013.
"The Social Security Windfall Elimination and Government Pension Offset Provisions for Public Employees in the Health and Retirement Study,"
Working Papers
wp288, University of Michigan, Michigan Retirement Research Center.
- Alan L. Gustman & Thomas L. Steinmeier & Nahid Tabatabai, 2013. "The Social Security Windfall Elimination and Government Pension Offset Provisions for Public Employees in the Health and Retirement Study," NBER Working Papers 19724, National Bureau of Economic Research, Inc.
- Edward N. Wolff, 2005. "Is the Equalizing Effect of Retirement Wealth Wearing Off?," Economics Working Paper Archive wp_420, Levy Economics Institute.
- Marcela Parada-Contzen, 2020. "Crowding-out in savings decisions, portfolio default adoption and home ownership: evidence from the Chilean retirement system," Review of Economics of the Household, Springer, vol. 18(2), pages 543-569, June.
- Rawley Z. Heimer & Kristian Ove R. Myrseth & Raphael S. Schoenle, 2019.
"YOLO: Mortality Beliefs and Household Finance Puzzles,"
Journal of Finance, American Finance Association, vol. 74(6), pages 2957-2996, December.
- Rawley Z. Heimer & Kristian Ove R. Myrseth & Raphael S. Schoenle, 2015. "YOLO: Mortality Beliefs and Household Finance Puzzles," Working Papers 97, Brandeis University, Department of Economics and International Business School.
- Raphael Schoenle & Kristian Ove Myrseth & Rawley Heimer, 2016. "YOLO: Mortality Beliefs and Household Finance Puzzles," 2016 Meeting Papers 661, Society for Economic Dynamics.
- Rawley Heimer & Kristian Ove R. Myrseth & Raphael Schoenle, 2015. "YOLO: Mortality Beliefs and Household Finance Puzzles," Working Papers (Old Series) 15-21, Federal Reserve Bank of Cleveland.
- Annamarie Lusardi & Olivia S. Mitchell, 2005.
"Financial Literacy and Planning: Implications for Retirement Wellbeing,"
Working Papers
wp108, University of Michigan, Michigan Retirement Research Center.
- Annamaria Lusardi & Olivia S. Mitchell, 2011. "Financial Literacy and Planning: Implications for Retirement Wellbeing," NBER Working Papers 17078, National Bureau of Economic Research, Inc.
- Annamaria Lusardi & Olivia S. Mitchell, 2005. "Financial Literacy and Planning: Implications for Retirement Wellbeing," CeRP Working Papers 46, Center for Research on Pensions and Welfare Policies, Turin (Italy).
- Robert Haveman & Karen Holden & Andrei Romanov & Barbara Wolfe, 2007.
"Assessing the maintenance of savings sufficiency over the first decade of retirement,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(4), pages 481-502, August.
- Robert Haveman & Karen Holden & Barbara Wolfe & Andrei Romanov & Robert H. Haveman, 2005. "Assessing the Maintenance of Savings Sufficiency Over the First Decade of Retirement," CESifo Working Paper Series 1567, CESifo.
- Burman, Leonard E. & Coe, Norma B. & Dworsky, Michael & Gale, William G., 2012.
"Effects of Public Policies on the Disposition of Pre-Retirement Lump-Sum Distributions: Rational and Behavioral Influences,"
National Tax Journal, National Tax Association;National Tax Journal, vol. 65(4), pages 863-887, December.
- Burman, L.E. & Coe, N.B. & Dworsky, M. & Gale, W.G., 2008. "Effects of Public Policies on the Disposition of Pre-retirement Lump-Sum Distributions : Rational and Behavioral Influences," Discussion Paper 2008-94, Tilburg University, Center for Economic Research.
- Burman, L.E. & Coe, N.B. & Dworsky, M. & Gale, W.G., 2008. "Effects of Public Policies on the Disposition of Pre-retirement Lump-Sum Distributions : Rational and Behavioral Influences," Other publications TiSEM 01623392-ad2e-4bed-b388-5, Tilburg University, School of Economics and Management.
More about this item
JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2012-12-06 (Economics of Ageing)
- NEP-DEM-2012-12-06 (Demographic Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberwo:18542. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.