Peter Hudomiet is an associate economist at the RAND Corporation. His research interests include applied econometrics, labor economics, economics of aging and health economics.
Most recently Hudomiet analyzed whether and to what extent psychological factors, such as cognitive ability and personality traits, explain differences in late-in-life work decisions and the timing of retirement; and how differences in labor adjustment costs by detailed occupations contribute to the substantial unemployment rate and turnover differences between skill groups.
Currently, he is conducting research on dementia (prevalence, trends in prevalence, associated costs); retirement (non-traditional retirement paths, cognitive and health barriers to extend working lives, effects of technological change), and on the accuracy of subjective expectations of Americans (mortality expectations, job loss expectations, improving measurement of expectations). Hudomiet has a Ph.D. in economics from the University of Michigan, a MA in economics from the Central European University and a M.Sc. in computer science from the Budapest University of Technology.
Peter Hudomiet and Robert J. Willis, "Estimating Second Order Probability Beliefs from Subjective Survival Data," Decision Analysis, 10(2):152-170, 2013
Peter Hudomiet, Gabor Kezdi and Robert J. Willis, "Stock Market Crash and Expectations of American Households," Journal of Applied Econometrics, 26(3):393-415, 2011