Aging and Retirement
Rising incomes and medical advances are allowing people throughout the world to live well beyond traditional retirement ages. At the same time, declining birthrates mean that fewer prime-age workers are available to support retirees. The aging of the world's population has profound implications for all aspects of civil society. RAND Labor and Population research and analysis provides the facts necessary to guide the development of informed policy throughout this long-term transition.
RAND Labor and Population is home to some of the world's most distinguished experts on the demography and economics of aging. Their pioneering research — on such topics as the determinants of retirement and disability, consumption and savings behavior, and the role of family and social support systems — is helping decisionmakers to evaluate the effects of alternative policies.
The Effect of Local Labor Demand Conditions on the Labor Supply Outcomes of Older Americans — November 19, 2013
Measures the effects of local labor demand conditions on a host of outcomes for older individuals including employment, retirement, Social Security claiming, wages, and job characteristics.
Harmonized LASI Pilot Data Documentation: Version A — November 19, 2013
Documents the Harmonized Longitudinal Aging Study in India (LASI) file.
Heterogeneity in Spending Change at Retirement — November 1, 2013
The simple one-good model of life-cycle consumption requires that consumption be continuous over retirement; yet prior research based on partial measures of consumption or on synthetic panels indicates that spending drops at retirement, a result that has been called the retirement-consumption puzzle.
Does Disability Insurance Receipt Discourage Work? Using Examiner Assignment to Estimate Causal Effects of SSDI Receipt — August 1, 2013
We present the first causal estimates of the effect of Social Security Disability Insurance benefit receipt on labor supply using all program applicants.
Programas de Pensiones No Contributivas y su Viabilidad Financiera: El Caso de México — July 31, 2013
Analyzes the financial sustainability of the non-contributory pension program for older persons in Mexico.