Peter Hudomiet

Photo of Peter Hudomiet
Economist
Santa Monica Office

Education

Ph.D. in economics, University of Michigan; M.A. in economics, Central European University; MSc in technical informatics, Budapest University of Technology and Economic

Overview

Peter Hudomiet is an economist at the RAND Corporation. His research interests include applied econometrics, labor economics, economics of aging, and health economics.

Most recently, Hudomiet has published papers about trends in the prevalence of dementia in the United States; subjective and objective job demands at older ages; and the effect of psychological factors and personality traits on retirement outcomes.

Currently, he is conducting research on dementia (prevalence, trends in prevalence, lifetime risks, associated costs); retirement (non-traditional retirement paths, job mismatch, cognitive and health barriers to extend working lives, effects of technological change); and the accuracy of subjective probabilistic expectations (mortality expectations, job loss expectations, improving measurement of subjective expectations). Hudomiet has a Ph.D. in economics from the University of Michigan, an M.A. in economics from the Central European University, and an MSc in computer science from the Budapest University of Technology.

Research Focus

Recent Projects

  • Identifying risk factors for late-life dementia based on job characteristics during the working life”
  • The Lifetime Risk of Spousal Nursing Home Use and its Economic Impact on the Community-Dwelling Spouse
  • Explanations for the Decline in Spending at Older Ages
  • Health and Economic Status in Older Populations
  • Dementia Prevalence over Time: Proximate Causes and Consequences

Selected Publications

Peter Hudomiet, Michael D. Hurd, Susann Rohwedder, "Forecasting Mortality Inequalities in the U.S. Based on Trends in Midlife Health," Journal of Health Economics (forthcoming)

Peter Hudomiet, Michael D. Hurd, Susann Rohwedder, "Trends in Health in Mid- and Late-Life.," Journal of Human Capital (forthcoming)

Peter Hudomiet, Robert J. Willis, "Computerization, Obsolescence and the Length of Working Life," Labour Economics (forthcoming)

Peter Hudomiet, Michael D. Hurd, Susann Rohwedder, "The Age Profile of Life Satisfaction After Age 65 in the U.S.," Journal of Economic Behavior & Organization (forthcoming)

Peter Hudomiet, Michael D. Hurd, Susann Rohwedder, "The Effects of Job Characteristics on Retirement," Journal of Pension Economics and Finance (forthcoming)

Peter Hudomiet, Michael D. Hurd and Susann Rohwedder, "Dementia Prevalence in the United States in 2000 and 2012: Estimates Based on a Nationally Representative Study," The Journals of Gerontology: Social Sciences, 73(S1), 2018

Peter Hudomiet and Robert J. Willis, "Estimating Second Order Probability Beliefs from Subjective Survival Data," Decision Analysis, 10(2), 2013

Peter Hudomiet, Gabor Kezdi and Robert J. Willis, "Stock Market Crash and Expectations of American Households," Journal of Applied Econometrics, 26(3), 2011

Honors & Awards

  • ISR-George Katona Research Award Fund in Economic Behavior, University of Michigan
  • Rackham International Student Fellowship, University of Michigan
  • Academic Pro-Rector’s Excellence Award, Central European University