Peter Hudomiet

Photo of Peter Hudomiet
Associate 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 associate 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

  • Forecasting Mortality by Socioeconomic Status and Implications for Social Security Benefits, Year 2
  • Relationship between Well-being and Progression of Cognitive Impairment to Dementia
  • The Cognitive Demands of Work and the Length of Working Life: The Case of Computerization
  • Health and Economic Status in Older Populations
  • Dementia Prevalence over Time: Proximate Causes and Consequences

Selected Publications

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, "The Relationship Between Lifetime Out-of-pocket Medical Expenditures, Dementia, and Socioeconomic Status in the U.S.," The Journal of the Economics of Aging, 14( 100181), 2019

Peer 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, Andrew Parker and Susann Rohwedder, "Cognitive Ability, Personality, and Pathways to Retirement: An Exploratory Study," Work, Aging and Retirement, 4(1), 2018

Amanda Sonnega, Brooke Helppie-McFal, Peter Hudomiet, Robert J. Willis, Gwen Fisher, "A Comparison of Subjective and Objective Job Demands and Fit With Personal Resources as Predictors of Retirement Timing in a National U.S. Sample,", 4(1), 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

Publications