This paper explores the utility of two prominent psychological variables - cognitive ability and personality - as predictors, while also substantially expanding the detail with which retirement pathways can be characterized.
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Recent Labor & Population Releases
Fertility, Gender Preference, the Birth Planning Policy and Life Satisfaction in China March 14, 2018
Investigation of Birth Planning Policy effect on parity-specific birth continuation probabilities and parental life satisfaction as a function of the numbers and gender composition of children both before and after the implementation of the BPP.
Fertility Behaviors in South Korea and Their Association with Ultrasound Prenatal Sex Screening March 14, 2018
Using the 1985, 1995, and 2005 Korean Censuses, we find significant period effects suggesting that sex ratios at birth became unnaturally imbalanced when ultrasound technology became available..
Cognitive Ability and Retirement Decision Making March 13, 2018
Examines the relative roles of cognitive ability and financial literacy, and decline in cognitive ability, in influencing retirement-related financial behaviors, such as retirement saving and the decumulation of wealth.
Crises Beyond Belief: Findings on contagion, the role of beliefs, and the Eurozone debt crisis from a borrower lender game March 6, 2018
Presents a borrower-lender game with sequential moves and imperfect information, to discuss the potential for contagion through debt and trade channels while highlighting the role of beliefs.
Impact of Divorce on Retirement Security March 5, 2018
Considers the implications of divorce on retirement security.
The Safety Nest: A Model of Family Coresidence March 1, 2018
Uses linked sibling data from the 1979 National Longitudinal Survey of Youth (NLSY79) to investigate the presence of a relationship between young adult and elderly coresidence within families.
Distinguishing the Ratio Bias from Unsystematic Error: Situation and Individual-difference Effects February 9, 2018
Research that tries to distinguish ratio bias, implying greater perceived likelihood with gambles involving larger versus smaller numbers, from unsystematic error, which results from not seeing the equivalence of the presentations more generally.
To inform efforts aimed at improving employment rates and earnings potential for ex-offenders, RAND researchers examined employer preferences of policy options designed to incentivize employment of individuals with felony criminal records
Taking the Biggest First: Age Differences in Preferences for Monetary and Hedonic Sequences January 30, 2018
We built from the literature to conduct an exploratory study of age differences in sequence preferences. Our findings show that older adults preferred to take the biggest event first.