Jun 26, 2015
This project established a research network for the harmonization of cross-national studies of aging with the Health and Retirement Study (HRS).
Throughout the world, people are living well beyond traditional retirement ages. Some will suffer from health problems while others will remain in good health and continue to participate in the labor force. RAND Labor and Population research findings and recommendations help improve policies that aim to enhance physical conditions, cognitive functioning, medical care, and financial security of aging populations.
Improving the physical and economic well-being of Americans in the years before and after retirement is a key theme of our work, and is one of the focuses of our Center for the Study of Aging and our Center for Chinese Aging Studies, which have been conducting interdisciplinary cutting-edge research for more than two decades. Work in this area is examining, for example, the lifetime risk of needing long-term care, providing model-based estimates of the viability of long-term care insurance, developing long-term care options for dementia, and examining international differences in health and longevity.
The ability to make sound financial decisions is something that affects individuals over the life course, but it particularly affects the elderly as they move toward retirement. This theme is the focus of work in another of our centers, the Center for Financial and Economic Decision Making, which looks at how people collect information, how they think about risks and rewards, and how well they match their financial decisions to their preferences and interests.
We examine the extent of consumption smoothing between the receipt of benefits by households after the introduction of two non-contributory pension programs in the State of Yucatan, Mexico.
Simulation of means testing benefit schemes showing beneficial effects on poverty and income inequality. Validated with data from a field experiment in Yucatan, Mexico, the simulations provide a good forecast of observed effects in the experiment.
Assesses properties of commonly used estimates of total effects of obesity on mortality and identify consequences of these properties for inferences.
This study explores the influences of retirement planning and saving behavior among urban, low-income, middle-aged and older Hispanics.
Our findings offer new information about the introspective processes associated with an intervention to reduce sunk-cost bias in a decision about project completion.
The author analyzes how unemployment insurance (UI) affects on-the-job search among older workers in the United States, allowing for job insecurity.
Implications for health policy and epidemiological studies on substance use among older adults residing in low-income settings are discussed.
Declining fertility in China has raised concerns about elderly support, especially when public support is inadequate.
This article reviews a non-contributory pension program introduced in Mexico in 2007 that has since expanded greatly.
Presents improved wealth measures for the Health and Retirement Study (HRS), which aim to reduce the effect of observation error on wealth levels and changes in wealth.
Based on subjective survival probability questions in the Health and Retirement Study HRS, we use an econometric model to estimate the determinants of individual-level uncertainty about personal longevity.
This study examines China's aging population.