University of Michigan Retirement Research Center Research Paper Series最新文献

How Well Can Medicare Records Identify Seniors with Cognitive Impairment Needing Assistance with Financial Management? 医疗保险记录如何识别需要财务管理帮助的认知障碍老年人?

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2018-10-01 DOI: 10.2139/ssrn.3338016

D. Weir, K. Langa

{"title":"How Well Can Medicare Records Identify Seniors with Cognitive Impairment Needing Assistance with Financial Management?","authors":"D. Weir, K. Langa","doi":"10.2139/ssrn.3338016","DOIUrl":"https://doi.org/10.2139/ssrn.3338016","url":null,"abstract":"Aging countries should have an interest in policies to assist older beneficiaries in managing finances when there is a need. This project investigated the value of Medicare records as a guide to identifying persons with cognitive impairment in need of assistance with financial management. It used data from the Health and Retirement Study (HRS) on persons 65 and older, who consented to linkage to Medicare records at a rate of approximately 90 percent. Sampling weights were adjusted to account for linkage rates. The HRS survey data provided direct evidence on cognitive impairment and difficulty managing finances. The Medicare records are an imperfect guide to cognitive impairment as a medical diagnosis. About 40 percent of persons with impairment consistent with dementia are not identified in Medicare, and about 40 percent of persons with a diagnosis in Medicare records do not have impairment that severe. The records are even worse as a guide to who perceives or is perceived by others as needing assistance with financial management. Outside of institutional settings, Medicare records identify fewer than half the people needing assistance with financial management, and point to a substantial number of people who say they do not. The use of Medicare records alone to identify older beneficiaries in need of assistance with financial management would lead to substantial errors in coverage.","PeriodicalId":164882,"journal":{"name":"University of Michigan Retirement Research Center Research Paper Series","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124402441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Intergenerational Altruism and Transfers of Time and Money: A Life-Cycle Perspective 代际利他主义与时间和金钱的转移:一个生命周期的视角

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2018-04-01 DOI: 10.2139/ssrn.3216029

Uta Bolt, Eric French, Jamie Hentall-MacCuish, C. O'Dea

引用次数: 7

Exploring the Risks and Consequences of Elder Fraud Victimization: Evidence from the Health and Retirement Study 探索老年欺诈受害的风险和后果:来自健康和退休研究的证据

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2017-12-01 DOI: 10.2139/SSRN.3124952

Marguerite DeLiema, M. Deevy, A. Lusardi, O. Mitchell

{"title":"Exploring the Risks and Consequences of Elder Fraud Victimization: Evidence from the Health and Retirement Study","authors":"Marguerite DeLiema, M. Deevy, A. Lusardi, O. Mitchell","doi":"10.2139/SSRN.3124952","DOIUrl":"https://doi.org/10.2139/SSRN.3124952","url":null,"abstract":"This is the first study to use longitudinal data to explore both the antecedents and consequences of fraud victimization in the older population. Because older persons are close to or past the peak of their wealth accumulation, they are often the targets of fraud. This paper reports on analysis of the Leave Behind Questionnaires (LBQs) fielded on Health and Retirement Study (HRS) respondents over three survey waves in 2008, 2010, and 2012. We evaluate the demographic determinants and risk factors of reporting financial fraud victimization in the survey, and explore whether there are demographic subgroups of older victims. In addition, we examine the financial, physical and psychological consequences of fraud. Overall results suggest that there is no single reliable predictor of fraud victimization across all three LBQ samples. When LBQ responses were pooled across survey years, we found that younger, male, better-educated, and depressed persons reported being defrauded significantly more often. Victimization was associated with lower nonhousing wealth in the combined sample controlling for other factors, but had no measurable impact on cognitive, psychological, or physical health outcomes. Future research should examine predictors and outcomes based on the type of financial fraud experienced and the amount of money lost.","PeriodicalId":164882,"journal":{"name":"University of Michigan Retirement Research Center Research Paper Series","volume":"132 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115521881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

A Note on Resource Testing and Temptation 关于资源测试和诱惑的注解

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2015-11-01 DOI: 10.2139/ssrn.2802766

C. Kumru, J. Piggott, Athanasios C. Thanopoulos

引用次数: 1

Understanding Participation in SSI 了解参与SSI

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2015-01-01 DOI: 10.2139/SSRN.2599541

K. Mcgarry, R. Schoeni

引用次数: 2

Rejection from the Disability Insurance Program and Dependency on Social Support 被残疾保险拒保和依赖社会支持

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2014-09-01 DOI: 10.2139/ssrn.2509364

Susan E. Chen

{"title":"Rejection from the Disability Insurance Program and Dependency on Social Support","authors":"Susan E. Chen","doi":"10.2139/ssrn.2509364","DOIUrl":"https://doi.org/10.2139/ssrn.2509364","url":null,"abstract":"Recent studies find that many workers do not return to the labor force after their applications for Disability Insurance (DI) are denied. It is, therefore, important to understand how this group funds their consumption. This paper uses the Survey of Income and Program Participation linked to administrative data to examine the social support participation behavior of rejected applicants. By following cohorts of individuals from 10 years before to 10 years after filing for DI, this paper shows that rejected DI applicants are at most 10 percent more likely to depend on social support programs than healthy workers. More general models show that at the time of application rejected applicants are 25 percent more likely to depend on social support programs than healthy workers. These effects decrease across time, but up to 10 years after filing, rejected DI applicants are still up to 12 percent more likely to depend on social support programs. These are the same levels of social support participation exhibited by DI beneficiaries. While rejecting more DI applicants may reduce DI outlays, these results suggest that rejected applicants are more likely to depend on other federally funded assistance programs to fund their (very) early retirement.","PeriodicalId":164882,"journal":{"name":"University of Michigan Retirement Research Center Research Paper Series","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116984163","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Insurance Role of Household Labor Supply for Older Workers 家庭劳动力供给对老年职工的保障作用

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2014-09-01 DOI: 10.2139/ssrn.2540649

Yanan Li, Victoria Prowse

引用次数: 1

Have We Finally Achieved Actuarial Fairness of Social Security Retirement Benefits and Will it Last? 我们最终实现了社会保障退休福利的精算公平吗?这种公平会持续下去吗?

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2014-04-01 DOI: 10.2139/ssrn.2523899

Frank W Heiland, N. Yin

{"title":"Have We Finally Achieved Actuarial Fairness of Social Security Retirement Benefits and Will it Last?","authors":"Frank W Heiland, N. Yin","doi":"10.2139/ssrn.2523899","DOIUrl":"https://doi.org/10.2139/ssrn.2523899","url":null,"abstract":"This paper develops a framework to analyze the actuarial adjustments faced by American workers who claim Social Security benefits before or after their Full Retirement Age (FRA). We derive the conditions under which these adjustments are “actuarially fair” (or “neutral”) and develop measures to characterize the devi- ation from the fair form. Fair adjustment schedules are increasing at an increasing rate in take-up age and become flatter as longevity rises. We document that the actuarial fit has improved across generations. Our baseline 3% discount rate scenario estimates that the current schedule deviates from its fair form by less than 1% for average-mortality beneficiaries, compared to 5.1% and 4.0% for male and female beneficiaries in 1980, respectively. The improvement is largely due to the increases in the Delayed Retirement Credit. For men, gains in life expectancy combined with the increase in the FRA also contributed to the improved fit. We predict that the designated increase in the FRA to age 67 will have little effect on the actuarial fit. We investi- gate schedules reflecting (further) increases in the retirement ages, as recommended by the President’s 2010 Fiscal Commission, and propose alternatives. We also discuss results from the analysis of the adjustments to spousal and widow(er) benefits.","PeriodicalId":164882,"journal":{"name":"University of Michigan Retirement Research Center Research Paper Series","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129354766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

Technological Progress and the Earnings of Older Workers 技术进步和老年工人的收入

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2013-10-01 DOI: 10.2139/ssrn.2376418

Y. Gorodnichenko, J. Laitner, Jae Song, Dmitriy Stolyarov

引用次数: 0

Labor Force Transitions at Older Ages: The Roles of Work Environment and Personality 老年劳动力转移:工作环境和个性的作用

University of Michigan Retirement Research Center Research Paper Series Pub Date : 2013-09-30 DOI: 10.2139/ssrn.2376506

M. Angrisani, M. Hurd, Erik Meijer, Andrew M. Parker, S. Rohwedder

{"title":"Labor Force Transitions at Older Ages: The Roles of Work Environment and Personality","authors":"M. Angrisani, M. Hurd, Erik Meijer, Andrew M. Parker, S. Rohwedder","doi":"10.2139/ssrn.2376506","DOIUrl":"https://doi.org/10.2139/ssrn.2376506","url":null,"abstract":"Besides compensation and financial incentives, several other work-related factors may affect individual retirement decisions. Specifically, job characteristics such as autonomy, skill variety, task significance and difficulty, stress and physical demands, peer pressure and relations with co-workers, play a crucial role in determining psychological commitment to work at older ages. While financial preparedness for retirement and health shocks are often cited as main predictors of the choice to exit the labor force, there exists relatively little research documenting the extent to which the work environment itself and its interaction with economic variables influence retirement decisions. We document that job characteristics are associated with labor force transitions at older ages, in particular transitions to retirement and part-time employment. Additionally, we show that while personality traits do not directly drive labor force transitions, the effect of job characteristics on labor supply outcomes varies with the “intensity” of personality traits. We also document that job characteristics themselves are strongly related to personality traits. This suggests that, depending on their personality, individuals may select into specific jobs, whose characteristics ultimately shape their retirement paths.","PeriodicalId":164882,"journal":{"name":"University of Michigan Retirement Research Center Research Paper Series","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125617730","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 15