Now showing items 11-20 of 50
The value of children to parents in the United States
(Kluwer Academic Publishers-Human Sciences Press; Human Sciences Press ; Springer Science+Business Media, 1978-06)
Social Security, Retirement and Wealth: Theory and Implications
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2003-06)
The effect of Social Security rules on the age people choose to retire can be critical in evaluating proposed changes to those rules. This research derives a theory of retirement that views retirement as a special type ...
Labor Supply Responses to Social Security.
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2003-06)
Economists’ most basic model for studying Social Security policy issues is the so-called life-cycle model of saving behavior. This paper sets up a life-cycle model in which a household simultaneously chooses its lifetime ...
Who Becomes a Stockholder? Expectations, Subjective Uncertainty, and Asset Allocation
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2003-04)
We develop a model of portfolio selection with subjective uncertainty and learning in order to explain why some people hold stocks while others don’t. We model heterogeneity in information directly, which is an alternative ...
From sweet potatoes to God Almighty: Roy Rappaport on being a hedgehog
(American Ethnologist, 2007-08)
Recognized as a principle figure in ecological anthropology, Roy Rappaport is best known for Pigs for the Ancestors (1968). His work in the anthropology of religion has received less attention. Least acknowledged is ...
Medicare Gaps and Widow Poverty
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2003-12)
Several categories of medical expenditures are not covered by Medicare, including prescription drugs, most nursing home stays, and extended hospital visits. Out-of-pocket costs for these items can be substantial, and ...
Wealth Accumulation in the U.S.: Do Inheritances and Bequests Play a Significant Role?
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2001-11)
This paper formulates an overlapping generations model with both life-cycle saving and altruistic bequests. For a given distribution of earning abilities, the model generates a stationary steady-state capital-to-labor ratio ...
Russia Faces Depopulation? Dynamics of Population Decline
(Kluwer Academic Publishers-Plenum Publishers; Human Sciences Press, Inc. ; Springer Science+Business Media, 2002-05)
Between 1992 and 1993 Russia's population declined, as it has in every succeeding year. This has been viewed as a population disaster, related to high adult male mortality and deterioration of the health care system. Some ...
Transition Paths and Social Security Reform
(Michigan Retirement Research Center, University of Michigan, P.O. Box 1248, Ann Arbor, MI 48104, 2002-06)
Immigration, Welfare Magnets and the Geography of Child Poverty in the United States
(Kluwer Academic Publishers-Plenum Publishers; Human Sciences Press, Inc. ; Springer Science+Business Media, 1997-09)
This study presents a detailed look at the immigration and internal migration dynamics of child poverty for US States based on the 1990 US census. It assesses the impact of two policy-relevant factors on the migration of ...