Recent economic research has confirmed the important role of financial incentives in individual retirement decisions. Relatively little attention has been given in this research to non-pecuniary determinants of retirement like health and workplace conditions, however. The primary aim of this project is to incorporate health and workplace conditions in state-of-the-art economic models of retirement in an effort to achieve a broader understanding of the retirement process. An equally important and complementary objective of this project is to develop and analyze readily comparable measures of these non-pecuniary factors in the United States and Europe, taking advantage of recently and soon-to-be-collected cross-nationally comparable data sets. Beyond heightening our understanding of what causes older individuals to retire when they do, this research will address what could be a serious omitted variables problem in existing economic models of retirement. Thus, the significance of the current project lies in a more comprehensive view of the retirement process, made possible by newly collected data in the United States and Europe, as well as in improved estimates of how economic incentives, and hence social pension policies, affect retirement decisions.

Agency
National Institute of Health (NIH)
Institute
National Institute on Aging (NIA)
Type
Research Program Projects (P01)
Project #
5P01AG022481-03
Application #
7258389
Study Section
Special Emphasis Panel (ZAG1)
Project Start
Project End
Budget Start
2006-07-15
Budget End
2007-06-30
Support Year
3
Fiscal Year
2006
Total Cost
$160,602
Indirect Cost
Name
Rand Corporation
Department
Type
DUNS #
006914071
City
Santa Monica
State
CA
Country
United States
Zip Code
90401
Lei, Xiaoyan; Shen, Yan; Smith, James P et al. (2018) Life Satisfaction in China and Consumption and Income Inequalities. Rev Econ Househ 16:75-95
Lei, Xiaoyan; Shen, Yan; Smith, James P et al. (2017) SIBLING GENDER COMPOSITION'S EFFECT ON EDUCATION: EVIDENCE FROM CHINA. J Popul Econ 30:569-590
Vega, Alma; Aguila, Emma (2017) Foreign retirement income among new older immigrants in the United States. Int Migr 55:38-56
Aguila, Emma; Kapteyn, Arie; Perez-Arce, Francisco (2017) Consumption Smoothing and Frequency of Benefit Payments of Cash Transfer Programs. Am Econ Rev 107:430-435
Blanco, Luisa R; Aguila, Emma; Gongora, Arturo et al. (2017) Retirement Planning Among Hispanics: In God's Hands? J Aging Soc Policy 29:311-331
Aguila, Emma; Kapteyn, Arie; Tassot, Caroline (2017) Designing Cash Transfer Programs for an Older Population: The Mexican Case. J Econ Ageing 9:111-121
Aguila, Emma; Guerrero, Erick G; Vega, William A (2016) Sociodemographic characteristics associated with alcohol use among low-income Mexican older adults. Subst Abuse Treat Prev Policy 11:16
Aguila, Emma; Weidmer, Beverly A; Illingworth, Alfonso Rivera et al. (2016) Culturally Competent Informed-Consent Process to Evaluate a Social Policy for Older Persons With Low Literacy: The Mexican Case. Sage Open 6:
Aguila, Emma; Mejia, Nelly; Perez-Arce, Francisco et al. (2016) Costs of Extending the Noncontributory Pension Program for Elderly: The Mexican Case. J Aging Soc Policy 28:325-43
Kim, Jibum; Lee, Yun-Suk; Lee, Jinkook (2016) Living arrangements and suicidal ideation among the Korean older adults. Aging Ment Health 20:1305-1313

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