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OverviewThis is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.Growing awareness of real-world shocks including market downturns, health surprises, and labor market readjustment is calling into question the ability of global retirement systems to remain healthy and sustain future retirees. Financial and labor market stresses are shaping how older workers fare as they head into retirement, and how younger workers must prepare financially for their futures. These shocks come on top of long-standing concerns surrounding rising longevity, along with the adequacy and sustainability of public and private benefit systems. This volume explores how these challenges will drive the need for new policy drawing on perspectives of senior and new researchers to the field, as well as exciting new datasets. Full Product DetailsAuthor: Olivia S. Mitchell (International Foundation of Employee Benefit Plans, International Foundation of Employee Benefit Plans) , John Sabelhaus (Non-Resident Senior Fellow, Non-Resident Senior Fellow, Brookings Institution, Washington DC) , Stephen Utkus (Visiting Scholar, Visiting Scholar, University of Pennsylvania and Georgetown University)Publisher: Oxford University Press Imprint: Oxford University Press Dimensions: Width: 16.00cm , Height: 1.80cm , Length: 24.00cm Weight: 0.530kg ISBN: 9780198894131ISBN 10: 0198894139 Pages: 256 Publication Date: 06 February 2024 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of Contents1: Olivia S. Mitchell, John Sabelhaus, and Stephen P. Utkus: Retirement System Resiliency in the Face of Real-World Shocks Part 1: Labor Market Shocks: Scarring the Future? 2: Richard W. Johnson and Karen E. Smith: How Gloomy Is the Retirement Outlook for Millennials? 3: Erika McEntarfer: Older Workers, Retirement, and Macroeconomic Shocks 4: Courtney Coile and Haiyi Zhang: Recessions and Retirement: New Evidence from the COVID-19 Pandemic Part 2: The Changing Financial Environment and Retirement Security 5: John Sabelhaus and Alice Henriques Volz: Wealth Inequality and Retirement Preparedness: A Cross-Cohort Perspective 6: Elena Derby, Lucas Goodman, Kathleen Mackie, and Jacob Mortenson: Changes in Retirement Savings During the COVID Pandemic 7: Lisa J. Dettling, Sarena F. Goodman, and Sarah J. Reber: Saving and Wealth Accumulation among Student Borrowers: Implications for Retirement Preparedness Part 3: Real-World Shocks and Policy Developments 8: Robert A. Moffitt and James P. Ziliak: The Safety Net Response to the COVID-19 Pandemic Recession and the Older Population 9: Glenn Follette and Louise Sheiner: Retirement Security and Health Costs 10: Nicole Maestas and Kathleen J. Mullen: Economic Conditions, the COVID-19 Pandemic Recession, and Implications for Disability Insurance in the United StatesReviewsAuthor InformationOlivia S. Mitchell is the International Foundation of Employee Benefit Plans Professor, and Professor of Insurance/Risk Management and Business Economics/Policy; Executive Director of the Pension Research Council; and Director of the Boettner Center on Pensions and Retirement Research; all at The Wharton School of the University of Pennsylvania. Concurrently Dr. Mitchell serves as a Research Associate at the NBER; Independent Director on the Allspring Funds Boards; Co-Investigator for the Health and Retirement Study at the University of Michigan; and Executive Board Member for the Michigan Retirement Research Center. She also serves on the Academic Advisory Council for the Consumer Finance Institute at the Philadelphia Federal Reserve; and the UNSW Centre for Pensions and Superannuation. She earned her B.A. in Economics from Harvard University, and her M.S. and Ph.D. degrees in Economics from the University of Wisconsin-Madison. John Sabelhaus is a Non-Resident Senior Fellow at the Brookings Institution in Washington DC and Adjunct Research Professor at the University of Michigan. Previously he was a Visiting Scholar at the Washington Center for Equitable Growth and served as Assistant Director in the Division of Research and Statistics at the Board of Governors of the Federal Reserve System. There he oversaw the Microeconomic Surveys and Household and Business Spending sections, including primary responsibility for the Survey of Consumer Finances. He also was a Senior Economist at the Investment Company Institute and Chief of Long Term Modeling at the Congressional Budget Office, where he oversaw the development of an integrated micro/macro model of Social Security and Medicare. Stephen P. Utkus previously worked as an officer and researcher at Vanguard, where he directed retirement security and investor behavior research teams. He is currently a visiting scholar at the University of Pennsylvania and Georgetown University. He received a bachelor's degree from MIT and an MBA from the Wharton School of the University of Pennsylvania. Tab Content 6Author Website:Countries AvailableAll regions |
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