The role of information for retirement behavior: Evidence based on the stepwise introduction of the Social Security Statement

Journal of Public Economics

Volumn 95, Issue 7-8, 2011, Pages 913-925

  Mastrobuoni, Giovanni ^a  

^a CeRP ^*

Author keywords

Retirement behavior; Retirement expectations; Social Security incentives; Social Security Statements

Indexed keywords

EID: 79955036993     PISSN: 00472727     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jpubeco.2011.01.003     Document Type: Article

References (29)

1. Axtell R.L., Epstein J.M. Coordination in transient social networks. Behavioral Dimensions of Retirement Economics 1999, 161-183. Brookings Institution Press & Russell Sage Foundation. H. Aaron (Ed.).
2. Bernheim D.B. Social Security Benefits: An Empirical Study of Expectations and Realizations. Technical Report 2257 1987, National Bureau of Economic Research, Inc, May.
3. Bernheim D.B., Levin L. Social security and personal saving: an analysis of expectations. The American Economic Review 1989, 2:97-102.
4. Blinder A.S., Gordon R.H., Wise D.E. Reconsidering the work disincentive effects of social security. National Tax Journal 1981, 4:431-442. June.
5. Burtless G. An economic view of retirement. Behavioral Dimensions of Retirement Economics 1999, 7-42. Brookings Institution Press & Russell Sage Foundation. H. Aaron (Ed.).
6. Chan S., Stevens A.H. What you don't know can't help you: pension knowledge and retirement decision-making. The Review of Economics and Statistics 2008, 2:253-266. 04.
7. Chetty R., Looney A., Kroft K. Salience and taxation: theory and evidence. The American Economic Review 2009, 4:1145-1177. September.
8. Coile C., Gruber J. Social security and retirement. Working Papers, Center for Retirement Research at Boston College 2000-11, Center for Retirement Research 2002, October.
9. Coile C.C., Gruber J. Social security incentives for retirement. Themes in the Economics of Aging, Chapter 10 2001, 311-341. University of Chigaco Press. D. Wise (Ed.).
10. Coile C.C., Gruber J. Future social security entitlements and the retirement decision. The Review of Economics and Statistics 2007, 2:232-246. May.
11. Diamond P.A., Gruber J. Social security and retirement in the U.S. Themes in the Economics of Aging 1998, University of Chicago Press, Chicago. J. Gruber, D.A. Wide (Eds.).
12. Gustman A.L., Steinmeier T.L. A structural retirement model of retirement. Econometrica 1986, 3:555-584. May.
13. Gustman A.L., Steinmeier T.L. Imperfect knowledge, retirement and saving. Technical Report 8406 2001, National Bureau of Economic Research, Inc, August.
14. Helman R., Paladino V. Will Americans Ever Become Savers? Issue Brief 268 2004, Employee Benefit Research Institute, April.
15. Jackson H.E. Accounting for social security benefits. Behavioral Public Finance 2005, Russell Sage Foundation.
16. Krueger A., Meyer B. Labor supply effects of social insurance. Handbook of Public Economics 2002, vol. 4. Amsterdam: North-Holland.
17. Liebman J.B., Luttmer E.F., Seif D.G. Labor supply responses to marginal social security benefits: evidence from discontinuities. Journal of Public Economics 2009, 11-12:1208-1223.
18. Lumsdaine R., Stock J.H., Wise D.A. Why are retirement rates so high at age 65?. Advances in the Economics of Aging 1996, 61-82. University of Chicago Press. D.A. Wise (Ed.).
19. Lusardi A., Mitchell O.S. Financial literacy and planning: implications for retirement wellbeing. DNB Working Papers 078 2006, January, Netherlands Central Bank, Research Department, available at. http://www.ideas.repec.org/p/dnb/dnbwpp/078.html.
20. Lusardi A., Mitchell O.S. Baby boomer retirement security: the roles of planning, financial literacy, and housing wealth. Journal of Monetary Economics 2007, 1:205-224. January.
21. Mastrobuoni G. The social security earnings test removal. Money Saved or Money Spent by the Trust Fund? CEPS Working Paper 133 2006, Princeton University, August.
22. Mastrobuoni G. Labor supply effects of the recent social security benefit cuts: empirical estimates using cohort discontinuities. Journal of Public Economics 2009, 11-12:1224-1233.
23. Murphy K.M., Topel R.H. Estimation and inference in two-step econometric models. Journal of Business & Economic Statistics 1985, 4:370-379.
24. O'Donoghue T., Rabin M. Procrastination in preparing for retirement. Behavioral Dimensions of Retirement Economics 1999, 125-156. Brookings Institution Press & Russell Sage Foundation. H. Aaron (Ed.).
25. Panis C., Hurd M., Loughran D., Zissimopoulos J., Haider S., St.Clair P. The EFfects of Changing Social Security Administration's Early Entitlement Age and the Normal Retirement Age. Report for the SSA, RAND 2002.
26. Phelan C., Rust J. How social security and medicare affect retirement behavior in a world of incomplete markets. Econometrica 1997, 4:781-831. July.
27. Samwick A.A. Discount rate heterogeneity and social security reform. Journal of Development Economics 1998, 1:117-146.
28. SSAB he Social Security Statement, How it Can Be Improved. Technical report 2009, Social Security Advisory Board.
29. Stock J.H., Wise D.A. Pensions, the option value of work and retirement. Econometrica 1990, 58(5):1151-1180.