Real-World Shocks and Retirement System Resiliency (Pension Research Council Series)

Mitchell, Olivia S. (EDT)/ Sabelhaus, John (EDT)/ Utkus, Stephen (EDT)

Oxford University Press（2024/02発売）

• 製本 Hardcover:ハードカバー版／ページ数 256 p.
• 言語 ENG
• 商品コード 9780198894131

Full Description

This 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.

Contents

1: 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 States