A structural retirement model

AL Gustman, TL Steinmeier - 1983 - nber.org
The model analyzed here constrains most work on the main job to be full time. Partial retirement
requires a job change and a wage reduction.Estimates of utility function parameters and …

Retirement in dual-career families: a structural model

AL Gustman, TL Steinmeier - Journal of Labor economics, 2000 - journals.uchicago.edu
A structural econometric model of retirement of dual‐career couples is specified and estimated
with panel data from the National Longitudinal Survey of Mature Women. A coincidence …

The social security early entitlement age in a structural model of retirement and wealth

AL Gustman, TL Steinmeier - Journal of public Economics, 2005 - Elsevier
A structural life cycle model of retirement and wealth attributes retirement peaks at both ages
62 and 65 to Social Security rules and wide heterogeneity in time preferences. Those with …

Effects of pensions on savings: analysis with data from the health and retirement study

AL Gustman, TL Steinmeier - … -Rochester conference series on public policy, 1999 - Elsevier
This paper examines the composition and distribution of total wealth for a cohort of 51- to 61-year
olds from the Health and Retirement Study (HRS), and the role of pensions in forming …

The role of pensions in the labor market: A survey of the literature

AL Gustman, OS Mitchell, TL Steinmeier - ILR Review, 1994 - journals.sagepub.com
Because employer-sponsored group pension plans entail agreements between workers
and their employers explicitly linking future payment and employment, they offer an unusual …

What people don't know about their pensions and social security: an analysis using linked data from the Health and Retirement Study

AL Gustman, TL Steinmeier - 1999 - nber.org
Pension plan descriptions from respondents to the 1992 Health and Retirement Study are
compared with descriptions obtained from their employers. Earnings histories reported by …

Partial retirement and the analysis of retirement behavior

AL Gustman, TL Steinmeier - ILR Review, 1984 - journals.sagepub.com
The authors estimate a retirement equation with multiple outcome categories to show, first,
that self-reported partial retirement is relatively common among white males aged 58 to 69, …

Social security, pensions and retirement behaviour within the family

AL Gustman, TL Steinmeier - Journal of Applied Econometrics, 2004 - Wiley Online Library
This paper estimates a structural model of family retirement using US data from the Health
and Retirement Study (HRS). It provides further insight into household retirement decision …

Financial knowledge and financial literacy at the household level

AL Gustman, TL Steinmeier, N Tabatabai - American Economic Review, 2012 - aeaweb.org
There is evidence of a relation between numeracy and wealth held outside of pensions and
Social Security. With pensions and Social Security accounting for half of wealth at retirement…

Pension portability and labor mobility: Evidence from the survey of income and program participation

AL Gustman, TL Steinmeier - Journal of Public Economics, 1993 - Elsevier
The evidence presented in this paper casts doubt on the proposition that pension backloading
is responsible for the low job mobility rates observed for pension covered workers. It …