NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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2018 Retirement Research Consortium Meeting


National Press Club, Washington, DC 20045
August 2-3, 2018




PROGRAM

Thursday, August 2nd

8:00-8:30 am COFFEE AND REGISTRATION

8:30-8:45 am WELCOMING REMARKS

MORNING SESSION CHAIR: Jeffrey R. Brown, NBER Retirement Research Center

8:45-10:15 PANEL 1: DEFINED CONTRIBUTION PENSIONS

Education, Cognitive Performance, and Investment Fees
John Beshears, Harvard Business School and NBER; James Choi, Yale University and NBER; David Laibson and Brigitte Madrian, Harvard University and NBER; William Skimmyhorn, College of William and Mary; and Stephen Zeldes, Columbia University and NBER
Slides    Summary   
Discussant: John Sabelhaus, Federal Reserve Board    Discussion

How Have Workers Responded To Oregon's Auto-IRAs?
Anek Belbase and Geoffrey T. Sanzenbacher, Boston College
Slides    Summary   
Discussant: David C. John, AARP Public Policy Institute and Brookings Retirement Security Project    Discussion

Effects of Changes in Default Investment Allocation on Thrift Savings Plan Contributions
Gopi Shah Goda, Stanford University and NBER, Matthew Levy, London School of Economics, Colleen Manchester, University of Minnesota, Aaron Sojourner, University of Minnesota, and Joshua Tasoff, Claremont Graduate University
Slides    Summary   
Discussant: Jean A. Young, Vanguard Center for Investor Research    Discussion

10:15-10:30 BREAK

10:30-12:00 PANEL 2: INCOME

Income, Benefits and Retirement Among Low-Income Households: New Evidence from Linked Administrative Records in Rhode Island

Justine Hastings, Brown University and NBER
Discussant: C. Adam Bee, Census Bureau

Mortality Risk and Household Insurance in the U.S.
Itzik Fadlon, University of California, San Diego and NBER; Shanthi P. Ramnath, US Department of the Treasury; and Patricia K. Tong, RAND
Discussant: Louis Toler, Women's Institute for a Secure Retirement

What Factors Explain the Decline in Widows' Poverty?

Alicia H. Munnell, Geoffrey T. Sanzenbacher, and Alice Zulkarnain, Boston College
Slides    Summary   
Discussant: Christopher R. Tamborini, Social Security Administration    Discussion

12:00 BOX LUNCH

12:30 LUNCHEON SPEAKER: Brigitte Madrian, Harvard Kennedy School and NBER
Lessons from Behavioral Economics for Promoting Retirement Income Security

AFTERNOON SESSION CHAIR: Alicia Munnell, Center for Retirement Research at Boston College

1:15-2:45 PANEL 3: PROGRAM KNOWLEDGE

Social Security Household Benefits: Measuring Program Knowledge
Katherine G. Carman and Angela A. Hung, RAND
Slides    Summary   
Discussant: Andrew Biggs, American Enterprise Institute

The Minimum Wage and Incentives for Full-Time Work under the Social Security Retirement Earnings Test
Gary V. Engelhardt, Syracuse University and Patrick J. Purcell, Social Security Administration
Slides    Summary   
Discussant: Jae Song, Social Security Administration    Discussion

Using Consequence Messaging to Improve Understanding of Social Security
Anya Samek and Arie Kapteyn, Center for Economic and Social Research, University of Southern California
Slides    Summary   
Discussant: Laith Alattar, Social Security Administration

2:45-3:00 BREAK

3:00-4:30 Panel 4: LABOR SUPPLY

The Effects of Pension Reforms on the Labor Market
Giulia Bovini, Bank of Italy and LSE, and Matteo Paradisi, Harvard University
Slides    Summary   
Discussant: Courtney Coile, Wellesley College and NBER    Discussion

The Effect of Pension Subsidies on Retirement Decisions of Older Women: Evidence from a Regression Kink Design
Han Ye, University of Mannheim
Slides    Summary   
Discussant: Leora Friedberg, University of Virginia    Discussion

Is the Affordable Care Act Affecting Retirement Yet?
Helen Levy and Tom Buchmueller, University of Michigan, and Sayeh Nikpay, Vanderbilt University
Slides    Summary   
Discussant: Matthew S. Rutledge, Boston College    Discussion

Friday, August 3rd

8:00-8:30 Registration and Coffee

MORNING SESSION CHAIR: James Choi, NBER Retirement Research Center

8:30-10:00 Panel 5: SOCIAL SECURITY FINANCIAL STATUS

How Have Automation and Trade Affected the Taxable Share of Covered Earnings?
Gal Wettstein, Matthew S. Rutledge, and Wenliang Hou, Boston College; and Patrick J. Purcell, Social Security Administration
Slides    Summary   
Discussant: Patricia K. Tong, RAND    Discussion

Spillovers to Social Security from Underfunded State and Local Pensions
Alicia H. Munnell, Jean-Pierre Aubry, and Laura D. Quinby, Boston College
Slides    Summary   
Discussant: Mark J. Warshawsky, Social Security Administration    Discussion

Addressing Social Security's Solvency While Promoting High Labor Force Participation
John Laitner, University of Michigan
Slides    Summary   
Discussant: Stephen C. Goss, Social Security Administration    Discussion

10:00-10:15 BREAK

MORNING SESSION CHAIR: John Laitner, University of Michigan Retirement Research Center

10:15-11:45 Panel 6: BENEFIT CLAIM TIMING

How Does Delayed Retirement Affect Mortality?
Matthew S. Rutledge and Alice Zulkarnain, Boston College
Slides    Summary   
Discussant: Arie Kapteyn, University of Southern California and NBER    Discussion

What Motivates Social Security Claiming Age Intentions? Testing Behaviorally-Informed Interventions Alongside Individual Differences
Adam Greenberg, UCLA and Bocconi University, Hal E. Hershfield, Suzanne B. Shu, and Stephen A. Spiller, University of California, Los Angeles
Slides   
Discussant: Jeffrey R. Brown, University of Illinois at Urbana-Champaign and NBER    Discussion

The Effect of Old Age Survivor Insurance (OASI) Program Rules and Career Histories on Claiming Behavior, Benefit Levels, and Retirement
Till von Wachter, University of California, Los Angeles and NBER
Discussant: Itzik Fadlon, University of California, San Diego and NBER

11:45 BOX LUNCH

Luncheon Speaker: Katharine Abraham, University of Maryland and NBER
Why Is the U.S. Employment-to-Population Ratio Falling

AFTERNOON SESSION CHAIR: Courtney Coile, NBER & Wellesley College

1:00-2:30 Panel 7: REPRESENTATIVE PAYEES

Adverse Financial Events Before and After Dementia Diagnoses
Lauren Nicholas, Johns Hopkins, and Joanne Hsu, Federal Reserve Board
Discussant: Richard W. Johnson, Urban Institute

Financial Fraud Among Older Americans: Evidence and Implications
Marguerite DeLiema and Martha Deevy, Stanford Center on Longevity; Annamaria Lusardi, George Washington University and NBER, and Olivia S. Mitchell, Wharton School of the University of Pennsylvania and NBER
       Summary   
Discussant: Geoffrey T. Sanzenbacher, Boston College

How Well Can Medicare Records Identify Seniors with Cognitive Impairment Needing Assistance with Financial Management?
David Weir and Kenneth Langa, University of Michigan
Slides    Summary   
Discussant: Irena Dushi, Social Security Administration    Discussion

2:30 CLOSING REMARKS

The NBER Retirement Research Center, the Center for Retirement Research at Boston College (CRR), and the University of Michigan Retirement Research Center (MRRC) gratefully acknowledge financial support from the Social Security Administration (SSA) for this meeting. The findings and conclusions are solely those of the authors and do not represent the views of SSA, any agency of the federal government, the NBER Retirement Research Center, CRR, or MRRC.
 
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