NBER Working Papers by James M. Poterba

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Working Papers

February 2014Retirement Security in an Aging Society
January 2013Health, Education, and the Post-Retirement Evolution of Household Assets
with Steven F. Venti, David A. Wise: w18695
December 2012The Nexus of Social Security Benefits, Health, and Wealth at Death
with Steven F. Venti, David A. Wise: w18658
February 2012Were They Prepared for Retirement? Financial Status at Advanced Ages in the HRS and AHEAD Cohorts
with Steven F. Venti, David A. Wise: w17824
October 2011The Composition and Draw-down of Wealth in Retirement
with Steven F. Venti, David A. Wise: w17536
January 2011The Drawdown of Personal Retirement Assets
with Steven F. Venti, David A. Wise: w16675
September 2010The Asset Cost of Poor health
with Steven F. Venti, David A. Wise: w16389
February 2010Family Status Transitions, Latent Health, and the Post-Retirement Evolution of Assets
with Steven F. Venti, David A. Wise: w15789
October 2008Portfolio Substitution and the Revenue Cost of Exempting State and Local Government Interest Payments from Federal Income Tax
with Arturo Ramirez Verdugo: w14439
August 2008Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Costs and Incentive Effects
with Todd M. Sinai: w14253
March 2008Taxes and Mutual Fund Inflows Around Distribution Dates
with Woodrow T. Johnson: w13884
September 2007The Changing Landscape of Pensions in the United States
with Steven Venti, David A. Wise: w13381
May 2007Rise of 401(k) Plans, Lifetime Earnings, and Wealth at Retirement
with Steven F. Venti, David A. Wise: w13091
New Estimates of the Future Path of 401(k) Assets
with Steven Venti, David A. Wise: w13083
February 2007Deferred Tax Positions and Incentives for Corporate Behavior Around Corporate Tax Changes
with Nirupama Rao, Jeri Seidman: w12923
January 2007The Decline of Defined Benefit Retirement Plans and Asset Flows
with Steven Venti, David A. Wise: w12834
October 2006Defined Contribution Plans, Defined Benefit Plans, and the Accumulation of Retirement Wealth
with Joshua Rauh, Steven Venti, David Wise: w12597
May 2006Redistribution by Insurance Market Regulation: Analyzing a Ban on Gender-Based Retirement Annuities
with Amy Finkelstein, Casey Rothschild: w12205
March 2006Testing for Asymmetric Information Using 'Unused Observables' in Insurance Markets: Evidence from the U.K. Annuity Market
with Amy Finkelstein: w12112
January 2006Household Ownership of Variable Annuities
with Jeffrey Brown: w11964
Lifecycle Asset Allocation Strategies and the Distribution of 401(k) Retirement Wealth
with Joshua Rauh, Steven Venti, David Wise: w11974
October 2004The Impact of Population Aging on Financial Markets
March 2004Valuing Assets in Retirement Saving Accounts
February 2004Taxation and Corporate Payout Policy
Tax-Motivated Trading by Individual Investors
with Zoran Ivkovich, Scott Weisbenner: w10275
November 2003The Alternative Minimum Tax and Effective Marginal Tax Rates
with Daniel Feenberg: w10072
August 2003Utility Evaluation of Risk in Retirement Saving Accounts
with Joshua Rauh, Steven Venti, David Wise: w9892
January 2003Inter-Asset Differences in Effective Estate Tax Burdens
with Scott Weisbenner: w9456
October 2002Asset Allocation and Asset Location: Household Evidence from the Survey of Consumer Finances
with Daniel Bergstresser: w9268
February 2002Exchange Traded Funds: A New Investment Option for Taxable Investors
with John B. Shoven: w8781
December 2001Copycat Funds: Information Disclosure Regulation and the Returns to Active Management in the Mutual Fund Industry
with Mary Margaret Myers, Douglas A. Shackelford: w8653
November 2001The Transition to Personal Accounts and Increasing Retirement Wealth: Macro and Micro Evidence
with Steven F. Venti, David A. Wise: w8610
June 2001Taxation, Risk-Taking, and Household Portfolio Behavior
April 2001Taxation and Portfolio Structure: Issues and Implications
December 2000Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market
with Amy Finkelstein: w8045
November 2000Asset Location for Retirement Savers
with John B. Shoven, Clemens Sialm: w7991
July 2000The Distributional Burden of Taxing Estates and Unrealized Capital Gains at the Time of Death
with Scott Weisbenner: w7811
Mortality Risk, Inflation Risk, and Annuity Products
with Jeffrey R. Brown, Olivia S. Mitchell: w7812
May 2000The Distribution of Payroll and Income Tax Burdens, 1979-1999
with Andrew Mitrusi: w7707
March 2000Do After-Tax Returns Affect Mutual Fund Inflows?
with Daniel Bergstresser: w7595
February 2000The Income and Tax Share of Very High Income Households, 1960-1995
with Daniel R. Feenberg: w7525
October 1999Taxation and Household Portfolio Composition: U.S. Evidence from the 1980s and 1990s
with Andrew Samwick: w7392
August 1999Pre-Retirement Cashouts and Foregone Retirement Saving: Implications for 401(k) Asset Accumulation
with Steven F. Venti, David A. Wise: w7314
July 1999Taxing Retirement Income: Nonqualified Annuities and Distributions from Qualified Accounts
with Jeffrey R. Brown, Olivia S. Mitchell, Mark J. Warshawsky: w7268
June 1999Selection Effects in the Market for Individual Annuities: New Evidence from the United Kingdom
with Amy Finkelstein: w7168
Joint Life Annuities and Annuity Demand by Married Couples
with Jeffrey R. Brown: w7199
April 1999The Rate of Return to Corporate Capital and Factor Shares: New EstimatesUsing Revised National Income Accounts and Capital Stock Data
March 1999Implications of Rising Personal Retirement Saving
with Steven F. Venti, David A. Wise: w6295
The Role of Real Annuities and Indexed Bonds in an Individual Accounts Retirement Program
with Jeffrey R. Brown, Olivia S. Mitchell: w7005
January 1999The Costs of Annuitizing Retirement Payouts from Individual Accounts
with Mark J. Warshawsky: w6918
December 1998Estate and Gift Taxes and Incentives for Inter Vivos Giving in the United States
October 1998Population Age Structure and Asset Returns: An Empirical Investigation
July 1998Fiscal Institutions and Public Sector Labor Markets
with Kim S. Rueben: w6659
June 1998Capital Gains Tax Rules, Tax Loss Trading and Turn-of-the-Year Returns
with Scott J. Weisbenner: w6616
December 1997The Estate Tax and After-Tax Investment Returns
October 1997State Fiscal Institutions and the U.S. Municipal Bond Market
with Kim S. Rueben: w6237
September 1997Household Portfolio Allocation Over the Life Cycle
with Andrew A. Samwick: w6185
August 1997Why do Economists Disagree About Policy?
with Victor R. Fuchs, Alan B. Krueger: w6151
April 1997The History of Annuities in the United States
New Evidence on the Money's Worth of Individual Annuities
with Olivia S. Mitchell, Mark J. Warshawsky: w6002
January 1997Distributional Effects of Adopting a National Retail Sales Tax
with Daniel R. Feenberg, Andrew W. Mitrusi: w5885
September 1996Individual Financial Decisions in Retirement Saving Plans and The Provision of Resources for Retirement
with David A. Wise: w5762
July 1996Demographic Structure and the Political Economy of Public Education
June 1996Stock Market Yields and the Pricing of Municipal Bonds
with N. Gregory Mankiw: w5607
May 1996Personal Retirement Saving Programs and Asset Accumulation: Reconciling the Evidence
with Steven F. Venti, David A. Wise: w5599
April 1996Do Budget Rules Work?
February 1996Budget Institutions and Fiscal Policy in the U.S. States
January 1996Stock Ownership Patterns, Stock Market Fluctuations, and Consumption
with Andrew A. Samwick: r2027
October 1995The Effects of Special Saving Programs on Saving and Wealth
with Steven F. Venti, David A. Wise: w5287
Lump-Sum Distributions from Retirement Saving Plans: Receipt and Utilization
with Steven F. Venti, David A. Wise: w5298
June 1995Tax Subsidies to Employer-Provided Health Insurance
with Jonathan Gruber: w5147
November 1994Government Intervention in the Markets for Education and Health Care: How and Why?
May 1994The Distribution of Public Sector Wage Premia: New Evidence Using Quantile Regression Methods
with Kim S. Rueben: w4734
April 1994Congressional Distributive Politics and State Economic Performance
with Steven D. Levitt: w4721
February 1994Employee Decisions with Respect to 401(k) Plans: Evidence From Individual-Level Data
with Andrea L. Kusko, David W. Wilcox: w4635
October 1993Did 401(k) Plans Replace Other Employer Provided Pensions?
with Leslie E. Papke, Mitchell Petersen: w4501
August 1993Unemployment Benefits, Labor Market Transitions, and Spurious Flows: A Multinational Logit Model with Errors in Classification
with Lawrence H. Summers: w4434
Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed
with Jonathan Gruber: w4435
June 1993Do 401(k) Contributions Crowd Out Other Persoanl Saving?
with Steven F. Venti, David A. Wise: w4391
May 1993State Responses to Fiscal Crisis: The Effects of Budgetary Institutionsand Politics
December 1992Income Inequality and the Incomes of Very High Income Taxpayers: Evidence from Tax Returns
with Daniel Feenberg: w4229
Capital Budgets, Borrowing Rules, and State Capital Spending
October 1992401(k) Plans and Tax-Deferred Saving
with Steven F. Venti, David A. Wise: w4181
March 1992House Price Dynamics: The Role of Tax Policy and Demography
January 1992Taxation and Housing: Old Questions, New Answers
December 1991Why Didn't the Tax Reform Act of 1986 Raise Corporate Taxes?
November 1991Which Households Own Municipal Bonds? Evidence From Tax Returns
with Daniel R. Feenberg: w3900
August 1991Money, Output and Prices: Evidence from A New Monetary Aggregate
with Julio J. Rotemberg, John C. Driscoll: w3824
April 1991An Aging Society: Opportunity or Challenge?
with David M. Cutler, Louise M. Sheiner, Lawrence H. Summers: r1559
March 1991Japanese and U.S. Cross-Border Common Stock Investments
with Kenneth R. French: r1537
Tax Policy to Combat Global Warming: On Designing a Carbon Tax
January 1991Is the Gasoline Tax Regressive?
Investor Diversification and International Equity Markets
with Kenneth R. French: w3609
April 1990Recent Evidence on Budget Deficits and National Savings
with Lawrence H. Summers: w2144
March 1990Were Japanese Stock Prices Too High?
with Kenneth R. French: w3290
February 1990Taxation and Housing Markets: Preliminary Evidence on the Effects of Recent Tax Reforms
January 1990Speculative Dynamics
with David M. Cutler, Lawrence H. Summers: w3242
Speculative Dynamics and the Role of Feedback Traders
with David M. Cutler, Lawrence H. Summers: w3243
May 1989Dividends, Capital Gains, and the Corporate Veil: Evidence from Britain, Canada, and the United States
March 1989Tax Reform and the Market For Tax-Exempt Debt
February 1989Second Mortgages and Household Saving
with Joyce M. Manchester: w2853
1989Venture Capital and Capital Gains Taxation
Lifetime Incidence and the Distributional Burden of Excise Taxes
April 1988Inflation And Taxation With Optimizing Governments
with Julio J. Rotemberg: w2567
March 1988What Moves Stock Prices?
with David M. Cutler, Lawrence H. Summers: w2538
February 1988Tax Policy and Corporate Saving
November 1987Public Policy Implications of Declining Old-Age Mortality
with Lawrence H. Summers: r0934
August 1987Mean Reversion in Stock Prices: Evidence and Implications
with Lawrence H. Summers: w2343
1987Why Have Corporate Tax Revenues Declined?
with Alan J. Auerbach: w2118
Tax Evasion and Capital Gains Taxation
Household Behavior and the Tax Reform Act of 1986
with Jerry A. Hausman: w2120
June 1986Finite Lifetimes and the Crowding Out Effects of Budget Deficits
with Lawrence H. Summers: w1955
March 1986Tax Loss Carryforwards and Corporate Tax Incentives
with Alan J. Auerbach: w1863
How Burdensome are Capital Gains Taxes?
1986Money in the Utility Function: An Empirical Implementation
with Julio J. Rotemberg: w1796
June 1985The Economic Effects of Dividend Taxation
with Lawrence H. Summers: w1353
A Tax-Based Test for Nominal Rigidities
with Julio J. Rotemberg, Lawrence H. Summers: w1627
February 1985New Evidence that Taxes Affect the Valuation of Dividends
with Lawrence H. Summers: w1288
November 1984Unemployment Insurance and Reservation Wages
with Martin Feldstein: w1011
September 1984The Persistence of Volatility and Stock Market Fluctuations
with Lawrence H. Summers: w1462
Expected Future Tax Policy and Tax-Exempt Bond Yields
August 1984Adjusting the Gross Changes Data: Implications for Labor Market Dynamics
with Lawrence H. Summers: w1436
June 1983Multiple Shooting in Rational Expectations Models
with David Lipton, Jeffrey Sachs, Lawrence H. Summers: t0003
May 1983Interpreting Ex-Dividend Evidence: The Citizens Utilities Case Reconsidered
April 1983Survey Response Variation in the Current Population Survey
with Lawrence H. Summers: w1109
December 1981Dividend Taxes, Corporate Investment, and "Q"
with Lawrence H. Summers: w0829
August 1981The Effective Tax Rate and the Pretax Rate of Return
with Martin Feldstein, Louis Dicks-Mireaux: w0740
September 1980Inflation, Income Taxes, and Owner-Occupied Housing
July 1980State and Local Taxes and the Rate of Return on Nonfinancial Corporate Capital (revised as W0740)
with Martin Feldstein: w0508

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