NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Welfare Cost of Retirement Uncertainty

Frank N. Caliendo, Maria Casanova, Aspen Gorry, Sita Slavov

NBER Working Paper No. 22609
Issued in September 2016, Revised in February 2017

---- Acknowledgments ----

We thank Mariacristina De Nardi, Eric French, Carlos Garriga, John Jones, Yuzhe Zhang, and seminar audiences at the MRRC research workshop, the QSPS summer workshop, the SEA annual meetings, Keio University, the Federal Reserve Bank of Cleveland, the Federal Reserve Bank of St. Louis, and Clemson University. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Sita Slavov ----

In addition to my compensation from George Mason University, during the past three years, I have received compensation exceeding $500 from Stanford University, the American Enterprise Institute, the National Bureau of Economic Research, and the Mercatus Center. During the past three years, my research has been supported by grants from the Sloan Foundation, the National Institute on Aging, the Social Security Administration, the Koch Foundation, the Mercatus Center, and Stanford University, and I have received access to proprietary data from Towers Watson, a benefits consulting firm.

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