Retirement, Planning, and Social Security in Interesting Times
12th Annual Conference of the Retirement Research Consortium

Panel 1: Financial Crisis: What Have We Learned? How Have Older Americans Fared?

Recessions, Wealth Destruction and the Timing of Retirement
Summary    Slides
Barry Bosworth and Gary Burtless, The Brookings Institution

Investor Decisions and the Financial Crisis in Mexico’s Privatized Social Security Market
Summary    Slides
Justine Hastings, Yale

Cognition, Financial Wealth, and the Effects of the Financial Crisis on the Well-Being of Older Americans
Summary    Slides
Matthew Shapiro, University of Michigan

Panel 2: Social Security and Labor Supply

Healthy Life Expectancy: Estimates and Implications for Retirement Age Policy
Ellen Meara, The Dartmouth Institute for Health Policy and Clinical Practice; David Cutler, Harvard University; Seth Richards-Shubik, Carnegie Mellon University

Age Differences in Job Loss, Job Search, and Reemployment
Summary    Slides
Richard Johnson and Corina Mommaerts, The Urban Institute

Adjustment Costs, Firm Responses, and Labor Supply Elasticities: Evidence from Danish Tax Records
Summary    Slides
Raj Chetty, John Friedman and Tore Olsen, Harvard University; Luigi Pistaferri, Stanford University

Luncheon Speaker:
Donald Marron, Director, Tax Policy Center, The Urban Institute
Fiscal Policy in Interesting Times

Panel 3: Social Security Disability Insurance

Reconciling Findings on the Employment Effect of Disability Insurance
Summary    Slides
John Bound, University of Michigan, and Timothy Waidmann, The Urban Institute

The Labor Supply Effects of Disability Insurance Work Disincentives: Evidence from Administrative Data
Summary    Slides
Nicole Maestas, RAND, and Jae Song, Social Security Administration

The Longitudinal Impact of Disability on Earnings and Earnings Uncertainty
Slides
Perry Singleton, Syracuse University

Panel 4: Private Financial Planning

What is the Impact of Foreclosures on Retirement Security?
Summary    Slides
Irena Dushi, Social Security Administration; Leora Friedberg, University of Virginia; and Anthony Webb, Boston College

Financial Knowledge and Financial Literacy at the Household Level
Summary    Slides
Alan Gustman and Nahid Tabatabai, Dartmouth College; Thomas Steinmeier, Texas Tech University

How Do Long-Run Financial Planning Expectations and Decisions Respond to Short-Run Fluctuations in Financial Markets?
Summary    Slides
Sita Slavov, Occidental College; Gopi Shah Goda and John Shoven, Stanford University

Special Session: SSA Presentation on Data.gov

Introduction and Uses of Data in the Open Government Environment
Alan Lane, Associate Chief Information Officer for Open Government, Social Security Administration, Baltimore, Maryland

Panel 5: Life-Cycle Model: The Role of Health

Cognitive Ability and Retiree Health Care Expenditure
Summary    Slides
Daniel Silverman and Lauren Nicholas, University of Michigan, Hanming Fang, University of Pennsylvania

The Asset Cost of Poor Health
Summary    Slides
David Wise, Harvard University, James Poterba, MIT, and Steven Venti, Dartmouth College

Medicaid Crowd-Out of Long-Term Care Insurance with Endogenous Medicaid Enrollment
Summary    Slides
Geena Kim, University of Pennsylvania, (Dissertation Fellow)

Panel 6: Life-Cycle Framework: Demography and Tastes

The Treatment of Married Women by the Social Security Retirement Program
Summary    Slides
Andrew Biggs, American Enterprise Institute, Nada Eissa, Georgetown University, and Gayle Reznik, Social Security Administration

Personality, Lifetime Earnings, and Retirement Wealth
Summary    Slides
Angela Duckworth, University of Pennsylvania, and David Weir, University of Michigan

Accounting for Non-Annuitization
Summary    Slides
Svetlana Pashchenko, University of Virginia (Dissertation Fellow)

Luncheon Speaker:
James Roosevelt, Jr., President and CEO, Tufts Health Plan
The Mythology of Fear

Panel 7: Behavioral Findings

The Limitations of Defaults
Summary
John Beshears, Stanford University, James Choi, Yale University, and David Laibson and Brigitte Madrian, Harvard University

State Wage-Payment Laws, the Pension Protection Act of 2006, and 401(k) Saving Behavior
Summary    Slides
Gary Engelhardt, Syracuse University

Incorporating Employee Heterogeneity into Default Rules for Retirement Plan Selection
Summary    Slides
Gopi Shah Goda, Stanford University, and Colleen Manchester, University of Minnesota (Steven H. Sandell Scholar)