References

Alley, D.E., Soldo, B.J., Pagán, J.A., McCabe, J., deBlois, M., Field, S.H., Asch, D.A., and Cannuscio, C. (2009). Material resources and population health: Disadvantages in health care, housing, and food among adults over 50 years of age. American Journal of Public Health, 99(S3), S693-S701.

Ameriks, J., Caplin, C., Laufer, S., and Van Nieuwerburgh, S. (2011). The joy of giving or assisted living? Using strategic surveys to separate bequest and precautionary motives. Journal of Finance, 66(2), 519-561.

Autor, D.H., and Duggan, M. (2003). The rise in the disability rolls and the decline in unemployment. Quarterly Journal of Economics, 118(February), 157-205.

Black, D.A., and Liang, Z. (2005). Local labor market conditions and retirement behavior. Boston: Center for Retirement Research at Boston College.

Brenner, M.H. (2005). Commentary: Economic growth is the basis of morality rate decline in the 20th century—Experience of the United States 1901-2000. International Journal of Epidemiology, 34, 1,214-1,221.

Chan, S., and Stevens, A.H. (1999). Employment and retirement following a late career job loss. American Economic Review Papers and Proceedings, 89(2), 211-216.

Chan, S., and Stevens, A.H. (2001). Job loss and employment patterns of older workers. Journal of Labor Economics, 19(2), 484-521.

Chan, S., and A.H. Stevens. (2004). How does job loss affect the timing of retirement? Contributions to Economic Analysis and Policy, 3(1), Article 5.

Choi, J.J., Laibson, D., Madrian, B.C., and Metrick, A. (2004). Employees’ investment decisions about company stock. NBER Working Paper No. 10228. Cambridge, MA: National Bureau of Economic Research.

Choi, J.J., Laibson, D., Madrian, B.C., and Metrick, A. (2009). Reinforcement learning and savings behavior. Journal of Finance, 64(6), 2,515-2,534.

Coile, C.C., and Levine, P.B. (2007). Labor market shocks and retirement: Do government programs matter? Journal of Public Economics, 91(10), 1,902-1,919.

Coile, C., and Levine, P.B. (2010). Reconsidering retirement: How losses and layoffs affect older workers. Washington, DC: Brookings Institution Press.



The National Academies | 500 Fifth St. N.W. | Washington, D.C. 20001
Copyright © National Academy of Sciences. All rights reserved.
Terms of Use and Privacy Statement



Below are the first 10 and last 10 pages of uncorrected machine-read text (when available) of this chapter, followed by the top 30 algorithmically extracted key phrases from the chapter as a whole.
Intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text on the opening pages of each chapter. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.

Do not use for reproduction, copying, pasting, or reading; exclusively for search engines.

OCR for page 35
References Alley, D.E., Soldo, B.J., Pagán, J.A., McCabe, J., deBlois, M., Field, S.H., Asch, D.A., and Cannuscio, C. (2009). Material resources and population health: Disadvantages in health care, housing, and food among adults over 50 years of age. American Journal of Public Health, 99(S3), S693-S701. Ameriks, J., Caplin, C., Laufer, S., and Van Nieuwerburgh, S. (2011). The joy of giving or assisted living? Using strategic surveys to separate bequest and precautionary motives. Journal of Finance, 66(2), 519-561. Autor, D.H., and Duggan, M. (2003). The rise in the disability rolls and the decline in unem- ployment. Quarterly Journal of Economics, 118(February), 157-205. Black, D.A., and Liang, Z. (2005). Local labor market conditions and retirement behavior. Boston: Center for Retirement Research at Boston College. Brenner, M.H. (2005). Commentary: Economic growth is the basis of morality rate decline in the 20th century—Experience of the United States 1901-2000. International Journal of Epidemiology, 34, 1,214-1,221. Chan, S., and Stevens, A.H. (1999). Employment and retirement following a late career job loss. American Economic Review Papers and Proceedings, 89(2), 211-216. Chan, S., and Stevens, A.H. (2001). Job loss and employment patterns of older workers. Journal of Labor Economics, 19(2), 484-521. Chan, S., and A.H. Stevens. (2004). How does job loss affect the timing of retirement? Con- tributions to Economic Analysis and Policy, 3(1), Article 5. Choi, J.J., Laibson, D., Madrian, B.C., and Metrick, A. (2004). Employees’ investment decisions about company stock. NBER Working Paper No. 10228. Cambridge, MA: National Bureau of Economic Research. Choi, J.J., Laibson, D., Madrian, B.C., and Metrick, A. (2009). Reinforcement learning and savings behavior. Journal of Finance, 64(6), 2,515-2,534. Coile, C.C., and Levine, P.B. (2007). Labor market shocks and retirement: Do government programs matter? Journal of Public Economics, 91(10), 1,902-1,919. Coile, C., and Levine, P.B. (2010). Reconsidering retirement: How losses and layoffs affect older workers. Washington, DC: Brookings Institution Press. 35

OCR for page 35
36 IMPACT OF SEVERE ECONOMIC RECESSION ON THE ELDERLY Dehejia, R., and Lleras-Muney, A. (2004). Booms, busts, and babies’ health. Quarterly Journal of Economics, 119(3), 1,091-1,130. Delavande, A., and Rohwedder, S. (2008). Eliciting subjective probabilities in Internet surveys. Public Opinion Quarterly, 72(5) 866-891. Friedberg, L., Owyang, M., and Webb, A. (2008). Identifying local differences in retirement patterns. Working Paper 2008-18. Boston: Center for Retirement Research at Boston College. Gallo, W.T., Teng, H.M., Falba, T.A., Kasl, S.V., Krumholz, H.M., and Bradley, E.H. (2006). The impact of late career job loss on myocardial infarction and stroke: A 10-year follow up using the Health and Retirement Survey. Occupational and Environmental Medicine, 63, 683-687. Gustman, A.L. (2010). Work, labor markets, and retirement. Presentation to the Workshop on the Implications of the Recent Economic Downturn for the Elderly, June 10-11, Com- mittee on Population, National Research Council, Washington, DC. Gustman, A.L., Steinmeir, T.L., and Tabatai, T. (2010a). Financial knowledge and financial literacy at the household level. NBER Working Paper No. 16500. Cambridge, MA: Na- tional Bureau of Economic Research. Gustman, A.L., Steinmeir, T.L., and Tabatai, T. (2010b). What the stock market decline means for the financial security and retirement choices of the near-retirement population. Jour- nal of Economic Perspectives, 24(1), 161-182. Haider, S.J., and McGarry, K. (2006). Recent trends in resource sharing among the poor. In R. Blank, S. Danziger, and R. Schoeni (eds.), Working and poor: How economic and policy changes are affecting low-wage workers. New York: Russell Sage Foundation. Hallberg, D. (2008). Economic fluctuations and retirement of older employees. Working Paper Series 2008:2. Uppsala, Sweden: Institute for Labour Market Policy Evaluation. Hewitt Associates. (2010). The Hewitt 401(k) index observations. Available: http://www. hewittassociates.com/Intl/NA/en-US/OurServices/IndexObservationList.aspx. Hudomiet, P., Kezdi, G., and Willis, R.J. (2011). Stock market crash and expectations of American households. Journal of Applied Econometrics, 26, 393-415. Hurd, M. (2010). Consumption, savings, pensions, and wealth. Presentation to the Workshop on the Implications of the Recent Economic Downturn for the Elderly, June 10-11, Com- mittee on Population, National Research Council, Washington, DC. Johnson, R.W., and Kawachi, K. (2007). Job changes at older ages: Effects on wages, benefits, and other job attributes. The Retirement Project, Discussion Paper 07-03. Washington, DC: Urban Institute. Johnson, R.W., and Mommaerts, C. (2010). Social Security retirement benefit awards hit all- time high in 2009. Washington, DC: Urban Institute. Kezdi, G., and Willis, R.J. (2008). Stock market expectations and portfolio choice of American households. Unpublished, University of Michigan. Available: http://www.mktudegy.hu/ files/KezdiG.pdf. Lahey, J.N. (2008). Age, women, and hiring. Journal of Human Resources, 43(1), 30-56. Laporte, A. (2004). Do economic cycles have a permanent effect on population health?: Re- visiting the Brenner hypothesis. Health Economics, 13, 767-779. Madrian, B. (2010). Consumption, savings, pensions, and wealth. Presentation to the Work- shop on the Implications of the Recent Economic Downturn for the Elderly, June 10-11, Committee on Population, National Research Council, Washington, DC. Miller, D.L., Page, M.E., Stevens, A.H., and Filipski, M. (2009). Why are recessions good for your health? American Economic Review, 99(2), 122-127. Munnell, A.H., Soto, M., Triest, R.K., and Zhivan, N.A. (2008). How much do state econom- ics and other characteristics affect labor force participation of older workers? Working Paper 2008-12. Boston: Center for Retirement Research at Boston College.

OCR for page 35
37 REFERENCES Munnell, A., Muldoon, D., and Sass, S.A. (2009). Recessions and older workers. Number 9-2. Boston: Center for Retirement Research at Boston College. Neumayer, E. (2004). Recessions lower (some) mortality rates: Evidence from Germany. Social Science & Medicine, 58, 1,037-1,047. Pension Rights Center. (2010). Companies that have changed or temporarily suspended their 401(k) matching contributions. Fact sheet. Available: http://www.pensionrights.org/pubs/ facts/401%28k%29-match.html. Pollack C.E., Lynch, J., Alley, D.E., and Cannuscio, C.C. (2010). Foreclosure and health sta- tus. LDI Issue Brief, 15(2). Philadelphia: Leonard Davis Institute of Health Economics. Reinhart, C., and Rogoff, K. (2009). This time is different: Eight centuries of financial folly. Princeton, NJ: Princeton University Press. Robinson, W.S. (1950). Ecological correlations and the behavior of individuals. American Sociological Review, 15(3), 351-357. Ruhm, C.J. (2000). Are recessions good for your health? Quarterly Journal of Economics, 115(2), 617-650. Sass, S.A., Monk, C., and Haverstick, K. (2010). Workers’ response to the market crash: Save more, work more? Number 10-3. Boston: Center for Retirement Research at Boston College. Steptoe, A., Brydon, L., and Kunz-Ebrecht, S. (2005). Changes in financial strain over three years, ambulatory blood pressure, and cortisol responses to awakening. Psychosomatic Medicine, 67, 281-287. Strully, K.W. (2009). Job loss and health in the U.S. labor market. Demography, 46(2), 221-246. Sullivan, D., and von Wachter, T. (2007), Mortality, mass-layoffs, and career outcomes: An analysis using administrative data. WP 2006-21. Chicago: Federal Reserve Bank of Chicago. Tapia Granados, J.A. (2005). Increasing mortality during the expansions of the U.S. economy, 1900-1996. International Journal of Epidemiology, 34(6), 1,194-1,202. Thomas, D., and Frankenberg, E. (2007). Household responses to the financial crisis in Indo- nesia: Longitudinal evidence on poverty, resources, and well-being. In A. Harrison (ed.), Globalization and poverty. Chicago: University of Chicago Press. Venti, S.F., and Wise, D.A. (2001). Aging and housing equity: Another look. NBER Working Paper No. 8608. Cambridge, MA: National Bureau of Economic Research. von Wachter, T. (2007). The effect of economic conditions on the employment of workers nearing retirement age. Boston: Center for Retirement Research at Boston College. Wethington, E., and Kessler, R.C. (1986). Perceived support, received support, and adjustment to stressful life events. Journal of Health and Social Behavior, 27(1), 78-89.

OCR for page 35