Macro consequences of global aging

This theme finds expression through ongoing work on generational accounting, life cycle planning, demographic transition, and demographic dividends; stochastic Social Security projections, Federal/State/Local budget projections, microsimulation projections, macro-stochastic simulation to assess new pension structures, and mortality forecasting.  

The Socioeconomic Gradient in U.S. Age-Related Transfers, Health, and Mortality
Project Director:
Ronald D. Lee (Demography, UC Berkeley) and Ryan D. Edwards
Description:

The goals of this research are to reconstruct the National Transfer Accounts (NTA) for the U.S. by socioeconomic status (SES) at two points in time, and then to assess how changes in these age-related transfers by SES may help to understand trends in health and mortality among older Americans as measured in the U.S. Health and Retirement Study (HRS).

The Effect of Social Security Benefits on Retirement: Evidence from the Notch Cohorts
Project Director:
Alexander Gelber
Description:

This project uses Social Security Administration (SSA) data on individuals’ day of birth, and earnings to examine how the size of Old Age and Survivors Insurance (OASI) benefits affects individuals’ earnings.