Alan L Gustman
Biographic Data
| ID | 1048942 |
|---|---|
| NAME | Alan L Gustman |
| GIVEN NAMES | Alan L |
| FAMILY NAME | Gustman |
| SIGNATURE | GUSTMAN A L |
| AFFILIATIONS | Dartmouth College |
| VERIFIED | No |
| TOTAL WORKS | 15 |
| TOTAL CITATIONS | 30 |
| WORKS AS AUTHOR | 15 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1972 |
| LATEST PUBLICATION YEAR | 2010 |
| H-INDEX | 3 |
What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
This paper investigates the effect of the current recession on the retirement age population. Data from the Health and Retirement Study suggest that those approaching retirement age (early boomers ages 53 to 58 in 2006) have only 15.2 percent of their wealth in stocks, held directly or in defined contribution plans or IRAs. Their vulnerability to a stock market decline is limited by the high value of their Social Security wealth, which represents…
Pension Incentives and Job Mobility
2.3) and assumes a = 0.01, 62
Employer-Provided Health Insurance and Retirement Behavior
Using data from the 1969-79 Retirement History Study, the 1977 National Medical Care Expenditure Survey, the 1983-86 Survey of Consumer Finances, and the 1988 Current Population Survey, the authors analyze, with a structural retirement model, the effect on retirement of employer-provided health benefits. Such benefits, they find, tend to delay retirement until the age of eligibility and afterward to accelerate it. The net effect is small: employe…
The Role of Pensions in the Labor Market
Because employer-sponsored group pension plans entail agreements between workers and their employers explicitly linking future payment and employment, they offer an unusual window into long-term employment relationships. This review of recent research on pensions explores how pensions influence employee compensation, retirement, turnover, and other matters central to the determination of labor's price and quantity over time. The authors also outl…
Faculty Retirement in the Arts and Sciences
Changing the Social Security Rules for Work after 65
This paper simulates the effects of proposed changes in the social security rules, including the elimination of the Retirement Earnings Test, for men who work after normal retirement age. A policy change that was given serious consideration by the Social Security Administration in 1988-89 (and that is similar to other proposals made in Congress and elsewhere since then) is projected to raise long-run costs by $43 billion net of taxes and to induc…
Modeling Individuals' Behavior
Partial Retirement and the Analysis of Retirement Behavior
The authors estimate a retirement equation with multiple outcome categories to show, first, that self-reported partial retirement is relatively common among white males aged 58 to 69, particularly partial retirement into a job different from the full-time job held at age 55, and that pattern holds even for those not facing mandatory retirement, not unhealthy, and not influenced by pension policies. Second, results from retirement equations specif…
Modeling Individuals' Behavior
With a continuous decline in the cost of manipulating data and a continuous increase in the richness of data banks, policymakers have increasing opportunities to build and apply so‐called microsimulation models—models that attempt to simulate the behavior of the individuals in a large population under a specified program. The efforts of the Department of Labor to use a model in evaluating proposed changes in the unemployment insurance system poin…
The Impact of Wages and Unemployment on Youth Enrollment and Labor Supply
Various aspects of the school enrollment-labor supply decision have been examined in earlier studies, including those of Bowen and Finegan (1969), Cohen, Rea, and Lerman (1970), Duncan (1965), Katz (1973), Korbel (1966) and Lerman (1972). Although these authors were aware of the joint nature of the school-work decision, typically, they used an ordinary least squares (OLS) framework with dichotomous dependent variables to analyze enrollment condit…
The Relation between Vocational Training in High School and Economic Outcomes
The examination of foreign takeovers is a way of distinguishing between the characteristics of f inns and industries that encourage takeovers and the effects of foreignness or of takeovers per se. Foreigners have tended to take over Swedish firms that are of above average size within each industry. 'Very .few takeovers are of the smallest groups of firms: those with fewer than 20 employees or even those with fewer than 200. However, the firms tak…
Teachers' Salary Differentials and Equality of Educational Opportunity
Explores the underlying reasons for interarea differences in teachers' salaries. Relationship between teachers' salaries and teacher quality; Factors that influence the differences in the cost of teachers' services; Implications of the findings for educational policy. (Abstract copyright EBSCO.)
The Skilled-Unskilled Wage Differential in Construction
Discussion of the short-run fluctuations in the skilled-unskilled wage differential in unionized building construction industry in the United States during the period 1953 through 1970. Characteristics of the skill differential in construction; Factors related to supply and demand; Significance of the interdependence of utility among construction workers. (Abstract copyright EBSCO.)
Income Expectations and the Consumption of Graduate Students
Wages, Wage Supplements, and the Interaction of Union Bargains in the Construction Industry
Presents a study that discussed the pattern of relationships between wages and wage supplements in the construction industry. Institutional aspects of wages and wage supplements; Empirical results; Information on the individual types of benefits; Conclusions. (Abstract copyright EBSCO.)
The Role of Pensions in the Labor Market
Because employer-sponsored group pension plans entail agreements between workers and their employers explicitly linking future payment and employment, they offer an unusual window into long-term employment relationships. This review of recent research on pensions explores how pensions influence employee compensation, retirement, turnover, and other matters central to the determination of labor's price and quantity over time. The authors also outl…
Partial Retirement and the Analysis of Retirement Behavior
The authors estimate a retirement equation with multiple outcome categories to show, first, that self-reported partial retirement is relatively common among white males aged 58 to 69, particularly partial retirement into a job different from the full-time job held at age 55, and that pattern holds even for those not facing mandatory retirement, not unhealthy, and not influenced by pension policies. Second, results from retirement equations specif…
What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
This paper investigates the effect of the current recession on the retirement age population. Data from the Health and Retirement Study suggest that those approaching retirement age (early boomers ages 53 to 58 in 2006) have only 15.2 percent of their wealth in stocks, held directly or in defined contribution plans or IRAs. Their vulnerability to a stock market decline is limited by the high value of their Social Security wealth, which represents…
Employer-Provided Health Insurance and Retirement Behavior
Using data from the 1969-79 Retirement History Study, the 1977 National Medical Care Expenditure Survey, the 1983-86 Survey of Consumer Finances, and the 1988 Current Population Survey, the authors analyze, with a structural retirement model, the effect on retirement of employer-provided health benefits. Such benefits, they find, tend to delay retirement until the age of eligibility and afterward to accelerate it. The net effect is small: employe…
Changing the Social Security Rules for Work after 65
This paper simulates the effects of proposed changes in the social security rules, including the elimination of the Retirement Earnings Test, for men who work after normal retirement age. A policy change that was given serious consideration by the Social Security Administration in 1988-89 (and that is similar to other proposals made in Congress and elsewhere since then) is projected to raise long-run costs by $43 billion net of taxes and to induc…
Teachers' Salary Differentials and Equality of Educational Opportunity
Explores the underlying reasons for interarea differences in teachers' salaries. Relationship between teachers' salaries and teacher quality; Factors that influence the differences in the cost of teachers' services; Implications of the findings for educational policy. (Abstract copyright EBSCO.)
The Relation between Vocational Training in High School and Economic Outcomes
The examination of foreign takeovers is a way of distinguishing between the characteristics of f inns and industries that encourage takeovers and the effects of foreignness or of takeovers per se. Foreigners have tended to take over Swedish firms that are of above average size within each industry. 'Very .few takeovers are of the smallest groups of firms: those with fewer than 20 employees or even those with fewer than 200. However, the firms tak…
Income Expectations and the Consumption of Graduate Students
Wages, Wage Supplements, and the Interaction of Union Bargains in the Construction Industry
Presents a study that discussed the pattern of relationships between wages and wage supplements in the construction industry. Institutional aspects of wages and wage supplements; Empirical results; Information on the individual types of benefits; Conclusions. (Abstract copyright EBSCO.)
The Skilled-Unskilled Wage Differential in Construction
Discussion of the short-run fluctuations in the skilled-unskilled wage differential in unionized building construction industry in the United States during the period 1953 through 1970. Characteristics of the skill differential in construction; Factors related to supply and demand; Significance of the interdependence of utility among construction workers. (Abstract copyright EBSCO.)
Teachers' Salary Differentials and Equality of Educational Opportunity
Explores the underlying reasons for interarea differences in teachers' salaries. Relationship between teachers' salaries and teacher quality; Factors that influence the differences in the cost of teachers' services; Implications of the findings for educational policy. (Abstract copyright EBSCO.)
The Impact of Wages and Unemployment on Youth Enrollment and Labor Supply
Various aspects of the school enrollment-labor supply decision have been examined in earlier studies, including those of Bowen and Finegan (1969), Cohen, Rea, and Lerman (1970), Duncan (1965), Katz (1973), Korbel (1966) and Lerman (1972). Although these authors were aware of the joint nature of the school-work decision, typically, they used an ordinary least squares (OLS) framework with dichotomous dependent variables to analyze enrollment condit…
The Relation between Vocational Training in High School and Economic Outcomes
The examination of foreign takeovers is a way of distinguishing between the characteristics of f inns and industries that encourage takeovers and the effects of foreignness or of takeovers per se. Foreigners have tended to take over Swedish firms that are of above average size within each industry. 'Very .few takeovers are of the smallest groups of firms: those with fewer than 20 employees or even those with fewer than 200. However, the firms tak…
Modeling Individuals' Behavior
With a continuous decline in the cost of manipulating data and a continuous increase in the richness of data banks, policymakers have increasing opportunities to build and apply so‐called microsimulation models—models that attempt to simulate the behavior of the individuals in a large population under a specified program. The efforts of the Department of Labor to use a model in evaluating proposed changes in the unemployment insurance system poin…
Modeling Individuals' Behavior
Partial Retirement and the Analysis of Retirement Behavior
The authors estimate a retirement equation with multiple outcome categories to show, first, that self-reported partial retirement is relatively common among white males aged 58 to 69, particularly partial retirement into a job different from the full-time job held at age 55, and that pattern holds even for those not facing mandatory retirement, not unhealthy, and not influenced by pension policies. Second, results from retirement equations specif…
Changing the Social Security Rules for Work after 65
This paper simulates the effects of proposed changes in the social security rules, including the elimination of the Retirement Earnings Test, for men who work after normal retirement age. A policy change that was given serious consideration by the Social Security Administration in 1988-89 (and that is similar to other proposals made in Congress and elsewhere since then) is projected to raise long-run costs by $43 billion net of taxes and to induc…
Faculty Retirement in the Arts and Sciences
Employer-Provided Health Insurance and Retirement Behavior
Using data from the 1969-79 Retirement History Study, the 1977 National Medical Care Expenditure Survey, the 1983-86 Survey of Consumer Finances, and the 1988 Current Population Survey, the authors analyze, with a structural retirement model, the effect on retirement of employer-provided health benefits. Such benefits, they find, tend to delay retirement until the age of eligibility and afterward to accelerate it. The net effect is small: employe…
The Role of Pensions in the Labor Market
Because employer-sponsored group pension plans entail agreements between workers and their employers explicitly linking future payment and employment, they offer an unusual window into long-term employment relationships. This review of recent research on pensions explores how pensions influence employee compensation, retirement, turnover, and other matters central to the determination of labor's price and quantity over time. The authors also outl…
Pension Incentives and Job Mobility
2.3) and assumes a = 0.01, 62
What the Stock Market Decline Means for the Financial Security and Retirement Choices of the Near-Retirement Population
This paper investigates the effect of the current recession on the retirement age population. Data from the Health and Retirement Study suggest that those approaching retirement age (early boomers ages 53 to 58 in 2006) have only 15.2 percent of their wealth in stocks, held directly or in defined contribution plans or IRAs. Their vulnerability to a stock market decline is limited by the high value of their Social Security wealth, which represents…
Economics (13 works) · Labour economics (11 works) · Demographic economics (7 works) · Retirement, Disability, and Employment (7 works) · Business (6 works) · Finance (6 works) · Labor market dynamics and wage inequality (6 works) · Pension (6 works) · Sociology (6 works) · Actuarial science (5 works)