James Poterba
Biographic Data
| ID | 1124755 |
|---|---|
| NAME | James Poterba |
| GIVEN NAMES | James |
| FAMILY NAME | Poterba |
| SIGNATURE | POTERBA J |
| AFFILIATIONS | Mitsui Professor of Economics, Massachusetts Institute of Technology, Cambridge, Massachusetts; President, National Bureau of Economic Research, Cambridge, Massachusetts. |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 26 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2012 |
| H-INDEX | 3 |
Amy Finkelstein
Amy Finkelstein is the 2012 recipient of the John Bates Clark Medal from the American Economic Association. The core concerns of Amy's research program have been insurance markets and health care. She has addressed whether asymmetric information leads to inefficiencies in insurance markets, how large social insurance programs affect healthcare markets, and the determinants of innovation incentives in health care. We describe a number of Amy's key…
The Composition and Drawdown of Wealth in Retirement
This paper presents evidence on the resources available to households as they enter retirement. It draws heavily on data collected by the Health and Retirement Study. We calculate the "potential additional annuity income" that households could purchase, given their holdings of non-annuitized financial assets at the start of retirement. We also consider the role of housing equity in the portfolios of retirement-age households and explore the exten…
Adverse Selection in Insurance Markets
We use a unique data set of annuities in the United Kingdom to test for adverse selection. We find systematic relationships between ex post mortality and annuity characteristics, such as the timing of payments and the possibility of payments to the annuitant's estate. These patterns are consistent with the presence of asymmetric information. However, we find no evidence of substantive mortality differences by annuity size. These results suggest t…
Selection Effects in the United Kingdom Individual Annuities Market
This paper explores adverse selection in the voluntary and compulsory individual annuity markets in the United Kingdom. Two empirical regularities support standard models of adverse selection. First, annuitants are longer-lived than non-annuitants. These mortality differences are more pronounced in the voluntary than in the compulsory annuity market. We estimate that the amount of adverse selection in the compulsory market is about one half of th…
Adverse Selection in Insurance Markets
We use a unique data set of annuities in the United Kingdom to test for adverse selection. We find systematic relationships between ex post mortality and annuity characteristics, such as the timing of payments and the possibility of payments to the annuitant's estate. These patterns are consistent with the presence of asymmetric information. However, we find no evidence of substantive mortality differences by annuity size. These results suggest t…
The Composition and Drawdown of Wealth in Retirement
This paper presents evidence on the resources available to households as they enter retirement. It draws heavily on data collected by the Health and Retirement Study. We calculate the "potential additional annuity income" that households could purchase, given their holdings of non-annuitized financial assets at the start of retirement. We also consider the role of housing equity in the portfolios of retirement-age households and explore the exten…
Selection Effects in the United Kingdom Individual Annuities Market
This paper explores adverse selection in the voluntary and compulsory individual annuity markets in the United Kingdom. Two empirical regularities support standard models of adverse selection. First, annuitants are longer-lived than non-annuitants. These mortality differences are more pronounced in the voluntary than in the compulsory annuity market. We estimate that the amount of adverse selection in the compulsory market is about one half of th…
Selection Effects in the United Kingdom Individual Annuities Market
This paper explores adverse selection in the voluntary and compulsory individual annuity markets in the United Kingdom. Two empirical regularities support standard models of adverse selection. First, annuitants are longer-lived than non-annuitants. These mortality differences are more pronounced in the voluntary than in the compulsory annuity market. We estimate that the amount of adverse selection in the compulsory market is about one half of th…
Adverse Selection in Insurance Markets
We use a unique data set of annuities in the United Kingdom to test for adverse selection. We find systematic relationships between ex post mortality and annuity characteristics, such as the timing of payments and the possibility of payments to the annuitant's estate. These patterns are consistent with the presence of asymmetric information. However, we find no evidence of substantive mortality differences by annuity size. These results suggest t…
The Composition and Drawdown of Wealth in Retirement
This paper presents evidence on the resources available to households as they enter retirement. It draws heavily on data collected by the Health and Retirement Study. We calculate the "potential additional annuity income" that households could purchase, given their holdings of non-annuitized financial assets at the start of retirement. We also consider the role of housing equity in the portfolios of retirement-age households and explore the exten…
Amy Finkelstein
Amy Finkelstein is the 2012 recipient of the John Bates Clark Medal from the American Economic Association. The core concerns of Amy's research program have been insurance markets and health care. She has addressed whether asymmetric information leads to inefficiencies in insurance markets, how large social insurance programs affect healthcare markets, and the determinants of innovation incentives in health care. We describe a number of Amy's key…
Economics (4 works) · Global Health Care Issues (4 works) · Actuarial science (3 works) · Annuity (3 works) · Business (3 works) · Finance (3 works) · Healthcare Policy and Management (3 works) · Life annuity (3 works) · Adverse selection (2 works) · Finance (2 works)