Research
Working Longer Cannot Solve the Retirement Crisis
Brief— Working longer is often proposed as the solution to the retirement crisis caused by older workers’ lack of retirement assets, but new research from SCEPA's ReLab shows this assumption doesn't match older workers' real experiences in the labor market.
This paper argues that given certain self-definitions and key defining features of economic sociology, Keynes's work can be read and interpreted as a text in economic sociology.
The article introduces a decomposition of trade flows that allows to measure expenditure-growth effects and expenditure-switching effects, which is applied to 11 euro members 1990-2014.
This paper supports the need to focus not only on ensuring Social Security’s solvency for future generations, but building the program’s ability to support all working Americans.
Workers across the country face a retirement crisis. However, workers in Philadelphia are faring worse than average.
This paper entertains two distinct hypotheses about the meaning and effect of the Lucas critique.
Economic shocks, such as job-loss, have particularly adverse effects on retirement savings of workers in low-income households, exacerbating retirement savings inequality.
Inadequate wealth accumulations reflect well-known design flaws in the 401(k) system.
Financial necessity is an important reason low-wage households are more likely to make pre-retirement withdrawals from their 401(k) plans.
