| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17547 |
| 来源ID | Working Paper 17547 |
| How Did the Recession of 2007-2009 Affect the Wealth and Retirement of the Near Retirement Age Population in the Health and Retirement Study? | |
| Alan L. Gustman; Thomas L. Steinmeier; Nahid Tabatabai | |
| 发表日期 | 2011-10-27 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | This paper uses asset and labor market data from the Health and Retirement Study (HRS) to investigate how the recent "Great Recession" has affected the wealth and retirement of those in the population who were just approaching retirement age at the beginning of the recession, a potentially vulnerable segment of the working age population. The retirement wealth held by those ages 53 to 58 before the onset of the recession in 2006 declined by a relatively modest 2.8 percentage points by 2010. In more normal times, their wealth would have increased over these four years. Members of older cohorts accumulated an additional 5 percent of wealth over the same age span. To be sure, a part of their accumulation was the result of the upside of the housing bubble. The wealth holdings of poorer households were least affected by the recession. Relative losses are greatest for those who initially had the highest wealth when the recession began. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Poverty and Wellbeing ; Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Labor Compensation |
| URL | https://www.nber.org/papers/w17547 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575221 |
| 推荐引用方式 GB/T 7714 | Alan L. Gustman,Thomas L. Steinmeier,Nahid Tabatabai. How Did the Recession of 2007-2009 Affect the Wealth and Retirement of the Near Retirement Age Population in the Health and Retirement Study?. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17547.pdf（217KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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