Despite the proliferation of academic studies examining financial literacy and financial
outcomes, no consistent definition or empirically validated measures of financial literacy exist. …

Willingness to participate in financial markets is important for financial well-being, including
the accumulation of retirement savings through self-directed pension programs. We consider …

Several programs have been introduced by US fiscal and monetary authorities in response
to the financial crisis. We examine the responses involving Treasury debt-the Term Securities …

States and localities continue moving towards consumption taxes. Georgia’s local governments
displace a portion of their property tax receipts with revenue from the Local Option Sales …

CURRENTLY, MANY STATE AND LOCAL GOV-ernments in the United States continue to
consider moving away from the individual income and the property tax, respectively, towards …

Involuntary retirement covers economic and health related dislocations. Over 1992–2011,
three-in-ten retirees in the Health and Retirement Study (HRS) report an involuntary retirement…

The link between unemployment and pension accumulations is conceptually straightforward;
periods of unemployment lead to lower pension contributions, and thus to lower …

The effects of the 2007–2008 financial collapse and related Great Recession continue to
impact the retirement well-being of millions of people. The Federal Reserve has kept its …

The United States introduced several programs in response to the financial crisis. We
examine responses involving Treasury debt-the Term Securities Lending Facility (TSLF), …

This paper investigates the impact of household exposure to employer pension plan
features using the Health and Retirement Survey. We investigate whether exposure to active …