The retirement research consortium: past, present, and future.

Retirement Wealth across Cohorts: the Role of Earnings Inequality

Changes in labor markets over the past 30 years suggest upcoming changes in the distribution of wealth at retirement. Workers from the baby boom cohort have spent the majority of their working years in a labor market with substantially higher earnings inequality than previous generations. This paper investigates how changes in lifetime earnings distributions affect the distribution of retiremen...

Burnout and the Retirement Decision

We introduce the process of psychological burnout and recovery as an explanation for the phenomenon known as unretirement. We illustrate theoretically how predictable time variation in burnout could generate retirement and subsequent re-entry in a standard retirement model. We apply this model to the longitudinal Health and Retirement Study, presenting a novel measure of burnout, the Burnout EX...

Prepared for the Third Annual Conference of the Retirement Research Consortium “Making Hard Choices About Retirement”

Biological Removal of the Mixed Pharmaceuticals: Diclofenac, Ibuprofen, and Sulfamethoxazole Using a Bacterial Consortium

Background: The presence of pharmaceuticals at low concentrations (ng to μg) in the environment has become a hot spot for researchers in the past decades due to the unknown environmental impact and the possible damages they might have to the plantae and fauna present in the aquatic systems, as well as to the other living organisms.Objectives: The aim of t...

Alternative Measures of Replacement Rates

This study finds that on average those just past the usual retirement age are adequately prepared for retirement in that they will be able to follow a path of consumption that begins at their current level of consumption and then follows an age-pattern similar to that of current retirees. That pattern is similar to what would be found from a theoretically derived and estimated life-cycle model....