Olivia S. Mitchell

University of Pennsylvania - The Wharton School

Professor of Business Economics and Public Policy, Professor of Insurance and Risk Management

Philadelphia, PA 19104-6365

United States

University of Pennsylvania - The Wharton School, Pension Research Council

Executive Director

3302 Steinberg Hall-Dietrich Hall

3620 Locust Walk

Philadelphia, PA 19104-6302

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

232

DOWNLOADS
Rank 911

SSRN RANKINGS

Top 911

in Total Papers Downloads

39,223

SSRN CITATIONS
Rank 149

SSRN RANKINGS

Top 149

in Total Papers Citations

2,942

CROSSREF CITATIONS

1,319

Scholarly Papers (232)

1.

Financial Literacy and Retirement Planning: New Evidence from the Rand American Life Panel

Michigan Retirement Research Center Research Paper No. WP 2007-157
Number of pages: 34 Posted: 22 Feb 2008
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 3,302 (5,030)
Citation 134

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2.

Lessons from Behavioral Finance for Retirement Plan Design

PRC Working Paper No. 2003-6
Number of pages: 52 Posted: 24 Nov 2003
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 2,638 (7,219)
Citation 32

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Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education Programs

Michigan Retirement Research Center Research Paper No. WP 2006-144
Number of pages: 27 Posted: 20 Jan 2007
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 1,479 (18,076)
Citation 105

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The Economic Importance of Financial Literacy: Theory and Evidence

GFLEC Working Paper Series No. 2014-001
Number of pages: 70 Posted: 04 May 2013 Last Revised: 10 Jan 2014
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 766 (45,752)
Citation 185

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The Economic Importance of Financial Literacy: Theory and Evidence

NBER Working Paper No. w18952
Number of pages: 65 Posted: 13 Apr 2013 Last Revised: 15 Apr 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 131 (301,027)
Citation 25

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The Economic Importance of Financial Literacy: Theory and Evidence

Pension Research Council WP 2013-02
Number of pages: 65 Posted: 13 Apr 2013
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 107 (348,583)
Citation 8

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5.

Winners and Losers: 401(K) Trading and Portfolio Performance

Pension Research Council Working Paper No. 2006-26, Michigan Retirement Research Center Research Paper No. WP 2007-154
Number of pages: 32 Posted: 06 Nov 2006
University of Pennsylvania - The Wharton School, University of Pennsylvania - The Wharton School, Research Director FINRA Foundation and University of Pennsylvania
Downloads 712 (51,160)
Citation 11

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Simplifying Choices in Defined Contribution Retirement Plan Design

Number of pages: 34 Posted: 02 Dec 2015
Donald B. Keim and Olivia S. Mitchell
University of Pennsylvania - Wharton School and University of Pennsylvania - The Wharton School
Downloads 681 (53,572)
Citation 1

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Retirement saving; default investment; pension; portfolio allocation; choice overload

Simplifying Choices in Defined Contribution Retirement Plan Design

NBER Working Paper No. w21854
Number of pages: 35 Posted: 12 Jan 2016 Last Revised: 20 Mar 2022
Donald B. Keim and Olivia S. Mitchell
University of Pennsylvania - Wharton School and University of Pennsylvania - The Wharton School
Downloads 29 (652,746)
Citation 4

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Financial Literacy Among the Young: Evidence and Implications for Consumer Policy

Pension Research Council WP 2009-09
Number of pages: 35 Posted: 23 Aug 2009
Olivia S. Mitchell, Annamaria Lusardi and Vilsa Curto
University of Pennsylvania - The Wharton School, George Washington University - Department of Accountancy and National Bureau of Economic Research (NBER)
Downloads 598 (63,290)
Citation 33

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Financial Literacy Among the Young: Evidence and Implications for Consumer Policy

NBER Working Paper No. w15352
Number of pages: 34 Posted: 21 Sep 2009 Last Revised: 13 Jun 2022
Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)
Downloads 73 (442,045)

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Downloads 628 ( 60,187)
Citation 7

Financial Innovation for an Aging World

Pension Research Council
Number of pages: 52 Posted: 03 Aug 2006
Olivia S. Mitchell, John Piggott, Michael Sherris and Shaun Yow
University of Pennsylvania - The Wharton School, University of New South Wales (UNSW) - Australian School of Business, School of Economics, University of New South Wales - ARC Centre of Excellence in Population Ageing Research and School of Risk and Actuarial Studies and University of New South Wales (UNSW)
Downloads 554 (69,755)
Citation 1

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Aging, insurance, old-age risk, annuities, pensions, long-term care, reverse mortgage, securitization, longevity risk, guarantee, mortality swaps

Financial Innovation for an Aging World

NBER Working Paper No. w12444
Number of pages: 48 Posted: 21 Aug 2006 Last Revised: 02 Jan 2022
Olivia S. Mitchell, John Piggott, Michael Sherris and Shaun Yow
University of Pennsylvania - The Wharton School, University of New South Wales (UNSW) - Australian School of Business, School of Economics, University of New South Wales - ARC Centre of Excellence in Population Ageing Research and School of Risk and Actuarial Studies and University of New South Wales (UNSW)
Downloads 74 (438,767)
Citation 4

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Money in Motion: Dynamic Portfolio Choice in Retirement

Pension Research Council Working Paper No. 2007-7, Michigan Retirement Research Center Research Paper No. WP 2007-152, 20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 34 Posted: 15 Feb 2007
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and Allianz Global Investors
Downloads 520 (75,524)
Citation 5

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Money in Motion: Dynamic Portfolio Choice in Retirement

NBER Working Paper No. w12942
Number of pages: 32 Posted: 24 Feb 2007 Last Revised: 14 May 2022
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and Allianz Global Investors
Downloads 72 (445,448)

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How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior

SAFE Working Paper No. 190
Number of pages: 21 Posted: 06 Nov 2019
Vanya Horneff, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 574 (66,722)

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Dynamic Portfolio Choice, 401(K) Plan, Saving, Social Security Claiming Age, Retirement Income, Minimum Distribution Requirements, Tax

How Persistent Low Expected Returns Alter Optimal Life Cycle Saving, Investment, and Retirement Behavior

NBER Working Paper No. w24311
Number of pages: 19 Posted: 06 Jun 2018 Last Revised: 06 Jun 2021
Vanya Horneff, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 7 (850,941)

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11.

Company Stock and Retirement Plan Diversification

Pension Research Council Working Paper No. 2002-4
Number of pages: 72 Posted: 26 Mar 2002
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 545 (71,994)
Citation 22

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12.

Financial Literacy Among the Young

Michigan Retirement Research Center Research Paper No. 2008-191
Number of pages: 35 Posted: 23 Sep 2009
Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)
Downloads 523 (75,785)
Citation 45

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Downloads 506 ( 78,916)
Citation 6

Social Security Money's Worth

Columbia Business School, PaineWebber Working Paper No. PW-98-05
Number of pages: 72 Posted: 04 Feb 1999
John Geanakoplos, Olivia S. Mitchell and Stephen P. Zeldes
Yale University, University of Pennsylvania - The Wharton School and Columbia University - Columbia Business School, Finance
Downloads 443 (91,692)
Citation 9

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Social Security Money&Apos;S Worth

NBER Working Paper No. w6722
Number of pages: 71 Posted: 11 Jul 2000 Last Revised: 16 May 2021
John Geanakoplos, Olivia S. Mitchell and Stephen P. Zeldes
Yale University, University of Pennsylvania - The Wharton School and Columbia University - Columbia Business School, Finance
Downloads 63 (478,143)

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14.

Optimal Financial Literacy and Saving for Retirement

RAND Working Paper Series No. WR-905-SSA
Number of pages: 41 Posted: 03 Jan 2012
Annamaria Lusardi, Pierre-Carl Michaud and Olivia S. Mitchell
George Washington University - Department of Accountancy, RAND Corporation and University of Pennsylvania - The Wharton School
Downloads 489 (82,458)
Citation 25

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15.

Valuing Variable Annuities with Guaranteed Minimum Lifetime Withdrawal Benefits

Number of pages: 36 Posted: 06 Oct 2012
Petra Steinorth and Olivia S. Mitchell
University of Hamburg - Institute for Risk Management and Insurance and University of Pennsylvania - The Wharton School
Downloads 476 (84,955)
Citation 15

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16.

Would a Privatized Social Security System Really Pay a Higher Rate of Return?

Columbia Business School, PaineWebber Working Paper No. PW-98-03
Number of pages: 35 Posted: 16 Feb 1999
John Geanakoplos, Olivia S. Mitchell and Stephen P. Zeldes
Yale University, University of Pennsylvania - The Wharton School and Columbia University - Columbia Business School, Finance
Downloads 461 (88,307)
Citation 24

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17.

Fees, Framing, and Financial Literacy in the Choice of Pension Manager

Pension Research Council WP2010-09
Number of pages: 28 Posted: 18 Sep 2010 Last Revised: 26 Nov 2011
Justine S. Hastings, Olivia S. Mitchell and Eric T. Chyn
Brown University, University of Pennsylvania - The Wharton School and University of Virginia - Department of Economics
Downloads 454 (89,878)
Citation 21

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financial literacy, pension, income, education, saving, manager, participants, Chile

Retirement Wealth Accumulation and Decumulation: New Developments and Outstanding Opportunities

Wharton School Working Paper 97-12
Number of pages: 105 Posted: 05 May 1997
Olivia S. Mitchell and James F. Moore
University of Pennsylvania - The Wharton School and Pacific Investment Management Company (PIMCO)
Downloads 374 (111,479)

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Retirement Wealth Accumulation and Decumulation: New Developments and Outstanding Opportunities

NBER Working Paper No. w6178
Number of pages: 81 Posted: 12 Jul 2000 Last Revised: 21 May 2022
Olivia S. Mitchell and James F. Moore
University of Pennsylvania - The Wharton School and Pacific Investment Management Company (PIMCO)
Downloads 58 (498,229)

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19.

The Inattentive Participant: Portfolio Trading Behavior in 401(K) Plans

Michigan Retirement Research Center Research Paper No. WP 2006-115
Number of pages: 40 Posted: 19 Feb 2008
University of Pennsylvania - The Wharton School, Research Director FINRA Foundation, University of Pennsylvania and University of Pennsylvania - The Wharton School
Downloads 430 (95,760)
Citation 85

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20.

The Dynamics of Lifecycle Investing in 401(k) Plans

Number of pages: 38 Posted: 03 Oct 2007 Last Revised: 29 Nov 2011
University of Pennsylvania - The Wharton School, Research Director FINRA Foundation, University of Pennsylvania and University of Pennsylvania - The Wharton School
Downloads 428 (96,259)
Citation 10

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retirement 401(k) saving

Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth

Michigan Retirement Research Center Research Paper No. WP 2006-114
Number of pages: 40 Posted: 19 Feb 2008
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 287 (148,493)
Citation 249

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Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth

NBER Working Paper No. w12585
Number of pages: 40 Posted: 17 Oct 2006 Last Revised: 23 May 2021
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 130 (302,841)
Citation 14

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Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth

CFS Working Paper No. 2006/20, Pension Research Council WP2007-2
Posted: 01 Oct 2006
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School

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Wealth Holdings, Housing Wealth, Lack of Planning, Literacy, Cohorts

22.

Developments in Long-Term Care Insurance in Japan

UNSW Australian School of Business Research Paper No. 2008 ECON 01
Number of pages: 24 Posted: 07 Apr 2008
Olivia S. Mitchell, John Piggott and Satoshi Shimizutani
University of Pennsylvania - The Wharton School, University of New South Wales (UNSW) - Australian School of Business, School of Economics and Hitotsubashi University - Institute of Economic Research
Downloads 406 (102,260)
Citation 3

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health insurance, aging, elderly care, hospital, disability, means-testing, nursing home

23.

Strategic Asset Allocation in Japan: An Empirical Evaluation

Pension Research Council WP2005-1
Number of pages: 46 Posted: 11 Jul 2005
Tokuo Iwaisako, Olivia S. Mitchell and John Piggott
Hitotsubashi University - Institute of Economic Research, University of Pennsylvania - The Wharton School and University of New South Wales (UNSW) - Australian School of Business, School of Economics
Downloads 390 (107,161)
Citation 5

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24.

Public Pension Governance, Funding, and Performance: A Longitudinal Appraisal

Pension Research Council WP2005-2
Number of pages: 40 Posted: 13 Jul 2005
Olivia S. Mitchell and Tongxuan Yang
University of Pennsylvania - The Wharton School and University of Pennsylvania - Insurance & Risk Management Department
Downloads 383 (109,411)
Citation 1

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25.
Downloads 379 (110,691)
Citation 98

Financial Literacy Around the World: An Overview

Netspar Discussion Paper No. 02/2011-023
Number of pages: 20 Posted: 19 Apr 2011
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 309 (137,421)
Citation 108

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Financial Literacy Around the World: an Overview

NBER Working Paper No. w17107
Number of pages: 19 Posted: 06 Jun 2011 Last Revised: 31 Mar 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 70 (452,440)

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Ambiguity Aversion and Household Portfolio Choice Puzzles: Empirical Evidence

Netspar Discussion Paper No. 09/2012-035 - revised version May 2015
Number of pages: 66 Posted: 16 Oct 2012 Last Revised: 05 Jan 2016
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 201 (210,285)
Citation 17

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ambiguity aversion, stock market participation, household portfolio puzzles, homebias, own-company stock puzzle, portfolio under-diversification, household finance

Ambiguity Aversion and Household Portfolio Choice Puzzles: Empirical Evidence

Pension Research Council WP 2012-20
Number of pages: 65 Posted: 11 Oct 2012 Last Revised: 18 Feb 2020
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 105 (353,167)
Citation 38

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ambiguity aversion, stock market participation, household portfolio puzzles, homebias, own-company stock puzzle, portfolio under-diversification, household finance

Ambiguity Aversion and Household Portfolio Choice: Empirical Evidence

NBER Working Paper No. w18743
Number of pages: 59 Posted: 26 Jan 2013 Last Revised: 20 Mar 2022
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 63 (478,143)
Citation 1

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27.
Downloads 368 (114,424)
Citation 4

The Outlook for Financial Literacy

Pension Research Council WP 2010-25
Number of pages: 20 Posted: 21 Oct 2010 Last Revised: 26 Nov 2011
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 292 (145,766)
Citation 4

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financial literacy, retirement, saving, education, income, investment, counseling

The Outlook for Financial Literacy

NBER Working Paper No. w17077
Number of pages: 20 Posted: 23 May 2011 Last Revised: 28 Feb 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 76 (432,248)
Citation 1

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Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values

FEDS Working Paper No. 2008-04
Number of pages: 28 Posted: 15 Jan 2009
University of Pennsylvania - The Wharton School, Board of Governors of the Federal Reserve System, University of Pennsylvania - The Wharton School and Barclays Capital
Downloads 297 (143,203)
Citation 3

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Pension assets, pension accounting, value-relevance, FAS 87

Footnotes Aren't Enough: The Impact of Pension Accounting on Stock Values

NBER Working Paper No. w13726
Number of pages: 27 Posted: 11 Jan 2008 Last Revised: 04 Jul 2022
Barclays Capital, University of Pennsylvania - The Wharton School, Board of Governors of the Federal Reserve System and University of Pennsylvania - The Wharton School
Downloads 71 (448,916)

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29.

Investment Patterns in Singapore's Central Provident Fund System

Pension Research Council WP2006-12
Number of pages: 38 Posted: 03 Oct 2006
Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School, Singapore Management University and National University of Singapore
Downloads 353 (119,851)
Citation 7

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30.
Downloads 352 (120,225)
Citation 108

Planning and Financial Literacy: How Do Women Fare?

Michigan Retirement Research Center Research Paper No., WP 2006-136
Number of pages: 25 Posted: 17 Feb 2008 Last Revised: 29 Nov 2011
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 265 (161,059)
Citation 107

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retirement planning, financial knowledge, financial security, women

Planning and Financial Literacy: How Do Women Fare?

NBER Working Paper No. w13750
Number of pages: 12 Posted: 24 Jan 2008 Last Revised: 29 Jul 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 87 (398,777)
Citation 7

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31.

How Financial Literacy and Impatience Shape Retirement Wealth and Investment Behaviors

Michigan Retirement Research Center Research Paper No. 2010-233, Wharton Pension Research Council Working Paper No. 2018-10
Number of pages: 29 Posted: 17 Nov 2010
Justine S. Hastings and Olivia S. Mitchell
Brown University and University of Pennsylvania - The Wharton School
Downloads 272 (157,527)
Citation 12

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Financial Literacy and Planning: Implications for Retirement Wellbeing

NBER Working Paper No. w17078
Number of pages: 38 Posted: 23 May 2011 Last Revised: 02 Mar 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 250 (171,294)
Citation 16

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Financial Literacy and Planning: Implications for Retirement Wellbeing

Published in Mitchell, O. and A. Lusardi (Eds.) (2011). Financial Literacy: Implications for Retirement Security and the Financial Marketplace. Oxford, UK: Oxford University Press., Michigan Retirement Research Center Research Paper No. WP 2005-108
Posted: 21 Feb 2008 Last Revised: 03 Apr 2020
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School

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33.
Downloads 245 (174,628)
Citation 69

Optimal Financial Knowledge and Wealth Inequality

Global Financial Literacy Excellence Center Working Paper No. 2014-3
Number of pages: 64 Posted: 27 Mar 2015
Annamaria Lusardi, Pierre-Carl Michaud and Olivia S. Mitchell
George Washington University - Department of Accountancy, University of Quebec at Montreal (UQAM) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 172 (241,201)
Citation 29

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financial knowledge, wealth inequality

Optimal Financial Knowledge and Wealth Inequality

GFLEC Working Paper Series No. 2014- 002
Number of pages: 52 Posted: 14 Apr 2013 Last Revised: 10 Sep 2015
Annamaria Lusardi, Pierre-Carl Michaud and Olivia S. Mitchell
George Washington University - Department of Accountancy, University of Quebec at Montreal (UQAM) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 55 (510,786)
Citation 1

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Optimal Financial Knowledge and Wealth Inequality

NBER Working Paper No. w18669
Number of pages: 49 Posted: 05 Jan 2013 Last Revised: 07 Jul 2022
Annamaria Lusardi, Pierre-Carl Michaud and Olivia S. Mitchell
George Washington University - Department of Accountancy, University of Quebec at Montreal (UQAM) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 18 (741,336)
Citation 35

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34.

Who Values the Social Security Annuity? New Evidence on the Annuity Puzzle

NBER Working Paper No. W13800
Number of pages: 30 Posted: 13 Feb 2008
Jeffrey R. Brown, Marcus D. Casey and Olivia S. Mitchell
University of Illinois at Urbana-Champaign - Department of Finance, University of Illinois at Urbana-Champaign - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 240 (178,142)

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Implications for Retirement Wellbeing of Financial Literacy and Planning

Pension Research Council WP 2010-26
Number of pages: 38 Posted: 22 Oct 2010 Last Revised: 26 Nov 2011
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 239 (178,838)

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retirement, financial planning, literacy, interest, inflation, education, planning, knowledge

36.

Exploring the Risks and Consequences of Elder Fraud Victimization: Evidence from the Health and Retirement Study

Michigan Retirement Research Center Research Paper No. 2017-364, Wharton Pension Research Council Working Paper No. 2018-06
Number of pages: 28 Posted: 20 Feb 2018 Last Revised: 25 Feb 2020
Stanford University - Stanford Center on Longevity, Stanford University - Stanford Center on Longevity, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 233 (183,172)
Citation 9

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elder fraud, risk factors, demographic determinants

37.

Using a Life Cycle Model to Evaluate Financial Literacy Program Effectiveness

Netspar Discussion Paper No. 02/2015-043
Number of pages: 43 Posted: 23 Dec 2015
Annamaria Lusardi, Pierre-Carl Michaud and Olivia S. Mitchell
George Washington University - Department of Accountancy, University of Quebec at Montreal (UQAM) - Department of Economics and University of Pennsylvania - The Wharton School
Downloads 229 (186,231)
Citation 3

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Life cycle model, financial literacy, financial decision-making, financial education, program evaluation, difference-in-difference

Building Better Retirement Systems in the Wake of the Global Pandemic

CFS Working Paper, No. 644, 2020
Number of pages: 55 Posted: 17 Nov 2020
Olivia S. Mitchell
University of Pennsylvania - The Wharton School
Downloads 90 (390,447)
Citation 2

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Building Better Retirement Systems in the Wake of the Global Pandemic

Wharton Pension Research Council Working Paper No. 2020-08
Number of pages: 57 Posted: 02 Jun 2020 Last Revised: 30 Apr 2021
Olivia S. Mitchell
University of Pennsylvania - The Wharton School
Downloads 85 (404,508)

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COVID-19, coronavirus, pandemic, retirement planning, retirement systems, pensions, annuities, financial literacy, impact of low returns, insurance, financial literacy

Building Better Retirement Systems in the Wake of the Global Pandemic

NBER Working Paper No. w27261
Number of pages: 52 Posted: 02 Jun 2020 Last Revised: 27 Jun 2022
Olivia S. Mitchell
University of Pennsylvania - The Wharton School
Downloads 42 (573,542)

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Downloads 217 (196,051)
Citation 5

Strengthening Employment-Based Pensions in Japan

Pension Research Council Working Paper No. 2002-1
Number of pages: 35 Posted: 04 Mar 2002
Olivia S. Mitchell and Robert L. Clark
University of Pennsylvania - The Wharton School and North Carolina State University - Poole College of Management
Downloads 164 (251,146)

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Strengthening Employment-Based Pensions in Japan

NBER Working Paper No. w8891
Number of pages: 40 Posted: 11 Apr 2002 Last Revised: 18 Apr 2022
Robert L. Clark and Olivia S. Mitchell
North Carolina State University - Poole College of Management and University of Pennsylvania - The Wharton School
Downloads 53 (519,633)

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Reforming German Civil Servant Pensions: Funding Policy, Investment Strategy, and Intertemporal Risk Budgeting

Pension Research Council Working Paper No. 2008-09
Number of pages: 36 Posted: 09 Jul 2008
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla and Ralph Rogalla
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
Downloads 214 (198,537)
Citation 6

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Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum

SAFE Working Paper No. 84
Number of pages: 42 Posted: 21 Feb 2015
Goethe University Frankfurt, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
Downloads 159 (257,998)
Citation 1

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Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension

Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum

Michigan Retirement Research Center Research Paper No. 2014-308
Number of pages: 39 Posted: 20 Dec 2014
Goethe University Frankfurt, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
Downloads 30 (645,798)
Citation 5

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Social Security, annuity, delayed retirement, lump sum, lifetime income, FRA, full retirement age, pension

Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum

Pension Research Council WP 2014-22
Number of pages: 38 Posted: 13 Nov 2014
Goethe University Frankfurt, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
Downloads 24 (690,604)
Citation 1

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Annuity, lump sum, Social Security, delayed retirement, lifetime income, pension

Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field

Wharton Pension Research Council Working Paper No. 2018-09
Number of pages: 60 Posted: 20 Aug 2018 Last Revised: 02 Sep 2020
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 187 (224,246)
Citation 1

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household finance, behavioral economics, probability weighting, rank dependent utility, cumulative prospect theory, salience theory, portfolio underdiversification, household portfolio puzzles

Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field

NBER Working Paper No. w24928
Number of pages: 53 Posted: 22 Aug 2018 Last Revised: 11 Feb 2022
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 19 (732,505)
Citation 1

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Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field

CEPR Discussion Paper No. DP13109
Number of pages: 55 Posted: 21 Aug 2018
National University of Singapore, Mahidol University, University of Pennsylvania - The Wharton School and Netspar
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cumulative prospect theory, household finance, household portfolio puzzles, portfolio underdiversification, probability weighting, rank dependent utility, Stock Market Participation

International Adverse Selection in Life Insurance and Annuities

Pension Research Council
Number of pages: 31 Posted: 30 Jun 2006
Olivia S. Mitchell and David McCarthy
University of Pennsylvania - The Wharton School and Imperial College Business School
Downloads 126 (309,990)
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International Adverse Selection in Life Insurance and Annuities

NBER Working Paper No. w9975
Number of pages: 31 Posted: 21 Sep 2003 Last Revised: 04 Apr 2022
David McCarthy and Olivia S. Mitchell
Imperial College Business School and University of Pennsylvania - The Wharton School
Downloads 82 (413,272)
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Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts

Pension Research Council WP 2009-04
Number of pages: 33 Posted: 28 May 2009 Last Revised: 26 Nov 2011
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 90 (390,447)
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Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts

Michigan Retirement Research Center Research Paper No. 2009-204
Number of pages: 34 Posted: 24 Sep 2009
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 75 (435,452)
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Extending Life Cycle Models of Optimal Portfolio Choice: Integrating Flexible Work, Endogenous Retirement, and Investment Decisions with Lifetime Payouts

NBER Working Paper No. w15079
Number of pages: 33 Posted: 16 Jun 2009 Last Revised: 16 Mar 2022
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
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Citation 10

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45.

Financial Literacy and Financial Behavior at Older Ages

Wharton Pension Research Council Working Paper No. 2022-01
Number of pages: 25 Posted: 12 Jan 2022
Olivia S. Mitchell and Annamaria Lusardi
University of Pennsylvania - The Wharton School and George Washington University - Department of Accountancy
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Financial well-being, financial literacy, financial education, financial behavior

46.

Retirement Preparedness and Financial Literacy in Singapore: How Do the Self-Employed Compare?

Wharton Pension Research Council Working Paper No. 2019-01
Number of pages: 35 Posted: 12 Feb 2020
Benedict S. Koh and Olivia S. Mitchell
Singapore Management University - Lee Kong Chian School of Business and University of Pennsylvania - The Wharton School
Downloads 192 (219,212)
Citation 2

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gig economy, financial literacy, investment, household portfolios, pension, Central Provident Fund, retirement, saving

Target Date Funds and Portfolio Choice in 401(k) Plans

Wharton Pension Research Council Working Paper No. 2020-03
Number of pages: 35 Posted: 12 Feb 2020
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
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automatic enrollment, pension, portfolio allocation, endorsement effect, default effect, retirement saving, 401(k)

Target Date Funds and Portfolio Choice in 401(k) Plans

Center for Financial Studies Working Paper No. 661, 2021
Number of pages: 44 Posted: 03 Feb 2022
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
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automatic enrollment, pension, portfolio allocation, endorsement effect, default effect

Target Date Funds and Portfolio Choice in 401(K) Plans

NBER Working Paper No. w26684
Number of pages: 34 Posted: 22 Jan 2020 Last Revised: 30 May 2022
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
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48.

The Impact of Health Status and Out-of-Pocket Medical Expenditures on Annuity Valuation

Michigan Retirement Research Center Research Paper No. WP 2004-086
Number of pages: 32 Posted: 14 Feb 2008
cassio turra and Olivia S. Mitchell
affiliation not provided to SSRN and University of Pennsylvania - The Wharton School
Downloads 192 (219,212)
Citation 32

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49.

Social Security Replacement Rates for Own Earnings Benchmarks

Pension Research Council Working Paper No. 2006-6
Number of pages: 24 Posted: 16 Jun 2006
Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 192 (219,212)
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50.
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Citation 3

Narrow Framing and Long-Term Care Insurance

Pension Research Council Working Paper No. 2015-03
Number of pages: 27 Posted: 20 Mar 2015
Daniel Gottlieb and Olivia S. Mitchell
London School of Economics and University of Pennsylvania - The Wharton School
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Narrow Framing and Long-Term Care Insurance

Michigan Retirement Research Center Working Paper No. WP 2015 - 321
Number of pages: 32 Posted: 28 Aug 2015
Daniel Gottlieb and Olivia S. Mitchell
London School of Economics and University of Pennsylvania - The Wharton School
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Long-term care insurance, narrow framing, risk aversion

Narrow Framing and Long-Term Care Insurance

NBER Working Paper No. w21048
Number of pages: 27 Posted: 30 Mar 2015 Last Revised: 07 Jul 2022
Daniel Gottlieb and Olivia S. Mitchell
London School of Economics and University of Pennsylvania - The Wharton School
Downloads 7 (850,941)
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51.

Turning Wealth into Lifetime Income: The Challenge Ahead

Pension Research Council WP 2010-13
Number of pages: 17 Posted: 18 Sep 2010 Last Revised: 26 Nov 2011
Olivia S. Mitchell and John Piggott
University of Pennsylvania - The Wharton School and University of New South Wales (UNSW) - Australian School of Business, School of Economics
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annuities, markets, longevity, insurance, mortality, countries, policy, pension, government, retirement

Financial Literacy and Retirement Planning in the United States

Netspar Discussion Paper No. 02/2011-022
Number of pages: 30 Posted: 20 Apr 2011
Olivia S. Mitchell and Annamaria Lusardi
University of Pennsylvania - The Wharton School and George Washington University - Department of Accountancy
Downloads 119 (323,376)
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retirement, pensions, saving, financial literacy, financial capability

Financial Literacy and Retirement Planning in the United States

NBER Working Paper No. w17108
Number of pages: 29 Posted: 06 Jun 2011 Last Revised: 01 Apr 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
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Financial Literacy and Financial Sophistication Among Older Americans

Pension Research Council Working Paper No. 25
Number of pages: 32 Posted: 04 Nov 2009 Last Revised: 26 Nov 2011
Olivia S. Mitchell, Annamaria Lusardi and Vilsa Curto
University of Pennsylvania - The Wharton School, George Washington University - Department of Accountancy and National Bureau of Economic Research (NBER)
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Financial Literacy and Financial Sophistication Among Older Americans

NBER Working Paper No. w15469
Number of pages: 32 Posted: 09 Nov 2009 Last Revised: 09 Apr 2022
Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)
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54.
Downloads 182 (229,581)
Citation 1

Socially Responsible Investment in Japanese Pensions

Pension Research Council Working Paper
Number of pages: 22 Posted: 30 Jun 2006
Henry Hongho Jin, John Piggott and Olivia S. Mitchell
University of New South Wales - Centre for Pensions and Superannuation, University of New South Wales (UNSW) - Australian School of Business, School of Economics and University of Pennsylvania - The Wharton School
Downloads 141 (284,374)
Citation 1

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Socially Responsible Investment in Japanese Pensions

NBER Working Paper No. w11747
Number of pages: 22 Posted: 01 Feb 2006 Last Revised: 06 Feb 2022
Henry Hongho Jin, Olivia S. Mitchell and John Piggott
University of New South Wales - Centre for Pensions and Superannuation, University of Pennsylvania - The Wharton School and University of New South Wales (UNSW) - Australian School of Business, School of Economics
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Debt and Financial Vulnerability on the Verge of Retirement

Wharton Pension Research Council Working Paper No. 2017-15
Number of pages: 43 Posted: 16 Aug 2017
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
Downloads 119 (323,376)
Citation 14

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debt, financial fragility, financial literacy, retirement planning

Debt and Financial Vulnerability on the Verge of Retirement

CFS Working Paper, No. 574
Number of pages: 46 Posted: 20 Sep 2017 Last Revised: 18 Jan 2018
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
Downloads 48 (542,947)
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Debt and Financial Vulnerability on the Verge of Retirement

NBER Working Paper No. w23664
Number of pages: 43 Posted: 17 Aug 2017 Last Revised: 28 Feb 2021
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
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56.

Cognitive Constraints on Valuing Annuities

Pension Research Council WP 2014-21
Number of pages: 99 Posted: 13 Nov 2014
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California, Dartmouth College and University of Pennsylvania - The Wharton School
Downloads 175 (237,420)
Citation 18

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annuity, retirement income, Social Security, financial literacy, cognition

57.

First-Round Impacts of the 2008 Chilean Pension System Reform

Michigan Retirement Research Center Research Paper No. WP 2011-245
Number of pages: 28 Posted: 17 Nov 2011
University of Pennsylvania - Department of Economics, affiliation not provided to SSRN, University of Pennsylvania - The Wharton School, affiliation not provided to SSRN and Centro Encuestas y Estudios Longitudinales Universidad Catolica
Downloads 175 (237,420)
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Chilean pension, retirement, basic solidarity pension

58.

Older Adult Debt and Financial Frailty

Michigan Retirement Research Center Research Paper No. 2013-291
Number of pages: 27 Posted: 11 Jan 2014
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 174 (238,600)
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older adults, debt, retirement, financial literacy, Baby Boomers

59.

Debt Close to Retirement and Its Implications for Retirement Well-being

CFS Working Paper, No. 631, 2019, Wharton Pension Research Council Working Paper No. 2019-08
Number of pages: 30 Posted: 06 Nov 2019 Last Revised: 23 Feb 2022
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
Downloads 173 (239,757)
Citation 3

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60.
Downloads 167 (246,934)
Citation 5

Financial Knowledge and 401(K) Investment Performance

Number of pages: 31 Posted: 27 Mar 2015 Last Revised: 28 Mar 2015
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 81 (416,279)
Citation 3

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financial knowledge, retirement planning, investment performance

Financial Knowledge and 401(K) Investment Performance

Pension Research Council WP 2014-02
Number of pages: 29 Posted: 12 Nov 2014
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
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Financial Knowledge and 401(K) Investment Performance

NBER Working Paper No. w20137
Number of pages: 29 Posted: 19 May 2014 Last Revised: 09 Jan 2022
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 41 (578,929)
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61.

Complexity as a Barrier to Annuitization: Do Consumers Know How to Value Annuities?

Pension Research Council WP 2013-01
Number of pages: 50 Posted: 04 Apr 2013
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California, Dartmouth College and University of Pennsylvania - The Wharton School
Downloads 164 (250,723)
Citation 11

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62.
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Citation 8

Financial Literacy, Schooling, and Wealth Accumulation

Pension Research Council Working Paper No. 2010-24
Number of pages: 44 Posted: 08 Oct 2010 Last Revised: 26 Nov 2011
Jere Behrman, Olivia S. Mitchell, Cindy Soo and David Bravo
University of Pennsylvania - Department of Economics, University of Pennsylvania - The Wharton School, affiliation not provided to SSRN and Centro Encuestas y Estudios Longitudinales Universidad Catolica
Downloads 106 (350,877)
Citation 10

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financial literacy, education, schooling, pension, retirement, wealth,

Financial Literacy, Schooling, and Wealth Accumulation

NBER Working Paper No. w16452
Number of pages: 44 Posted: 18 Oct 2010 Last Revised: 16 Jun 2022
Jere Behrman, Olivia S. Mitchell, Cindy Soo and David Bravo
University of Pennsylvania - Department of Economics, University of Pennsylvania - The Wharton School, affiliation not provided to SSRN and Centro Encuestas y Estudios Longitudinales Universidad Catolica
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63.

Longevity Risk Management in Singapore’s National Pension System

Pension Research Council WP 2010-10
Number of pages: 31 Posted: 18 Sep 2010 Last Revised: 13 Nov 2013
Joelle H. Fong, Olivia S. Mitchell and Benedict S. Koh
National University of Singapore, University of Pennsylvania - The Wharton School and Singapore Management University - Lee Kong Chian School of Business
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annuity, singapore, mortality, payouts, adverse selection, population, insurance, premium, retirees

Putting the Pension Back in 401(K) Plans: Optimal Versus Default Longevity Income Annuities

SAFE Working Paper No. 150
Number of pages: 41 Posted: 19 Oct 2016
Vanya Horneff, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 127 (308,198)
Citation 1

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dynamic portfolio choice, longevity risk, variable annuity, retirement income

Putting the Pension Back in 401(K) Plans: Optimal Versus Default Longevity Income Annuities

NBER Working Paper No. w22717
Number of pages: 38 Posted: 10 Oct 2016 Last Revised: 29 Jul 2022
Vanya Horneff, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
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65.

Taxing Retirement Income: Nonqualified Annuities and Distributions from Qualified Accounts

NBER Working Paper No. w7268
Number of pages: 47 Posted: 20 Mar 2000 Last Revised: 13 May 2022
University of Illinois at Urbana-Champaign - Department of Finance, University of Pennsylvania - The Wharton School, National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Department of Economics and Towers Watson
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66.
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Citation 31

Decision Complexity as a Barrier to Annuitization

CESR Working Paper No. 2013-004
Number of pages: 40 Posted: 01 Oct 2013
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California, Dartmouth College and University of Pennsylvania - The Wharton School
Downloads 73 (442,045)
Citation 6

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Annuities, Consumer Behavior

Decision Complexity as a Barrier to Annuitization

Netspar Discussion Paper No. 06/2013-058
Number of pages: 40 Posted: 20 Nov 2013
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California, Dartmouth College and University of Pennsylvania - The Wharton School
Downloads 67 (463,141)
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Cognitive Constraints on Valuing Annuities

NBER Working Paper No. w19168
Number of pages: 42 Posted: 29 Jun 2013 Last Revised: 18 May 2022
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California, Dartmouth College and University of Pennsylvania - The Wharton School
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Citation 12

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67.

Retirement in Japan and the United States: Cross-National Comparisons Using the Japanese Study of Aging and Retirement (JSTAR) and the U.S. Health and Retirement Study (HRS)

Michigan Retirement Research Center Research Paper No. 2012-270
Number of pages: 52 Posted: 18 Jun 2013
Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 160 (256,110)

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retirement, retirement policy, Japan, labor force participation, older workers, financial literacy

Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes

Pension Research Council WP2005-17
Number of pages: 18 Posted: 02 Nov 2005
WU (Vienna University of Economics and Business), University of Pennsylvania - The Wharton School and Temple University - Risk Management & Insurance & Actuarial Science
Downloads 158 (259,372)
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Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes

Insurance: Mathematics and Economics, Forthcoming, Pension Research Council WP2005-17
Posted: 21 Jul 2006
WU (Vienna University of Economics and Business), University of Pennsylvania - The Wharton School and Temple University - Risk Management & Insurance & Actuarial Science

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69.

Cost Structures of Investment Offerings in Singapore's Central Provident Fund

Pension Research Council Paper No. WP2007-12
Number of pages: 48 Posted: 07 Jun 2007
Benedict S. Koh, Olivia S. Mitchell and Joelle H. Fong
Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School and National University of Singapore
Downloads 155 (262,824)

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70.

Pension Payouts in Chile: Past, Present, and Future Prospects

Pension Research Council WP 2009-07
Number of pages: 35 Posted: 23 Sep 2009 Last Revised: 26 Nov 2011
Olivia S. Mitchell and Jose Ruiz
University of Pennsylvania - The Wharton School and affiliation not provided to SSRN
Downloads 152 (266,967)
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annuitiy, pension, Chile, system, benefits, balance, mortality, scomp, payments, retirement, insurance

71.

Dimensions of 401(K) Plan Design

Pension Research Council WP2005-05
Number of pages: 29 Posted: 30 Jun 2006
Olivia S. Mitchell, Stephen P. Utkus and Tongxuan Yang
University of Pennsylvania - The Wharton School, University of Pennsylvania and University of Pennsylvania - Insurance & Risk Management Department
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72.

Modeling Lifetime Earnings Paths: Hypothetical Versus Actual Workers

Boettner Center for Pensions and Retirement Research Working Paper No. BWP2004-3, Michigan Retirement Research Center Research Paper No., WP 2004-074
Number of pages: 38 Posted: 22 Jun 2004
Andrew Au, Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School, University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 147 (274,273)
Citation 5

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73.

Mortality Risk, Inflation Risk, and Annuity Products

NBER Working Paper No. w7812
Number of pages: 34 Posted: 25 Jul 2000 Last Revised: 08 May 2022
University of Illinois at Urbana-Champaign - Department of Finance, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 147 (274,273)
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The Effect of Uncertain Labor Income and Social Security on Life-Cycle Portfolios

Pension Research Council WP 2009-06
Number of pages: 22 Posted: 06 Jul 2009
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla and Ralph Rogalla
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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The Effect of Uncertain Labor Income and Social Security on Life-Cycle Portfolios

NBER Working Paper No. w15682
Number of pages: 21 Posted: 25 Jan 2010 Last Revised: 09 May 2021
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla and Ralph Rogalla
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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The Efficiency of Pension Plan Investment Menus: Investment Choices in Defined Contribution Pension Plans

Michigan Retirement Research Center Research Paper No. WP 2008-176
Number of pages: 33 Posted: 09 Jul 2008
Ning Tang and Olivia S. Mitchell
University of Pennsylvania - The Wharton School and University of Pennsylvania - The Wharton School
Downloads 143 (280,258)
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Employee Financial Literacy and Retirement Behavior: A Case Study

Wharton Pension Research Council Working Paper No. 2016-02
Number of pages: 23 Posted: 01 Sep 2015 Last Revised: 25 Feb 2020
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 122 (317,561)
Citation 1

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financial literacy, retirement planning

Employee Financial Literacy and Retirement Plan Behavior: A Case Study

NBER Working Paper No. w21461
Number of pages: 21 Posted: 18 Aug 2015 Last Revised: 21 Feb 2021
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
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77.

Putting the Pension Back in 401(k) Retirement Plans: Optimal versus Default Longevity Income Annuities

Center for Financial Studies Working Paper No. 607
Number of pages: 43 Posted: 16 Dec 2018
Vanya Horneff, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 140 (284,935)
Citation 2

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life cycle saving, household finance, annuity, longevity risk, 401(k) plan, retirement

78.

Technical Review Panel for the Pension Insurance Modeling System (PIMS)

Michigan Retirement Research Center Research Paper No. 2013-290, Simon School Working Paper No. FR 13-32
Number of pages: 265 Posted: 11 Jan 2014
University of Pennsylvania - The Wharton School, University of Pennsylvania - The Wharton School, Finance Department, Simon Business School, University of Rochester, Goethe University Frankfurt - Finance Department, Mercer Human Resource Consulting, Independent, Independent, Independent, EDHEC Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - The Wharton School - Finance and Insurance Departments
Downloads 139 (286,555)
Citation 1

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pensions, insurance

79.
Downloads 136 (291,472)
Citation 3

Financial Sophistication in the Older Population

The Wharton School Research Paper No. 25
Number of pages: 28 Posted: 22 May 2012
Vilsa Curto, Annamaria Lusardi and Olivia S. Mitchell
National Bureau of Economic Research (NBER), George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 79 (422,514)

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Financial Sophistication in the Older Population

Pension Research Council WP 2012-01
Number of pages: 28 Posted: 25 Feb 2012 Last Revised: 05 Apr 2013
Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)
Downloads 34 (619,487)

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Financial Sophistication in the Older Population

NBER Working Paper No. w17863
Number of pages: 28 Posted: 24 Feb 2012 Last Revised: 24 Apr 2022
Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)
Downloads 23 (698,639)

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Understanding Debt in the Older Population

Wharton Pension Research Council Working Paper No. 2020-04
Number of pages: 32 Posted: 18 Feb 2020 Last Revised: 11 Dec 2020
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
Downloads 131 (301,027)
Citation 1

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Retirement, debt, medical bills, student loans, mortgages, financial literacy, financial fragility

Understanding Debt in the Older Population

NBER Working Paper No. w28236
Number of pages: 31 Posted: 21 Dec 2020 Last Revised: 25 Feb 2022
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
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Understanding Debt in the Older Population

CEPR Discussion Paper No. DP15568
Number of pages: 33 Posted: 23 Dec 2020
Annamaria Lusardi, Olivia S. Mitchell and Noemi Oggero
George Washington University - Department of Accountancy, University of Pennsylvania - The Wharton School and University of Turin
Downloads 1 (929,419)
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81.

Collective Investments for Pension Saving: Lessons from Singapore’s Central Provident Fund Scheme

Pension Research Council WP 2010-01
Number of pages: 25 Posted: 21 Jan 2010 Last Revised: 13 Nov 2013
Benedict S. Koh, Olivia S. Mitchell and Joelle H. Fong
Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School and National University of Singapore
Downloads 135 (293,091)

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pension, retirement, investment, portfolio, investment choice, return and risk, trusts, managers, Singapore, Pension Research Council

82.
Downloads 134 (294,742)
Citation 2

Financial Fragility During the COVID-19 Pandemic

Wharton Pension Research Council Working Paper No. 2020-25
Number of pages: 12 Posted: 04 Nov 2020 Last Revised: 15 Jan 2021
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 104 (355,464)

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Financial literacy, financial resilience, older population, vulnerable groups

Financial Fragility During the Covid-19 Pandemic

NBER Working Paper No. w28207
Number of pages: 20 Posted: 21 Dec 2020 Last Revised: 29 Jul 2022
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
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Financial Fragility During the COVID-19 Pandemic

CEPR Discussion Paper No. DP15532
Number of pages: 22 Posted: 23 Dec 2020
Robert L. Clark, Annamaria Lusardi and Olivia S. Mitchell
North Carolina State University - Poole College of Management, George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
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Citation 2
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Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply

Michigan Retirement Research Center Research Paper No. WP 2011-246
Number of pages: 33 Posted: 17 Nov 2011
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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retirement, financial crisis, retirement savings, labor supply

Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply

Netspar Discussion Paper No. 06/2011-051
Number of pages: 38 Posted: 01 Jul 2011 Last Revised: 26 Nov 2011
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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Lifecycle Impacts of the Financial and Economic Crisis on Household Optimal Consumption, Portfolio Choice, and Labor Supply

NBER Working Paper No. w17134
Number of pages: 37 Posted: 20 Jun 2011 Last Revised: 27 Apr 2022
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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84.

Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities Versus Phased Withdrawal Plans

Michigan Retirement Research Center Research Paper No. WP 2003-063
Number of pages: 44 Posted: 12 Feb 2008
Ivica Dus, Raimond Maurer and Olivia S. Mitchell
University of Frankfurt, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 129 (303,366)
Citation 35

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Cross-Cohort Differences in Health on the Verge of Retirement

NBER Working Paper No. w12762
Number of pages: 34 Posted: 15 Dec 2006 Last Revised: 16 May 2022
Beth J. Soldo, Olivia S. Mitchell, Rania Tfaily and John F. McCabe
Population Studies Center, University of Pennsylvania - The Wharton School, Carleton University and Population Studies Center
Downloads 69 (455,952)

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Cross-Cohort Differences in Health on the Verge of Retirement

PRC Working Paper Series No. WP2006-18
Number of pages: 34 Posted: 03 Oct 2006
Beth J. Soldo, Olivia S. Mitchell, Rania Tfaily and John F. McCabe
Population Studies Center, University of Pennsylvania - The Wharton School, Carleton University and Population Studies Center
Downloads 60 (490,097)

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Optimizing the Retirement Portfolio: Asset Allocation, Annuitization, and Risk Aversion

NBER Working Paper No. w12392
Number of pages: 29 Posted: 03 Aug 2006 Last Revised: 13 May 2022
Wolfram J. Horneff, Raimond Maurer, Olivia S. Mitchell and Ivica Dus
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and University of Frankfurt
Downloads 129 (304,635)

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Optimizing the Retirement Portfolio: Asset Allocation, Annuitization, and Risk Aversion

Pension Research Council (PRC) Working Paper
Posted: 17 Jul 2006
Wolfram J. Horneff, Olivia S. Mitchell, Raimond Maurer and Ivica Dus
Goethe University Frankfurt - Department of Finance, University of Pennsylvania - The Wharton School, Goethe University Frankfurt - Finance Department and University of Frankfurt

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Optimizing the Retirement Portfolio: Asset Allocation, Annuitization, and Risk Aversion

Michigan Retirement Research Center Research Paper No. WP 2006-124
Posted: 19 Feb 2008
Wolfram J. Horneff, Raimond Maurer, Olivia S. Mitchell and Ivica Dus
Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and University of Frankfurt

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The Role of Economic Policy in Social Security Reform: Perspectives from the President's Commission

Wharton School, PRC Working Paper No. 2002-13
Number of pages: 37 Posted: 26 Sep 2002
John F. Cogan and Olivia S. Mitchell
Stanford University - The Hoover Institution on War, Revolution and Peace and University of Pennsylvania - The Wharton School
Downloads 86 (401,694)
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The Role of Economic Policy in Social Security Reform: Perspectives from the President's Commission

NBER Working Paper No. w9166
Number of pages: 37 Posted: 15 Sep 2002 Last Revised: 20 Jul 2022
John F. Cogan and Olivia S. Mitchell
Stanford University - The Hoover Institution on War, Revolution and Peace and University of Pennsylvania - The Wharton School
Downloads 42 (573,542)

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88.

New Evidence on the Money's Worth of Individual Annuities

NBER Working Paper No. w6002
Number of pages: 47 Posted: 20 Jul 2000 Last Revised: 28 May 2022
University of Pennsylvania - The Wharton School, National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Department of Economics and Towers Watson
Downloads 128 (305,147)
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Time Is Money: Rational Life Cycle Inertia and the Delegation of Investment Management

Journal of Financial Economics (JFE), Forthcoming, Pension Research Council PRC WP2013-33
Number of pages: 63 Posted: 07 Nov 2013 Last Revised: 02 Mar 2019
Hugh Hoikwang Kim, Raimond Maurer and Olivia S. Mitchell
University of South Carolina, Darla Moore School of Business, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 92 (384,984)
Citation 40

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Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management

NBER Working Paper No. w19732
Number of pages: 57 Posted: 13 Dec 2013 Last Revised: 02 Jun 2022
Hugh Hoikwang Kim, Raimond Maurer and Olivia S. Mitchell
University of South Carolina, Darla Moore School of Business, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
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90.

The Victory of Hope Over Angst? Funding, Asset Allocation, and Risk-Taking in German Public Sector Pension Reform

Pension Research Council Paper No. WP2007-8
Number of pages: 38 Posted: 11 Apr 2007
Raimond Maurer, Olivia S. Mitchell, Ralph Rogalla and Ralph Rogalla
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
Downloads 126 (308,668)
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91.
Downloads 126 (308,668)
Citation 4

Understanding Individual Account Guarantees

Michigan Retirement Research Center Research Paper No. WP 2003-035
Number of pages: 38 Posted: 04 Feb 2008
Marie-Eve Lachance and Olivia S. Mitchell
affiliation not provided to SSRN and University of Pennsylvania - The Wharton School
Downloads 73 (442,045)
Citation 1

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Understanding Individual Account Guarantees

NBER Working Paper No. w9195
Number of pages: 36 Posted: 14 Sep 2002 Last Revised: 16 Feb 2022
Marie-Eve Lachance and Olivia S. Mitchell
affiliation not provided to SSRN and University of Pennsylvania - The Wharton School
Downloads 53 (519,633)
Citation 1

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92.

Annuities for an Ageing World

NBER Working Paper No. w9092
Number of pages: 48 Posted: 01 Aug 2002 Last Revised: 07 May 2022
Olivia S. Mitchell and David Glen McCarthy
University of Pennsylvania - The Wharton School and University of Pennsylvania - Insurance & Risk Management Department
Downloads 126 (308,668)

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93.

The Efficiency of Sponsor and Participant Portfolio Choices in 401(k) Plans

Pension Research Council Working Paper No. WP2009-08
Number of pages: 38 Posted: 12 Aug 2009 Last Revised: 26 Nov 2011
Ning Tang, Olivia S. Mitchell, Gary R. Mottola and Stephen P. Utkus
University of Pennsylvania - The Wharton School, University of Pennsylvania - The Wharton School, Research Director FINRA Foundation and University of Pennsylvania
Downloads 125 (310,485)
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pension; retirement; portfolio performance; mutual funds; spanning; investment

94.

Social Security Replacement Rates for Alternative Earnings Benchmarks

Michigan Retirement Research Center Research Paper No. WP 2006-116
Number of pages: 22 Posted: 19 Feb 2008
Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 119 (321,730)
Citation 29

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Financial Literacy and Suboptimal Financial Decisions at Older Ages

CFS Working Paper, No. 630, 2019
Number of pages: 62 Posted: 06 Nov 2019
National University of Singapore, Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School and RAND Corporation
Downloads 83 (410,324)

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Financial Literacy and Suboptimal Financial Decisions at Older Ages

Number of pages: 52 Posted: 30 Oct 2019
National University of Singapore, Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School and RAND Corporation
Downloads 35 (613,422)

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retirement, financial literacy, credit card debt, stock market nonparticipation, life-cycle investment, household portfolio

96.

Implications of the Financial Crisis for Long Run Retirement Security

Pension Research Council WP 2010-02
Number of pages: 13 Posted: 21 Jan 2010 Last Revised: 26 Nov 2011
Olivia S. Mitchell
University of Pennsylvania - The Wharton School
Downloads 118 (323,617)
Citation 1

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Retirement, pension, government, longevity, risk, insurance, management, insurance, retirees, annuities

97.

Would a Privatized Social Security System Really Pay a Higher Rate of Return

NBER Working Paper No. w6713
Number of pages: 34 Posted: 10 Jun 2000 Last Revised: 07 May 2022
John Geanakoplos, Olivia S. Mitchell and Stephen P. Zeldes
Yale University, University of Pennsylvania - The Wharton School and Columbia University - Columbia Business School, Finance
Downloads 116 (327,532)

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Optimal Social Security Claiming Behavior Under Lump Sum Incentives: Theory and Evidence

SAFE Working Paper No. 164
Number of pages: 36 Posted: 18 Jan 2017 Last Revised: 06 Feb 2017
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
Downloads 61 (486,098)

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Annuity, delayed retirement, lifetime income, pension, early retirement, Social Security

Optimal Social Security Claiming Behavior under Lump Sum Incentives: Theory and Evidence

CFS Working Paper, No. 629, 2019
Number of pages: 39 Posted: 06 Nov 2019
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
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Retirement, annuity, delayed claiming, pension, early retirement, Social Security

Optimal Social Security Claiming Behavior Under Lump Sum Incentives: Theory and Evidence

NBER Working Paper No. w23073
Number of pages: 32 Posted: 23 Jan 2017 Last Revised: 18 Jul 2022
Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School, St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance and Goethe University Frankfurt - Department of Finance
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99.

Financial Literacy and Financial Decision-Making at Older Ages

Wharton Pension Research Council Working Paper No. 2020-24
Number of pages: 60 Posted: 13 Oct 2020
National University of Singapore, Singapore Management University - Lee Kong Chian School of Business, University of Pennsylvania - The Wharton School and RAND Corporation
Downloads 111 (337,823)

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Retirement, financial literacy, credit card debt, stock market participation, life-cycle investment, household portfolio, risk diversification

100.

"Public Sector Pension Governance and Performance"

NBER Working Paper No. w4632
Number of pages: 46 Posted: 01 Jul 2000 Last Revised: 28 Feb 2021
Olivia S. Mitchell and Ping Lung Hsin
University of Pennsylvania - The Wharton School and Cornell University - School of Industrial and Labor Relations
Downloads 111 (337,823)
Citation 1

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101.

Online Appendix for 'Ambiguity Aversion and Household Portfolio Choice Puzzles: Empirical Evidence'

Journal of Financial Economics, 2016, 119(3), 559-577
Number of pages: 13 Posted: 25 May 2017 Last Revised: 12 Oct 2017
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 110 (339,926)
Citation 1

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102.

Eligibility for Social Security Disability Insurance

Michigan Retirement Research Center Research Paper No. WP 2001-011
Number of pages: 22 Posted: 17 Jan 2008
Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 110 (339,926)
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How Financial Literacy Shapes the Demand for Financial Advice at Older Ages

Wharton Pension Research Council Working Paper No. 2020-02, Journal of the Economics of Ageing, Forthcoming
Number of pages: 38 Posted: 22 Apr 2019 Last Revised: 07 Jun 2021
Hugh Hoikwang Kim, Raimond Maurer and Olivia S. Mitchell
University of South Carolina, Darla Moore School of Business, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 93 (382,349)
Citation 1

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financial advice, financial literacy, aging, money management, Health and Retirement Study

How Cognitive Ability and Financial Literacy Shape the Demand for Financial Advice at Older Ages

NBER Working Paper No. w25750
Number of pages: 20 Posted: 15 Apr 2019 Last Revised: 12 May 2022
Hugh Hoikwang Kim, Raimond Maurer and Olivia S. Mitchell
University of South Carolina, Darla Moore School of Business, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
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Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

Michigan Retirement Research Center Research Paper No. 2013-286
Number of pages: 43 Posted: 06 Aug 2013 Last Revised: 03 Sep 2013
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
Downloads 95 (377,120)
Citation 22

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dynamic portfolio choice, variable annuity, retirement income

Optimal Life Cycle Portfolio Choice with Variable Annuities Offering Liquidity and Investment Downside Protection

NBER Working Paper No. w19206
Number of pages: 41 Posted: 12 Jul 2013 Last Revised: 25 Jun 2022
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Finance Department, University of Pennsylvania - The Wharton School and St. John's University - Tobin College of Business - School of Risk Management, Insurance, and Actuarial ScienceGoethe University Frankfurt - Department of Finance
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105.

Managing Public Investment Funds: Best Practices and New Challenges

NBER Working Paper No. w14078
Number of pages: 51 Posted: 12 Jun 2008 Last Revised: 20 Jun 2022
Olivia S. Mitchell, John Piggott and Cagri S. Kumru
University of Pennsylvania - The Wharton School, University of New South Wales (UNSW) - Australian School of Business, School of Economics and Australian National University (ANU)
Downloads 109 (341,980)

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106.

New Trends in Pension Benefit and Retirement Provisions

NBER Working Paper No. w7381
Number of pages: 75 Posted: 30 Apr 2000 Last Revised: 04 Mar 2022
Olivia S. Mitchell
University of Pennsylvania - The Wharton School
Downloads 107 (346,279)

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107.
Downloads 105 (350,773)
Citation 6

Target-Date Funds in 401(K) Retirement Plans

The Wharton School Research Paper No. 26
Number of pages: 36 Posted: 22 May 2012
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 41 (578,929)

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Target-Date Funds in 401(K) Retirement Plans

Number of pages: 36 Posted: 21 Jun 2012 Last Revised: 05 Apr 2013
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 39 (589,959)
Citation 3

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Target-Date Funds in 401(K) Retirement Plans

NBER Working Paper No. w17911
Number of pages: 36 Posted: 10 Mar 2012 Last Revised: 11 Jun 2022
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 25 (682,659)

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Default, Framing and Spillover Effects: The Case of Lifecycle Funds in 401(K) Plans

Pension Research Council WP, May 2009
Number of pages: 33 Posted: 24 Jun 2009
University of Pennsylvania - The Wharton School, Research Director FINRA Foundation, University of Pennsylvania and University of Pennsylvania - The Wharton School
Downloads 83 (410,324)
Citation 1

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Default, Framing and Spillover Effects: the Case of Lifecycle Funds in 401(K) Plans

NBER Working Paper No. w15108
Number of pages: 33 Posted: 30 Jun 2009 Last Revised: 14 Apr 2022
University of Pennsylvania - The Wharton School, Research Director FINRA Foundation, University of Pennsylvania and University of Pennsylvania - The Wharton School
Downloads 22 (707,092)

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Time Discounting and Economic Decision-Making Among the Elderly

Michigan Retirement Research Center Research Paper No. 2016-347, Wharton Pension Research Council Working Paper No. 2016-05
Number of pages: 41 Posted: 14 Dec 2016
David Huffman, Raimond Maurer and Olivia S. Mitchell
IZA Institute of Labor Economics, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 69 (455,952)
Citation 3

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impatience, time preference, self-control, retirement, health, insurance

Time Discounting and Economic Decision-Making Among the Elderly

NBER Working Paper No. w22438
Number of pages: 40 Posted: 25 Jul 2016 Last Revised: 24 Apr 2022
David Huffman, Raimond Maurer and Olivia S. Mitchell
IZA Institute of Labor Economics, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 35 (613,422)
Citation 1

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110.

Financial Literacy and Financial Sophistication in the Older Population: Evidence from the 2008 HRS

Michigan Retirement Research Center Research Paper No. 2009-216
Number of pages: 33 Posted: 26 Nov 2009
Olivia S. Mitchell, Vilsa Curto and Annamaria Lusardi
University of Pennsylvania - The Wharton School, National Bureau of Economic Research (NBER) and George Washington University - Department of Accountancy
Downloads 104 (353,008)
Citation 11

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111.

How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness

NBER Working Paper No. w15350
Number of pages: 37 Posted: 15 Sep 2009 Last Revised: 12 Jun 2022
Annamaria Lusardi and Olivia S. Mitchell
George Washington University - Department of Accountancy and University of Pennsylvania - The Wharton School
Downloads 104 (353,008)
Citation 22

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112.

Projected Retirement Wealth and Savings Adequacy in the Health and Retirement Study

NBER Working Paper No. w6240
Number of pages: 44 Posted: 13 Jul 2000 Last Revised: 22 Jul 2022
James F. Moore and Olivia S. Mitchell
Pacific Investment Management Company (PIMCO) and University of Pennsylvania - The Wharton School
Downloads 104 (353,008)
Citation 1

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113.

Testing Methods to Enhance Longevity Awareness

Wharton Pension Research Council Working Paper No. 2021-07
Number of pages: 49 Posted: 10 Mar 2021 Last Revised: 20 Mar 2021
Abigail Hurwitz, Olivia S. Mitchell and Orly Sade
Hebrew University, Jerusalem Israel, University of Pennsylvania - The Wharton School and Hebrew University of Jerusalem - Department of Finance
Downloads 103 (355,235)
Citation 1

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retirement, annuity, longevity, life expectancy, behavioral economics

114.

Target-Date Funds in 401(k) Plans

Pension Research Council WP 2012-02
Number of pages: 36 Posted: 07 Mar 2012
Olivia S. Mitchell and Stephen P. Utkus
University of Pennsylvania - The Wharton School and University of Pennsylvania
Downloads 101 (359,848)

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Money-Back Guarantees in Individual Retirement Accounts: Still a Good Deal?

SAFE Working Paper No. 263 (2019), Wharton Pension Research Council Working Paper No. 2019-19, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 66 Posted: 23 Oct 2019 Last Revised: 12 Mar 2021
Vanya Horneff, Daniel Liebler, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 92 (384,984)

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individual retirement account, investment guarantee, longevity risk, retirement income, life cycle portfolio choice

Money-Back Guarantees in Individual Retirement Accounts: Still a Good Deal?

NBER Working Paper No. w26406
Number of pages: 66 Posted: 30 Oct 2019 Last Revised: 25 Feb 2022
Vanya Horneff, Daniel Liebler, Raimond Maurer and Olivia S. Mitchell
Leibniz Institute for Financial Research SAFE, Goethe University Frankfurt - Department of Finance, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 8 (840,009)

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Framing Effects and Expected Social Security Claiming Behavior

RAND Working Paper Series WR-854
Number of pages: 51 Posted: 09 May 2011
Jeffrey R. Brown, Arie Kapteyn and Olivia S. Mitchell
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California and University of Pennsylvania - The Wharton School
Downloads 73 (442,045)
Citation 1

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Framing Effects and Expected Social Security Claiming Behavior

NBER Working Paper No. w17018
Number of pages: 50 Posted: 09 May 2011 Last Revised: 03 Jul 2022
Jeffrey R. Brown, Arie Kapteyn and Olivia S. Mitchell
University of Illinois at Urbana-Champaign - Department of Finance, Dornsife Center for Economic and Social Research - University of Southern California and University of Pennsylvania - The Wharton School
Downloads 27 (667,261)

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Guaranteeing Defined Contribution Pensions: The Option to Buy-Back a Defined Benefit Promise

NBER Working Paper No. w8731
Number of pages: 26 Posted: 07 Feb 2002 Last Revised: 12 May 2022
Marie-Eve Lachance and Olivia S. Mitchell
affiliation not provided to SSRN and University of Pennsylvania - The Wharton School
Downloads 74 (438,767)
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Guaranteeing Defined Contribution Pensions: The Option to Buy Back a Defined Benefit Promise

Number of pages: 16 Posted: 21 Mar 2003
affiliation not provided to SSRN, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)University of Pennsylvania - Business & Public Policy Department
Downloads 26 (674,857)

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118.

Estimating Ambiguity Preferences and Perceptions in Multiple Prior Models: Evidence from the Field

Journal of Risk and Uncertainty, vol. 51(3), December 2015
Number of pages: 43 Posted: 05 Jun 2015 Last Revised: 04 Jan 2016
National University of Singapore, Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)Mahidol University - College of Management, University of Pennsylvania - The Wharton School and Netspar
Downloads 98 (366,947)
Citation 7

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ambiguity, decision-making under uncertainty, multiple prior models, alpha-maxmin model

Longevity Perceptions and Saving Decisions During the COVID-19 Outbreak: An Experimental Investigation

Wharton Pension Research Council Working Paper No. 2021-01
Number of pages: 12 Posted: 14 Jan 2021 Last Revised: 21 Jan 2021
Abigail Hurwitz, Olivia S. Mitchell and Orly Sade
Hebrew University, Jerusalem Israel, University of Pennsylvania - The Wharton School and Hebrew University of Jerusalem - Department of Finance
Downloads 72 (445,448)

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retirement expectations, annuity, longevity, life expectancy, framing, behavioral economics, household finance

Longevity Perceptions and Saving Decisions During the Covid-19 Outbreak: An Experimental Investigation

NBER Working Paper No. w28361
Number of pages: 13 Posted: 27 Jan 2021 Last Revised: 30 Jun 2022
Abigail Hurwitz, Olivia S. Mitchell and Orly Sade
Hebrew University, Jerusalem Israel, University of Pennsylvania - The Wharton School and Hebrew University of Jerusalem - Department of Finance
Downloads 22 (707,092)

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120.

Applications, Denials, and Appeals for Social Security Disability Insurance

Michigan Retirement Research Center Research Paper No. WP 2002-032
Number of pages: 30 Posted: 04 Feb 2008
Olivia S. Mitchell and John W. R. Phillips
University of Pennsylvania - The Wharton School and National Institutes on Aging
Downloads 94 (376,655)
Citation 2

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121.

The Role of Real Annuities and Indexed Bonds in an Individual Accounts Retirement Program

NBER Working Paper No. w7005
Number of pages: 49 Posted: 30 Mar 1999 Last Revised: 21 Feb 2022
University of Illinois at Urbana-Champaign - Department of Finance, University of Pennsylvania - The Wharton School and National Bureau of Economic Research (NBER)Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 94 (376,655)
Citation 3

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The Chilean Pension Reform Turns 25: Lessons from the Social Protection Survey

NBER Working Paper No. w12401
Number of pages: 44 Posted: 11 Oct 2006 Last Revised: 22 May 2022
University of Chile, Centro Encuestas y Estudios Longitudinales Universidad Catolica, University of Pennsylvania - Department of Economics, University of Pennsylvania - The Wharton School and University of Pennsylvania - Department of Economics
Downloads 92 (387,706)
Citation 1

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The Chilean Pension Reform Turns 25: Lessons from the Social Protection Survey

Published in Kay, S. and T. Sinha (Eds.) (2008). Lessons from Pension Reform in the Americas. Oxford, UK: Oxford University Press., Pension Research Council Working Paper No. 2006-9
Posted: 19 Jun 2006 Last Revised: 03 Apr 2020
University of Pennsylvania - The Wharton School, University of Chile, Centro Encuestas y Estudios Longitudinales Universidad Catolica, University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics

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How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios

Michigan Retirement Research Center Research Paper No. 2013-293
Number of pages: 50 Posted: 11 Jan 2014
Andreas Hubener, Raimond Maurer and Olivia S. Mitchell
Goethe University Frankfurt, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 58 (498,229)
Citation 16

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Social Security claiming, retirement planning, retirement savings, life insurance

How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios

Pension Research Council WP 2013-32
Number of pages: 48 Posted: 07 Nov 2013
Andreas Hubener, Raimond Maurer and Olivia S. Mitchell
Goethe University Frankfurt, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 23 (698,639)

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How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios

NBER Working Paper No. w19583
Number of pages: 48 Posted: 25 Oct 2013 Last Revised: 06 Jul 2022
Andreas Hubener, Raimond Maurer and Olivia S. Mitchell
Goethe University Frankfurt, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 10 (818,801)
Citation 4

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124.

Betting on Death and Capital Markets in Retirement: A Shortfall Risk Analysis of Life Annuities

NBER Working Paper No. w11271
Number of pages: 39 Posted: 31 May 2005 Last Revised: 20 Apr 2022
Ivica Dus, Raimond Maurer and Olivia S. Mitchell
University of Frankfurt, Goethe University Frankfurt - Finance Department and University of Pennsylvania - The Wharton School
Downloads 90 (386,980)

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125.

Labor Market Uncertainty and Pension System Performance

Pension Research Council WP 2009-11
Number of pages: 34 Posted: 23 Sep 2009
Olivia S. Mitchell and John A. Turner
University of Pennsylvania - The Wharton School and affiliation not provided to SSRN
Downloads 85 (400,611)
Citation 4

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