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Remaking retirement : debt in an aging economy /

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Bibliographic Details
Corporate Author: UPSO (University Press Scholarship Online)
Other Authors: Mitchell S. Olivia (Editor), Lusardi Annamaria (Editor)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, 2020.
Edition:First edition.
Series:Monograph series (Wharton School. Pension Research Council)
Subjects:
Retirement > Economic aspects.
Retirement > Economic aspects > United States.
Older people > Economic conditions > 21st century.
Debt.
2000-2099
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Cover
  • Remaking Retirement: Debt in an Aging Economy
  • Copyright
  • Preface
  • Contents
  • List of Figures
  • List of Tables
  • Notes on Contributors
  • Chapter 1: Introduction: Debt in an Aging Economy
  • Age Ranges
  • Vulnerability Measures
  • Datasets Used
  • Types of Debt
  • Other Countries
  • Debt Developments in an Aging Economy
  • Retirement, Debt, and Financial Vulnerability at Older Ages
  • Policy Perspectives on Debt at Older Ages
  • Conclusions
  • References
  • Part I: Debt Developments in an Aging Economy
  • Chapter 2: Debt Close to Retirement and its Implications for Retirement Well-being
  • The National Financial Capability Study (NFCS) Sample
  • Assessing Near-retirees' Borrowing Behaviors
  • Debt by Socio-demographic Characteristics
  • Are Types of Debt Held at Older Ages Correlated?
  • Multivariate Analysis of Debt Close to Retirement
  • Inside the Black Box of Debt at Older Ages
  • Low Financial Literacy
  • Lack of Information
  • Behavioral Biases
  • Conclusion
  • Acknowledgments
  • Notes
  • References
  • Chapter 3: The Graying of American Debt
  • Measurement and Empirical Findings
  • Rising per capita US Consumer Debt from 2003 to 2017 and its Components
  • The Path from the Early 2000s to Today: Underwriting Changes and Origination Ages
  • Delinquency and Payment Burden: How Do Retirement ageBorrowers Weather their Greater Financial Obligations?
  • Heterogeneity in Debt Changes by Socioeconomic Status
  • Heterogeneity in Delinquency Trends by Socioeconomic Status
  • Conclusion
  • Acknowledgements
  • Notes
  • References
  • Chapter 4: The Risk of Financial Hardship in Retirement: A Cohort Analysis
  • Past Research on Economic Security in Retirement
  • Data and Methods
  • Measures of Economic Insecurity
  • Factors Potentially Predicting Economic Security
  • Estimation and Simulation
  • Results
  • The Changing Indebtedness of Households
  • Changing Demographics
  • Career Lengths
  • Uncertainty about Asset Returns
  • Conclusion
  • Acknowledgements
  • Notes
  • References
  • Part II: Retirement, Debt, and Financial Fragility at Older Ages
  • Chapter 5: Financial Distress among the Elderly: Bankruptcy Reform and the Financial Crisis
  • Bankruptcy Filings and Foreclosure Starts by the Elderly: New Evidence
  • Legal Background and Hypotheses