PSID
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Abstract
The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world. The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families in the United States.
Research Area
Household Finance
Macro Finance
Macro and Finance
Macro Finance
Macro and Finance
Keywords
stochastic mortality risk, health jumps, labor income risk, portfolio choice, insurance, health shocks, health expenses, social security, idiosyncratic risk, aggregate risk, welfare, population aging, human capital, pension reform, retirement age, open economy, progressive taxation, education subsidy, transitional dynamics, secular stagnation, demographic change, overlapping generations, natural rate, equity premium, growth, dynamic portfolio choice, longevity risk, variable annuity, retirement income, lifecycle, business cycle, gmm estimation, skewness,persistent and transitory income shocks, risk attitudes, life-cycle model, coronavirus, stockholding, wealth shocks, expectation formation, inequality, covid-19, school closures, intergenerational persistence
JEL Classification
D91, G11, I13, C68, E27, E62, G12, H55, E17, E25, J11, J24, H21, H24, G22, D14, D31, E24, E32, H31, J31, D83, D84, D15, I24
Working Paper References
Consumption-Investment Problems with Stochastic Mortality Risk
Critical Illness Insurance in Life Cycle Portfolio Problems
Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security
Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation
On the Optimal Provision of Social Insurance
Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results
Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
Asset Pricing in OLG Economies With Borrowing Constraints and Idiosyncratic Income Risk
Higher-Order Income Risk over the Business Cycle: A Parametric Approach
Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations
The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
Critical Illness Insurance in Life Cycle Portfolio Problems
Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security
Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation
On the Optimal Provision of Social Insurance
Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results
Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
Asset Pricing in OLG Economies With Borrowing Constraints and Idiosyncratic Income Risk
Higher-Order Income Risk over the Business Cycle: A Parametric Approach
Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations
The Long-Term Distributional and Welfare Effects of Covid-19 School Closures
Topic
Consumption
Household Finance
Monetary Policy
Household Finance
Monetary Policy
Publication Type
Research Data
Link to Publication
Collections
- External Research Data [777]