12. Is the U.S. Population Behaving Healthier?

Chapters in this book

1. Frontmatter i
2. National Bureau of Economic Research v
3. Relation of the Directors to the Work and Publications of the National Bureau of Economic Research vi
4. Contents vii
5. Acknowledgments xi
6. Introduction 1
7. I. Innovative Approaches to Social Security Reform
8. 1. Removing the Disincentives in Social Security for Long Careers 21
9. 2. Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability 43
10. 3. Reforming Social Security with Progressive Personal Accounts 73
11. II. Retirement Plan Choice
12. 4. Who Chooses Defined Contribution Plans? 131
13. 5. The Importance of Default Options for Retirement Saving Outcomes: Evidence from the United States 167
14. III. Reducing Financial Market Risk in Personal Retirement Accounts
15. 6. Reducing the Risk of Investment-Based Social Security Reform 201
16. 7. Pricing Personal Account Benefit Guarantees: A Simplified Approach 229
17. 8. Reducing Social Security PRA Risk at the Individual Level: Life-Cycle Funds and No-Loss Strategies 255
18. 9. Changing Progressivity as a Means of Risk Protection in Investment-Based Social Security 299
19. IV. Demographics, Asset Flows, and Macroeconomic Markets
20. 10. The Decline of Defined Benefit Retirement Plans and Asset Flows 333
21. 11. Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations 385
22. V. Mortality Projections
23. 12. Is the U.S. Population Behaving Healthier? 423
24. Contributors 447
25. Author Index 451
26. Subject Index 455