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Portfolio Study Deliverable

Release Date: April 01, 2013
Deliverable deliverable icon
Description

The report describes a study where researchers examine the impact of job displacement on wealth holdings of older workers. Using data from the Health and Retirement Study, they measure the impact of job loss on the total wealth and its subcomponents. They find that a typical worker experiences a persistent reduction in his/her wealth balances at a rate of 8 percent six or more years post job loss. Wealth shocks of this magnitude during the years leading up to retirement may jeopardize wealth adequacy during retirement.


Release Date: February 01, 2011
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Description

The goal of the report is to place the Emergency Unemployment Compensation Act of 2008 (EUC08) program (together with its many additions and amendments) into a theoretical and historical context in order to highlight the similarities and differences among similar programs.