Economists often have to deal with unobservable heterogeneity that evolves over time. One way to model such processes that are unobservable and stochastically evolve with time…
Why are American's continuing to work into their late 60s? To what extent do the changes in the Social Security program rules account for the rise of the labor supply of older…
This brief summarizes the policy analysis results of our previous three briefs. The reform considered here addresses governance through a structure to bring predictability…
This brief continues our analysis of public pension policy through the lens of the lifecycle model. We build on our previous brief by assuming (for illustrative purposes) that…
The main policy change investigated in this brief is switching newly hired public employees from the existing Defined Benefit pension system to a Defined Contribution system.
In her job market paper, Vitoria R. de Castro uses the grocery delivery sector to examine switching costs and how firms make strategic entry decisions.
Bob Littterman, alumnus and HHEI board member, testified on April 15 to the US Senate Committee on the Budget, in a hearing on the costs of inaction on climate change.
