Federal Reserve Bank of San Francisco

Economic Research

Conference on Unexpected Lifecycle Events and Economic Well-Being: The Roles of Job Loss, Disability, and Changing Family Structure Federal Reserve Bank of San Francisco May 20, 2011

May 20, 2011

Location: First Floor, Yellen Conference Center

8:30 a.m. Opening Remarks

Section I. Job Loss

8:45 a.m. Job Loss in the Great Recession: Historical Perspective from the Displaced Workers Survey, 1984-2010
  Henry S. Farber, Princeton University
9:10 a.m. The Effect of Job Displacement on Cumulated Years Worked Across Two Decades and More
Till von Wachter, Columbia University
Jae Song, Social Security Administration
Joyce Manchester, Congressional Budget Office
9:35 a.m. Break
9:50 a.m. Involuntary Job Transitions and Subjective Well-Being in Later Life
  Ariel Kalil, Harris School of Public Policy Studies, University of Chicago
Thomas DeLeire, LaFollette School of Public Affairs, University of Wisconsin
10:15 a.m. How Does Late-life Job Loss Affect Wealth and Labor Supply?
Ann Huff Stevens, University of California, Davis
Jeremy G. Moulton, University of California, Davis
10:40 a.m. Discussant
Michael Hurd, RAND Corporation
11:00 a.m. Break

Section II. Health Shock

11:15 a.m.

Comparing Levels and Trends in the Prevalence, Employment and Program Participation Rates of Working-Age People with Disabilities: Reconciling Differences in the American Community Survey and the Current Population Survey
Richard V. Burkhauser, Cornell University
Andrew J. Houtenville, University of New Hampshire
Jennifer R. Tennant, Cornell University
11:40 a.m. The Economic Consequences of Disability in America: Evidence from PSID and ATUS
Bruce D. Meyer, University of Chicago
Wallace K. C. Mok, The Chinese University of Hong Kong
12:30 p.m. Lunch
Remarks: Margo Beth Crouppen, Stanford University Press
Location: Fourth Floor Market Street Dining Room
2:00 p.m. Health and Wealth in Early Retirement
Robert Haveman, University of Wisconsin-Madison
Karen Holden, University of Wisconsin-Madison
Geoffrey Wallace, University of Wisconsin-Madison
Barbara Wolfe, University of Wisconsin-Madison
2:25 p.m. Discussant
Robert Haveman, University of Wisconsin-Madison
2:45 p.m. Break

Section III. Household Structure Change

3:00 p.m. The Timing of Initial Family Formation and Women’s Wellbeing over the Lifecycle
Amalia R. Miller, University of Virginia and RAND Corporation
3:25 p.m. Impact of Divorce on Women’s Earnings and Retirement over the Life Course
Kenneth Couch, University of Connecticut
Christopher R. Tamborini, Social Security Administration
Gayle Reznik, Social Security Administration
John Phillips, Social Security Administration
3:50 p.m. Recession and Changes in Living Arrangements of Older Adults
Juyeon Kim, University of Chicago
Linda J. Waite, University of Chicago
4:15 p.m. Break
4:30 p.m. Gain and Loss: Marriage and Wealth Changes Over Time
Julie M. Zissimopoulos, University of Southern California and RAND Corporation
4:55 p.m. Discussant
Robert Willis, University of Michigan
5:15 p.m. Concluding Remarks
5:30 p.m. Reception