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Author: Leonesio, Michael V.
Resulting in 2 citations.
1. Choudhury, Sharmila
Leonesio, Michael V.
Life-Cycle Aspects of Poverty Among Older Women
Social Security Bulletin 60,2 (Summer 1997): 17-36.
Also: ORES Working Paper Series Number 71, Office of Research, Evaluation, and Statistics, Social Security Administration, April 1997.
Cohort(s): Mature Women
Publisher: Social Security Administration
Keyword(s): Economic Well-Being; Economics of Gender; Life Cycle Research; Poverty; Socioeconomic Status (SES)

Permission to reprint the abstract has not been received from the publisher.

In this paper we focus on the relationship between a woman's economic status earlier in life and her poverty status in old age. Previous research on the determinants of poverty among aged women has documented the socioeconomic and demographic correlates of the poor, and has examined the financial impact of adverse late-life events such as widowhood, deterioration of health, and loss of employment. Using data from the National Longitudinal Survey of Mature Women, we find that most women who experience these types of adverse events in their later years do not become poor and that a large majority of older NLSMW respondents who were poor in 1991-2 were poor earlier in their adult lives. Whether women are impoverished by adverse late-life events depends on their economic resources just prior to the event. But, the financial resources available in old age, in turn, depend very much on their long-term economic status throughout much of their adult lives. This article under scores the fact that for most older women these adverse events do not appear to precipitate poverty spells -- at least not within the first couple of years -- and directs attention at longer term circumstances that make some women more vulnerable.
Bibliography Citation
Choudhury, Sharmila and Michael V. Leonesio. "Life-Cycle Aspects of Poverty Among Older Women." Social Security Bulletin 60,2 (Summer 1997): 17-36.
2. Leonesio, Michael V.
The Economics of Retirement: A Nontechnical Guide
Social Security Bulletin 29,4 (Winter 1996): 29-50.
Also: http://www.socialsecurity.gov/policy/docs/ssb/v59n4/v59n4p29.pdf
Cohort(s): Older Men
Publisher: Social Security Administration
Keyword(s): Age and Ageing; Economic Changes/Recession; Retirement/Retirement Planning

Permission to reprint the abstract has not been received from the publisher.

Concern about the economic consequences of the aging of the United States population has prompted considerable research activity during the past two decades. Economists have carefully examined retirement patterns and trends, and sought to identify and measure the determinants of the timing of retirement by older workers. Much of the published retirement research is fairly technical by nature and is somewhat inaccessible to nonspecialist audiences. This article provides a nontechnical overview of this research. In contrast to other reviews of the retirement literature, this exposition emphasizes the basic ideas and reasoning that economists use in their research. In the course of recounting how economists’ views about retirement have evolved in recent years, the article highlights landmark pieces of research, points out the specific advances made by the various researchers, and assesses what has been learned along the way.
Bibliography Citation
Leonesio, Michael V. "The Economics of Retirement: A Nontechnical Guide." Social Security Bulletin 29,4 (Winter 1996): 29-50.