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Replication data for: The Changing Face of Debt and Financial Fragility at Older Ages

Version
V0
Resource Type
Dataset
Creator
  • Lusardi, Annamaria
  • Mitchell, Olivia S.
  • Oggero, Noemi
Publication Date
2018-05-01
Description
  • Abstract

    We investigate changes in older individuals' financial fragility as they stand on the verge of retirement. Using data from the Health and Retirement Study (HRS), we compare how debt has changed for successive cohorts of people age 56–61. Our analysis shows that recent older Americans close to retirement hold more debt, and hence face greater financial insecurity, than earlier generations. This is primarily due to having bought more expensive homes with smaller down payments. We discuss possible policy implications.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/pandp.20181117 (Text)
Publications
  • Lusardi, Annamaria, Olivia S. Mitchell, and Noemi Oggero. “The Changing Face of Debt and Financial Fragility at Older Ages.” AEA Papers and Proceedings 108 (2018): 407–11. https://doi.org/10.1257/pandp.20181117.
    • ID: 10.1257/pandp.20181117 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07

Lusardi, Annamaria; Mitchell, Olivia S.; Oggero, Noemi (2018): Replication data for: The Changing Face of Debt and Financial Fragility at Older Ages. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116449