Research papers by Stephen P. Zeldes available in PDF format:

What Makes Annuitization More Appealing?

by John Beshears, James J. Choi, David Laibson, Brigitte C. Madrian and Stephen P. Zeldes

NBER Working Papers #18575, revised March 2013

May 2013 version, Forthcoming, Journal of Public Economics

 

The Market Value of Social Security

by John Geanakoplos and Stephen P. Zeldes

Working paper (PDF format). Most recent version: July 2011

 

Cost Savings and the Freezing of Corporate Pension Plans

by Joshua Rauh, Irina Stefanescu and Stephen P. Zeldes

Working paper (PDF format). Most recent version: August 2013

 

Market Valuation of Accrued Social Security Benefits

by John Geanakoplos and Stephen P. Zeldes

Published chapter (PDF format)

Published in Measuring and Managing Federal Financial Risk, 2010, ed. Deborah Lucas, 213-233. Chicago: University of Chicago Press.

How Should Public Pension Plans Invest?

by Deborah Lucas and Stephen P. Zeldes

American Economic Review: Papers & Proceedings, Vol. 99, Issue 2, 2009, pp. 527–532

Reforming Social Security with Progressive Personal Accounts

by John Geanakoplos and Stephen P. Zeldes

Published chapter (PDF format)

Published in: Social Security Policy in a Changing Environment, 2009, ed. Jeffrey R. Brown, Jeffrey B. Liebman, and David A. Wise, 73-128. Chicago: University of Chicago Press.

Valuing and Hedging Defined Benefit Pension Obligations- The Role of Stocks Revisited

by Deborah Lucas and Stephen P. Zeldes

Working Paper (PDF format). Most recent verison: September 2006

 

How Do Household Portfolio Shares Vary with Age? 

by John Ameriks and Stephen P. Zeldes

Working paper (PDF format). Most recent version: September 2004

 

Do the Rich Save More?

by Karen Dynan, Jonathan Skinner, and Stephen P. Zeldes

The Journal of Political Economy, Vol. 112, No. 2. (April 2004), pp. 397-444.

Unpublished Data Appendix for "Do the Rich Save More"

The Importance of Bequest and Life-Cycle Saving in Capital Accumulation:
A New Answer 

by Karen E. Dynan, Jonathan Skinner, and Stephen P. Zeldes

Published in: The American Economic Review , Vol. 92, No. 2, May, 2002, pp. 274-278.

Social Security Money's Worth

by John Geanakoplos, Olivia Mitchell, and Stephen P. Zeldes

NBER Reprint No. 2267, reprint of published version (via the Pension Research Council web site), with the permission from University of Pennsylvania Press and NBER.

Published in:  Prospects for Social Security Reform,  Olivia S. Mitchell, Robert J. Meyers, and Howard Young, eds., Pension Research Council, University of Pennsylvania Press, 1999.

Winner, TIAA-CREF's 1999 Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security.

Would a Privatized Social Security System Really Pay a Higher Rate of Return?

by John Geanakoplos, Olivia S. Mitchell, and Stephen P. Zeldes

NBER Reprint No. 2266, reprint of published version, with permission from Brookings Institution Press and NBER.


Published in: Framing the Social Security Debate: Values, Politics, and Economics, R. Douglas Arnold, Michael J. Graetz, and Alicia H. Munnell, eds., National Academy of Social Insurance, Brookings Institution Press, 1998, pp. 137-157.

Social Security Privatization: A Structure for Analysis

by Olivia Mitchell and Stephen P. Zeldes

The American Economic Review, Vol. 86, No. 2, (May, 1996), pp. 363-367.

Precautionary Saving and Social Insurance

by Stephen P. Zeldes

The Journal of Political Economy, Vol. 103, No. 2. (Apr., 1995), pp. 360-399.

The Importance of Precautionary Motives for Explaining Individual and Aggregate Saving

by R. Glenn Hubbard, Jonathan Skinner, and Stephen P. Zeldes

Carnegie-Rochester Conference Series on Public Policy, Vol. 40 (1994): 59–12.

Expanding the Life-Cycle Model: Precautionary Saving and Public Policy

by R. Glenn Hubbard, Jonathan Skinner, and Stephen P. Zeldes

The American Economic Review, Vol. 84, No. 2, (May, 1994), pp. 174-179.

Dynamic Efficiency in the Gifts Economy

by Stephen O'Connell and Stephen P. Zeldes

Journal of Monetary Economics Vo. 31, No. 3 (1993): 363–80.

The Consumption of Stockholders and Nonstockholders

by N. Mankiw and Stephen P. Zeldes
Journal of Financial Economics Vol. 29, No. 1 (1991): 97–112.

Consumption and Liquidity Constraints: An Empirical Investigation

by Stephen P. Zeldes

The Journal of Political Economy, Vol. 97, No. 2. (Apr., 1989), pp. 305-346.

Optimal Consumption with Stochastic Income: Deviations from Certainty Equivalence

by Stephen P. Zeldes
Quarterly Journal of Economics, Vol. 104, No. 2. (May, 1989), pp. 275-298.

Production, Sales, and the Change in Inventories: An Identity That Doesn't Add Up

by Jeffrey Miron and Stephen P. Zeldes
Journal of Monetary Economics Vol. 24, No. 1 (July 1989): 31–51.

Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories

by Jeffrey A. Miron and Stephen P. Zeldes

Econometrica, Vol. 56, No. 4. (Jul., 1988), pp. 877-908.

Rational Ponzi Games

by Stephen O'Connell and Stephen P. Zeldes

International Economic Review, Vol. 29, No. 3 (August 1988): 431–50.

Ricardian Consumers with Keynesian Propensities

by Robert B. Barsky, N. Gregory Mankiw, and Stephen P. Zeldes
The American Economic Review, Vol. 76, No. 4. (Sep., 1986), pp. 676-691.

Comments by Stephen P. Zeldes available in PDF format:

Commentary on "Monetary Policy Transmission through the Consumption-Wealth Channel" by Sydney Ludvigson, Charles Steindel, and Martin Lettau

by Stephen P. Zeldes

Economic Policy Review, Federal Reserve Bank of New York, May 2002

 

Other Articles:

Ponzi Games

by Stephen O'Connell and Stephen P. Zeldes

New Palgrave Dictionary of Money and Finance, 1992


 

 



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