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Global Aging Initiative: Report to World Leaders

The Pension and Economic Research program has contributed partial support to this two-year project to explore the economic, financial, political, and global security implications of societal aging in the advanced industrial nations. Results from the project suggest that the G-7 nations may be underestimating the future costs of aging populations, in some cases significantly.

Completed Grants
 
Joint Life Annuities and Annuity Demand by Married Couples
James Poterba, Massachusetts Institute of Technology and National Bureau of Economic Research
December 2000
 
Estimating the Costs of Trading Corporate and Municipal Bonds
Paul Schultz, University of Notre Dame
April 2001
 
Optimal Consumption and Investment with Capital Gains Taxes
Chester Spatt, Robert Dammon, and Harold Zhang, Carnegie Mellon University
June 2004
 
The Impact of Own Children on Retirement Portfolio Composition in the United States
Eric Jensen and Jennifer Mellor, College of William and Mary
 
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