Author Description

Cover -- Remaking Retirement: Debt In An Aging Economy -- Copyright -- Preface -- Contents -- List Of Figures -- List Of Tables -- Notes On Contributors -- Chapter 1: Introduction: Debt In An Aging Economy -- Age Ranges -- Vulnerability Measures -- Datasets Used -- Types Of Debt -- Other Countries -- Debt Developments In An Aging Economy -- Retirement, Debt, And Financial Vulnerability At Older Ages -- Policy Perspectives On Debt At Older Ages -- Conclusions -- References -- Part I: Debt Developments In An Aging Economy Chapter 2: Debt Close To Retirement And Its Implications For Retirement Well-being -- The National Financial Capability Study (nfcs) Sample -- Assessing Near-retirees' Borrowing Behaviors -- Debt By Socio-demographic Characteristics -- Are Types Of Debt Held At Older Ages Correlated? -- Multivariate Analysis Of Debt Close To Retirement -- Inside The Black Box Of Debt At Older Ages -- Low Financial Literacy -- Lack Of Information -- Behavioral Biases -- Conclusion -- Acknowledgments -- Notes -- References -- Chapter 3: The Graying Of American Debt -- Measurement And Empirical Findings Rising Per Capita Us Consumer Debt From 2003 To 2017 And Its Components -- The Path From The Early 2000s To Today: Underwriting Changes And Origination Ages -- Delinquency And Payment Burden: How Do Retirement Ageborrowers Weather Their Greater Financial Obligations? -- Heterogeneity In Debt Changes By Socioeconomic Status -- Heterogeneity In Delinquency Trends By Socioeconomic Status -- Conclusion -- Acknowledgements -- Notes -- References -- Chapter 4: The Risk Of Financial Hardship In Retirement: A Cohort Analysis -- Past Research On Economic Security In Retirement -- Data And Methods Measures Of Economic Insecurity -- Factors Potentially Predicting Economic Security -- Estimation And Simulation -- Results -- The Changing Indebtedness Of Households -- Changing Demographics -- Career Lengths -- Uncertainty About Asset Returns -- Conclusion -- Acknowledgements -- Notes