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Author: Samwick, Andrew A.
Resulting in 2 citations.
1. Gustman, Alan L.
Anderson, Patricia M.
Engelhardt, Gary V.
Samwick, Andrew A.
Wages, Fringe Benefits and Savings: Interactions and Implications for Determination of Labor Market Outcomes Analysis with the National Longitudinal Survey
Technical Proposal Response to Bureau of Labor Statistics SGA 940-04 from U.S. Department of Labor, Bureau of Labor Statistics, 1994
Cohort(s): Mature Women, NLSY79, Young Women
Publisher: U.S. Department of Labor
Keyword(s): Benefits, Fringe; Job Turnover; Labor Market Outcomes; Mobility, Labor Market; Pensions; Retirement/Retirement Planning; Savings; Wage Differentials; Wages; Wealth

The project consists of five interrelated studies. The first study is an economic analysis with the Survey of Mature Women, but has a significant methodological component pertaining to the use of employer provided pension plan descriptions. The second study uses these data for the first time in a retirement analysis. Third is a study using the data for Mature Women to analyze labor market risk in the form of wage and employment variation, exploring the implications of such variation for asset accumulation and labor market decisions. The fourth study analyzes the role of health insurance in the labor market, and in particular the effects of health insurance on labor market turnover, among NLSY respondents, among those in the survey of Young Women, and among the Mature Women sample. The fifth focuses on asset formation early in the career, especially in the form of housing wealth, and considering the implications of housing wealth for labor market turnover.
Bibliography Citation
Gustman, Alan L., Patricia M. Anderson, Gary V. Engelhardt and Andrew A. Samwick. "Wages, Fringe Benefits and Savings: Interactions and Implications for Determination of Labor Market Outcomes Analysis with the National Longitudinal Survey." Technical Proposal Response to Bureau of Labor Statistics SGA 940-04 from U.S. Department of Labor, Bureau of Labor Statistics, 1994.
2. Samwick, Andrew A.
Interaction Between Labor Market Outcomes and Asset Accumulation
Working Paper, Dartmouth College and NBER, October 1998
Cohort(s): Mature Women, Older Men
Publisher: National Bureau of Economic Research (NBER)
Keyword(s): Assets; Income; Income Dynamics/Shocks; Job Turnover; Labor Market Outcomes; Savings

Rational expectations model of the permanent income hypothesis predict that assets are used to buffer consumption against shocks to income. This prediction is robust to the formal modeling of precautionary motives for saving and liquidity constraints. This paper tests this prediction using the savings response to job transitions in the National Longitudinal Surveys Old Cohort databases. The main empirical finding is that households that experience a job transition do not save systematically less than those who remain with the same
Bibliography Citation
Samwick, Andrew A. "Interaction Between Labor Market Outcomes and Asset Accumulation." Working Paper, Dartmouth College and NBER, October 1998.