Martin Neil Baily

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How to boost long-run growth after COVID-19

Martin Neil Baily

Wednesday, December 16, 2020

Improving economic opportunity for older workers

9:00 AM - 10:30 AM EST

Ulrike Neveling 60-year old head of Accounting Department is pictured at her office at the headquarters of Rullko wholesale in Hamm March 4, 2014. Marie-Christine Ostermann is desperate to hang on to her older employees. There's already a shortage of skilled labour in Germany and a new draft law that lowers the pension age for some workers is adding to her problems. Six of the 150 staff at family-run food and kitchen supplies wholesaler Rullko say they'd like to retire at 63 this summer, when the new law is due to take effect. That's four years earlier than planned - a big worry for Ostermann. TO GO WITH GERMANY-PENSIONS/ REUTERS/Ina Fassbender (GERMANY - Tags: BUSINESS EMPLOYMENT) - BM2EA341DLX01

COVID-19 and retirement: Impact and policy responses

Martin Neil Baily, Benjamin H. Harris, and Siddhi Doshi

Tuesday, July 28, 2020

Shoppers crowd at the Kuromon Ichiba to purchase ingredients for New Year's dishes in Osaka on Dec. 30, 2019, the end of year. Shops were overflowing with marine products such as crab, tuna, meat and processed foods. ( The Yomiuri Shimbun )

Productivity comparisons

Martin Neil Baily, Barry P. Bosworth, and Siddhi Doshi

Wednesday, January 22, 2020

Reverse mortgages: Promise, problems, and proposals for a better market

9:30 AM - 11:30 AM EDT

Mark Findlay and his wife Delores Findlay, of Erie, Pennsylvania, read the morning newspaper inside their home at Limetree Park where they spend the winter months in Bonita Springs, Florida, March 23, 2012. Medicare and Social Security, the massive programs that pay benefits to tens of millions of older Americans, are contentious issues in the 2012 presidential campaign. Seniors want the nation?s sputtering economy to be fixed, but not at their expense. REUTERS/Steve Nesius (UNITED STATES - Tags: ELECTIONS POLITICS SOCIETY) - TM3E846043F01

The unfulfilled promise of reverse mortgages: Can a better market improve retirement security?

Martin Neil Baily, Benjamin H. Harris, and Ting Wang

Monday, October 28, 2019

An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California November 13, 2013. REUTERS/Mike Blake (UNITED STATES - Tags: SOCIETY ENVIRONMENT) - GM1E9BE0E8L01

How can policymakers improve retirement security?

Martin Neil Baily

Tuesday, October 15, 2019

California state worker Curtis Walker looks over retirement plan brochures at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker (UNITED STATES BUSINESS) - WASE5AM03UX01

Can annuities become a bigger contributor to retirement security?

Martin Neil Baily and Benjamin H. Harris

Tuesday, June 25, 2019

Justin Mound installs an airbag on the assembly line at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, U.S., July 25, 2018. Picture taken on July 25, 2018. To match Insight GM-SILVERADO/ REUTERS/John Gress - RC141ABAD7C0

Irrational exuberance aside, growth is slowing

Martin Neil Baily

Tuesday, April 30, 2019

Retirees play poker at a singles club in Sun City, Arizona, January 4, 2013. Sun City was built in 1959 by entrepreneur Del Webb as America?s first active retirement community for the over-55's. Del Webb predicted that retirees would flock to a community where they were given more than just a house with a rocking chair in which to sit and wait to die. Today?s residents keep their minds and bodies active by socializing at over 120 clubs with activities such as square dancing, ceramics, roller skating, computers, cheerleading, racquetball and yoga. There are 38,500 residents in the community with an average age 72.4 years. Picture taken January 4, 2013. REUTERS/Lucy Nicholson (UNITED STATES - Tags: SOCIETY)ATTENTION EDITORS - PICTURE 8 OF 30 FOR PACKAGE 'THE SPORTY SENIORS OF SUN CITY'SEARCH 'SUN CITY' FOR ALL IMAGES - GM1E91H00QW01

America’s retirement system is a mess. This new legislation can help

Martin Neil Baily and Benjamin H. Harris

Tuesday, April 23, 2019