J
Jeffrey R. Brown
Researcher at University of Illinois at Urbana–Champaign
Publications - 201
Citations - 10613
Jeffrey R. Brown is an academic researcher from University of Illinois at Urbana–Champaign. The author has contributed to research in topics: Pension & Social security. The author has an hindex of 49, co-authored 200 publications receiving 9846 citations. Previous affiliations of Jeffrey R. Brown include National Bureau of Economic Research & Duke University.
Papers
More filters
Journal ArticleDOI
The Effect of Inheritance Receipt on Retirement
TL;DR: This paper found that inheritance receipt is associated with a significant increase in the probability of retirement, and that receiving an inheritance increases the probability to retire earlier than expected by 4.4 percentage points, or 12 percent relative to the baseline retirement rate over an eight-year period.
Journal ArticleDOI
The effect of inheritance receipt on retirement
TL;DR: This paper used inheritance receipt as a wealth shock and found that it is associated with a significant increase in the probability of retirement, especially when the inheritance is unexpected, and this evidence has important implications for how public policies such as pension or tax reform may influence retirement behavior through the wealth effect.
Journal ArticleDOI
All the president's friends: Political access and firm value
TL;DR: Using data on White House visitors from 2009 through 2015, this paper found that corporate executives' meetings with key policymakers are associated with positive abnormal stock returns, and that firms with access to the Obama administration experience significantly lower stock returns following the release of the election result than otherwise similar firms.
ReportDOI
Who Chooses Defined Contribution Plans
TL;DR: In this paper, the authors study the decisions of nearly 50,000 new employees who make a one-time, irrevocable choice between a traditional DB plan, a portable DB plan and an entirely self-managed DC plan.
Posted Content
The Effect of Inheritance Receipt on Retirement
TL;DR: This article found that inheritance receipt is associated with a significant increase in the probability of early retirement, with a median value of about $30,000, and this effect is stronger when the inheritance is unexpected and thus more likely to represent an exogenous shock to wealth.