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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

Chen says job fit, job happiness can be achieved over time

Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

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Stafford says some Americans have used retirement accounts unwisely

a PSC In The News reference

"Converting your pension into a granite countertop" - Marketplace.org. 05/07/2014.

Frank Stafford says that the Great Recession motivated people to raid their retirement accounts not only for emergencies, but also for things like home makeovers. In addition, he says, more than 5% withdrew money before the age of 60, which may have meant an additional 10% tax penalty.

Researcher:

Frank P. Stafford

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