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Most of these papers can be downloaded from my RePEc page or my SSRN Author Page.  Please feel free to contact me about any papers you can't find.

My main research interests include asset allocation decisions for pension systems, stochastic modeling for defined-benefit and defined-contribution pensions, and retirement planning decisions for individuals.
 

RESEARCH PAPERS CURRENTLY UNDER REVIEW FOR PUBLICATION

Pfau, W. D., "Lifecycle Funds and Wealth Accumulation for Retirement: Evidence for a More Conservative Asset Allocation as Retirement Approaches." GRIPS Discussion Paper 09-15. Tokyo: GRIPS.

Pfau, W. D., "The Portfolio Size Effect and Lifecycle Asset Allocation Funds: A Different Perspective." [revise and resubmit]

Okita, Y., W. D. Pfau, and L. T. Giang, "A Stochastic Forecast Model for Japan’s Population." GRIPS Discussion Paper 09-06. Tokyo: GRIPS. [revise and resubmit]

Pfau, Wade D., and Giang Thanh Long. "Remittances, Living Arrangements, and the Welfare of the Elderly." Vietnam Development Forum Working Paper 0901.  Hanoi: VDF.

Pfau, Wade D., and Giang Thanh Long. "Groups Excluded from ‘Representative’ Household Surveys: An Analysis Based on Remittances Sent and Received in Vietnam." GRIPS Discussion Paper 08-15. Tokyo: GRIPS.

PUBLISHED RESEARCH

Pensions, Social Security, and Retirement Planning in the United States

*NEW* Pfau, W. D., "What Will the Likely Range of My Wealth Be?: A Comment." Financial Analysts Journal. forthcoming.

Pfau, W. D., "An Optimizing Framework for the Glide Paths of Lifecyle Asset Allocation Funds." Applied Economic Letters. forthcoming.

Pfau, Wade D. "How Representative are Representative Workers? An Assessment of the Hypothetical Workers Commonly Used in Social Security Studies."  Journal of Income Distribution. Vol 18, No. 2 (June 2009), p, 92-117. [note: a revised version of this article appears with the name, "Assessing the Applicability of Hypothetical Workers for Defined-Contribution Pensions," but a printing error at the journal resulted in the published article appearing with its originally submitted name]

Pfau, Wade D. "Reforming Social Security: Issues and Challenges for Personal Retirement Accounts," East and West Studies. Vol. 19, No. 1 (Summer 2007), p. 215-242.

Pfau, Wade D. "Comparing the Impacts of Social Security Benefit Reductions on the Income Distribution of the Elderly," National Tax Journal. Vol. LIX, No. 2 (June 2006), p. 195-210.

Pfau, Wade D. "The Effects of Social Security on Private Savings: A Reappraisal of the Time Series Evidence," Sophia International Review. Vol. 27, No. 1 (2005), p. 57-70.
 

Pensions and Retirement Savings in Other Countries

Pfau, Wade D., "Emerging Market Pension Funds and International Diversification," Journal of Developing Areas. forthcoming.

Pfau, Wade D. "The Role of International Diversification in Public Pension Systems: The Case of Pakistan," Economic Issues. Vol. 14, Part 2 (September 2009), p. 81-105.

Giang, Thanh Long, and Wade D. Pfau.  "Demographic Changes and Pension Scheme Finances in Vietnam: A Long-Term Stochastic Actuarial Assessment." Journal of Population Ageing. Vol. 1, No. 2-4 (July 2009), p. 125-151.

Giang, Thanh Long, and Wade D. Pfau. "An Exploration of a Non-contributory Pension Scheme in Vietnam," in Aris Ananta and Evi Nurvidya Arifin (eds.) Older Persons in Southeast Asia - An Emerging Asset. Singapore: Institute of Southeast Asia Studies. (2009), p. 140-164.

Giang, Thanh Long, and Wade D. Pfau.  "Aging, Poverty, and the Role of Social Pensions in Vietnam," Development and Change. Vol. 40, No. 2 (March 2009), p. 333-360.

Pfau, Wade D., and Vararat Atisophon. "The Impact of the National Pension Fund on the Suitability of Elderly Pensions in Thailand," Asian Economic Journal. Vol. 23, No. 1 (March 2009), p. 41-63.

 Khasanbaev, Alisher, and Wade D. Pfau. "The Funded Pension Scheme in Uzbekistan: An Analysis," Sophia International Review. Vol. 31, No. 1 (2009), p. 75-92.
 

Vietnam Household Surveys

(Two papers about social pensions in Vietnam are included above)

Giang, L. T., and W. D. Pfau.  "The Vulnerability of the Elderly to Poverty: Determinants and Policy Implications for Vietnam," Asian Economic Journal. Vol. 23, No. 4 (December 2009), p. 419-437.

Pfau, Wade D., and Giang Thanh Long. "Determinants and Impacts of International Remittances on Household Welfare in Vietnam," International Social Science Journal. Vol. 60, No. 194, forthcoming.

Pfau, Wade D., and Giang Thanh Long. "Gender and Remittance Flows in Vietnam During Economic Transformation," Asia-Pacific Population Journal . Vol. 23, No. 2 (August 2008), p. 13-32.

Giang, Thanh Long, and Wade D. Pfau.  "Ban ve tinh kha thi cua he thong huu tri xa hoi pho cap o Vietnam" (On the Feasibility of a Universal Social Pension Scheme in Vietnam), Tap chi Kinh te va Phat trien (Economics and Development Review). No. 135 (2008), p. 51-57. [in Vietnamese]

Giang, Thanh Long, and Wade D. Pfau.  "Vai tro cua huu tri xa hoi trong viec giam ngheo cho nguoi cao tuoi o Vietnam" (The Role of Social Pensions in Reducing Poverty Incidence for the Elderly in Vietnam), (with Giang Thanh Long) Tap chi Nghien cuu Kinh te (Economic Studies). No. 3(358) (March 2008), p. 57-67. [in Vietnamese]

Pfau, Wade D., and Giang Thanh Long. "The Growing Role of International Remittances in the Vietnamese Economy: Evidence from the Vietnam (Household) Living Standard Surveys," in Pookong Kee and Hidetaka Yoshimatsu (eds.) Global Movements in the Asia Pacific. Singapore: World Scientific Publishing. (2010), p. 225-248.

Giang, Thanh Long, and Wade D. Pfau. "Patterns and Determinants of Living Arrangements of the Elderly in Vietnam," in Giang Thanh Long (ed.) Social Issues Under Economic Transformation and Integration in Vietnam. Hanoi: The Publishing House of Social Labour. Vol. 2 (2007), p. 147-176.

Giang, Thanh Long, and Wade D. Pfau. "The Elderly Population in Vietnam during Economic Transformation: An Overview," in Giang Thanh Long and Duong Kim Hong (eds.) Social Issues Under Economic Transformation and Integration in Vietnam. Hanoi: Vietnam Development Forum. Vol. 1 (2007), p. 185-210.
 

Miscellaneous Topics

Moghal, Sajjad, and Wade D. Pfau. "An Investigation of Firm Heterogeneity in the Constraints to Development and Growth in Pakistan," Pakistan Development Review. Vol. 48, No. 1 (Spring 2009), p. 1-22.

Le, Viet Hung, and Wade D. Pfau. "VAR Analysis of the Monetary Transmission Mechanism in Vietnam." Applied Econometrics and International Development. Vol. 9, No. 1 (January – June 2009), p. 165-179.