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RESEARCH

The link from the article title is to download a free copy of the article's working paper version, when one exists. The link for the journal name sends you to the journal's homepage. Please feel free to contact me if you have trouble finding copies of any of these papers. 

RETIREMENT PLANNING & SOCIAL SECURITY IN DEVELOPED MARKET COUNTRIES

Pfau, Wade D. "Withdrawal Rates, Savings Rates, and Valuation-Based Asset Allocation." Munich Personal RePEc Archive Paper #35329. December 2011.

Finke, Michael, Wade D. Pfau, and Duncan Williams. "Spending Flexibility and Safe Withdrawal Rates."  Journal of Financial Planning, forthcoming.

Pfau, Wade D.  "Long-Lerm Investors and Valuation-Based Asset Allocation." Applied Financial Economics. forthcoming. (revised version of  "Revisiting the Fisher and Statman Study on Market Timing")

Pfau, Wade D. "Capital Market Expectations, Asset Allocation, and Safe Withdrawal Rates."   Journal of Financial Planning. Vol. 25, No. 1 (January 2012), p.36-43.

Pfau, Wade D. "Will 2000-Era Retirees Experience the Worst Retirement Outcomes in U.S. History? A Progress Report after 10 Years." The Journal of Investing. Vol. 20, No. 4 (Winter 2011), 117-131.

Pfau, Wade D. "Getting on Track for a Sustainable Retirement: A Reality Check on Savings and Work."  Journal of Financial Planning. Vol. 24, No. 10 (October 2011), 38-45.

Pfau, Wade D. "Retirement Withdrawal Rates and Portfolio Success Rates: What Can the Historical Record Teach Us?" Retirement Management Journal. Vol. 1, No. 2 (Fall 2011), 59-55.

Pfau, Wade D. "Nearly Optimal Asset Allocations in Retirement."  Journal of Financial Planning's Between the Issues. Vol. 24, No. 9 (September 2011).

Pfau, Wade D. "Can We Predict the Sustainable Withdrawal Rate for New Retirees?"  Journal of Financial Planning. Vol. 24, No. 8 (August 2011), 40-47.  [blog summary]   (This paper replaces a more technical earlier version.)

Pfau, Wade D. "Safe Savings Rates: A New Approach to Retirement Planning over the Lifecycle."  Journal of Financial Planning. Vol. 24, No. 5 (May 2011), 42-50.  [blog summary]   [story about the article from The Economist]

Pfau, Wade D., "The Portfolio Size Effect and Lifecycle Asset Allocation Funds: A Different Perspective." Journal of Portfolio Management. Vol. 37, No. 3 (Spring 2011), 44-53.

Pfau, Wade D., "An Optimizing Framework for the Glide Paths of Lifecyle Asset Allocation Funds," Applied Economic Letters. Vol. 18, No. 1 (2011), 55-58.

Pfau, W. D., “An International Perspective on Safe Withdrawal Rates from Retirement Savings: The Demise of the 4 Percent Rule?" Journal of Financial Planning. Vol. 23, No. 12 (December 2010), 52-61. 

Pfau, Wade D., "What Will the Likely Range of My Wealth Be?: A Comment," Financial Analysts Journal. Vol. 66, No. 3 (May/June 2010), p. 10, 12.

Pfau, Wade D., "Lifecycle Funds and Wealth Accumulation for Retirement: Evidence for a More Conservative Asset Allocation as Retirement Approaches," Financial Services Review. Vol. 19, No. 1 (Spring 2010), 59-74.

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.

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.

RETIREMENT PLANNING & SOCIAL SECURITY IN EMERGING MARKET COUNTRIES

Kumara, A. S., and W. D. Pfau, "Lifecycle and Fixed Portfolio Allocation Strategies: A Performance Comparison for Emerging Market Countries." Munich Personal RePEc Archive Paper #31389. June 2011.

Meng, C., and W. D. Pfau, "The Role of Pension Funds in Capital Market Development." GRIPS Discussion Paper 10-17. Tokyo: GRIPS.

Meng, C., and W. D. Pfau, "Simulating the Impacts of Cash Transfers on Poverty and School Attendance: The Case of Cambodia." Journal of Family and Economic Issues, forthcoming. 

Kumara, A. S., and W. D. Pfau, "Reforming Pension Funds in Sri Lanka: International Diversification and the Employees' Provident Fund." Australian Economics Papers, forthcoming.

Kumara, A. S., and W. D. Pfau, "Would Emerging Market Pension Funds Benefit from International Diversification: Investigating Wealth Accumulations for Pension Participants." Annals of Finance, forthcoming. 

Meng, C., and W. D. Pfau, "Retirement Savings Guidelines for Residents of Emerging Market Countries." Pensions: An International Journal. Vol. 16, No. 4 (November 2011), p. 256-265. 

Meng, C., and W. D. Pfau, "Safe Withdrawal Rates from Retirement Savings for Residents of Emerging Market Countries." Journal of Personal Finance. Vol. 10, No. 1 (2011), p. 87-108.

Pfau, Wade D., "Emerging Market Pension Funds and International Diversification," Journal of Developing Areas. Vol. 45, No. 1 (Fall 2011), 1-17. 

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.  "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. 

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.  "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]

RESEARCH PAPERS ON OTHER TOPICS

Kumara, A. S., and W. D. Pfau, "Impact of Cash Transfer Programs on School Attendance and Child Poverty: An Ex-ante Simulation for Sri Lanka." Journal of Development Studies. Vol. 47, No. 11 (November 2011), p. 1699-1720.

Okita, Y., W. D. Pfau, and L. T. Giang, "A Stochastic Forecast Model for Japan’s Population." The Japanese Economy. Vol. 38, No. 2 (Summer 2011), p. 19-44.

Pfau, Wade D., and Giang Thanh Long. "Groups Excluded from ‘Representative’ Household Surveys: An Analysis Based on Remittances Sent and Received in Vietnam." ASEAN Economic Bulletin. Vol. 28, No. 1 (April 2011), 68-73.

Pfau, Wade D., and Giang Thanh Long. "Remittances, Living Arrangements, and the Welfare of the Elderly."   Asian and Pacific Migration Journal. Vol. 19, No. 4 (December 2010), p. 447-472.

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, 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. 197-98 (September 2009), p. 431-443.

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.

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.

Giang, L. T., and W. D. Pfau. “A Gender Perspective on Elderly Work in Vietnam.” Paper Presented at the Workshop on "Gender and Ageing in Southeast Asia: Contexts, Concerns, and Contradictions." Singapore: Institute of Southeast Asian Studies. (February 2009).

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. "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.

Pfau, Wade D. "Predicting the Medal Wins by Country at the 2006 Winter Olympic Games: An Econometrics Approach," The Korean Economic Review. Vol. 22, No. 2 (Winter 2006), p. 233-247.


 

(RePEc page / SSRN Author Page)

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