NATIONAL BUREAU OF ECONOMIC RESEARCH, INC. SUMMER INSTITUTE 2000 Aging David Wise, Organizer Royal Sonesta Hotel 5 Cambridge Parkway Cambridge, Massachusetts July 31 - August 1, 2000 PRELIMINARY PROGRAM MONDAY, JULY 31: 12:00 PM Lunch 1:00 PM JAMES POTERBA, MIT and NBER Policyholder Evidence of Selection Effects in the U.K. Annuity Market LAURENCE KOTLIKOFF, Boston University and NBER, DAVID LAIBSON, Harvard University and NBER, Using ESPlanner to Study Saving and Insurance Adequacy LEORA FRIEDBERG, UC, San Diego and NBER The Impact of 401(K) Plans on Retirement 4:15 PM Adjourn TUESDAY, AUGUST 1: 8:30 AM Coffee and Doughnuts 9:00 AM LEE LILLARD, University of Michigan Cognition and Wealth: The Importance of Precision in Probabilistic Thinking KATHLEEN MCGARRY, UC, Los Angeles and NBER Testing Parental Altruism: Implications of a Dynamic Model COURTNEY COILE, Wellesley College Social Security and Consumption 12:15 PM Lunch SI00 AW Program Page two 1:15 PM ROBERT JENSEN, Harvard University and NBER Social Security and Well-Being: Evidence from the Russian Pension Crisis JONATHAN GRUBER, MIT and NBER SS and Retirement in Canada REINHOLD SCHNABEL, University of Mannheim Opting Out of Social Security - Incentives and Participation in the German PAYG PE TUESDAY, AUGUST 1: cont. JOHN RUST, Yale University and NBER Social Insurance at the End of Life Cycle: A Joint Model Of Unemployment, Disability 4:30 PM Adjourn 05/26/00