International Foundation of Employee Benefit Plans Professor
Professor of Insurance/Risk Management and Business Economics
Department of Insurance & Risk Management
The Wharton School, University of Pennsylvania
3620 Locust Walk, 3000 SHDH
Philadelphia, PA 19104
Fax : 215-898-0310
University of Wisconsin-Madison, Ph.D., Economics, 1978
University of Wisconsin-Madison, M.A., Economics, 1976
Harvard University, B.A. magna cum laude, Economics, 1974
Research and Projects
Professor Mitchell's main areas of research focus on private and public insurance, risk management, public finance and labor markets, and compensation and pensions, with a US and an international focus. Her published work analyzes public and private retirement pensions as well as links between wealth, health, and retirement. Mitchell has served on the President's Commission to Strengthen Social Security and the ERISA Advisory Council. Her study on Social Security reform won the Paul Samuelson Award for "Outstanding Writing on Lifelong Financial Security" from TIAA-CREF. She has spoken before the World Economic Forum; the International Monetary Fund: the Investment Company Institute; the International Foundation of Employee Benefit Plans; the White House Conference on Social Security; the President's Economic Forum; and she has provided testimony to committees of the US Congress, the UK Parliament, the Australian Parliament, and the Brazilian Senate.
Selected Recent Publications
Lusardi, A., Michaud, P. C., & Mitchell, O. S. (2017). Optimal financial knowledge and wealth inequality. Journal of Political Economy, 125(2), 431-477.
Brown, J. R., Kapteyn, A., & Mitchell, O. S. (2016). Framing and claiming: How information‐framing affects expected Social Security claiming behavior. Journal of Risk and Insurance, 83(1), 139-162.
Hubener, A., Maurer, R., & Mitchell, O. S. (2016). How family status and social security claiming options shape optimal life cycle portfolios. The Review of Financial Studies, 29(4), 937-978.
Fong, J. H., Mitchell, O. S., & Koh, B. S. (2015). Disaggregating activities of daily living limitations for predicting nursing home admission. Health Services Research, 50(2), 560-578.
Mitchell, O. S., & Lusardi, A. (2015). Financial literacy and economic outcomes: Evidence and policy implications. The Journal of Retirement, 3(1), 107-114.
Lusardi, A., Mitchell, O. S., & Curto, V. (2014). Financial literacy and financial sophistication in the older population. Journal of Pension Economics & Finance, 13(4), 347-366.