Jeffrey R. Brown, Ph.D.

Assistant Professor of Finance

340 Wohlers Hall
1206 South Sixth Street
Champaign, IL 61820
Phone: (217) 333-3322
E-mail: brownjr@uiuc.edu

Area of Interest

Prof. Brown's research is focused on retirement income security. He is an expert on the U.S. Social Security system, its funding problems, and its reform, including the debate over personal accounts. He has also written extensively on private pensions, longevity risk and annuitization, life insurance, and long-term care insurance.

Publications

“The Role of Real Annuities and Indexed Bonds in an Individual Accounts Retirement Program,” in J. Campbell and M. Feldstein, Risk Aspects of Investment-Based Social Security Reform. University of Chicago Press: Chicago, IL, p. 321-360, 2001. With Olivia S. Mitchell and James M. Poterba.

“Private Pensions, Mortality Risk, and the Decision to Annuitize,” Journal of Public Economics, Vol. 82, No. 1, October 2001, pp. 29-62.

“Differential Mortality and the Value of Individual Account Retirement Annuities,” in M. Feldstein and J. Liebman, The Distributional Effects of Social Security Reform, University of Chicago Press: Chicago, IL. 2002.

“Retirement Security,” Chapter 2 of the Economic Report of the President of the United States 2002.

“New Evidence on the Money’s Worth of Individual Annuities,” The American Economic Review, Vol. 89, No. 5, December, 1999, pp. 1299-1318. With Olivia S. Mitchell, James M. Poterba, and Mark J. Warshawsky.

Keywords

Social Security, pensions, annuities, insurance, long-term care