Aaron Goodman
I am a researcher at Vanguard, studying topics related to household finance, retirement, and investor behavior. I received my PhD in Economics from MIT in 2022.
Email: aaron.goodman.15@gmail.com
Research
Impatience or Illiquidity? The Case of Early 401(k) Withdrawals
​
Retention or Regressivity? The Empirical Effects of 401(k) Vesting Schedules
(with Guillermo Carranza)
Media: Wall Street Journal
​
Simple Allocation Rules and Optimal Portfolio Choice Over the Lifecycle
(with Victor Duarte, Julia Fonseca, and Jonathan Parker)
Media: Wall Street Journal, Morningstar
​
Revise and resubmit, Journal of Financial Economics
​
Interstate Competition in Higher Education and the Allocation of Financial Aid
Policy writing and short pieces
Vanguard Labor Market Pulse (real-time indicators from 401k admin data)
(with Fiona Greig, Kelly Hahn, and Adam Schickling)
​
Improving Retirement Outcomes by Default: The Case for an IRA QDIA
(with Andy Reed, Fiona Greig, Ariana Abousaeedi, and Sachin Padmawar)
Media: Wall Street Journal​ (x2), CBS News, USA Today, MarketWatch, Money, Barron's
​
Does 401(k) Loan Repayment Crowd Out Retirement Saving? Implications for Plan Design
(with John Beshears, James Choi, Joel Dickson, Fiona Greig, and David Laibson)
Media: PlanSponsor, InvestmentNews
​
Liquidity without Leakage: How to Design Emergency Expense Withdrawals from Retirement Plans
(with Fiona Greig and Kelly Hahn)