Curriculum Vitae

NADIA KARAMCHEVA

 

Principal Analyst/Economist                                  Office: +1(202) 226 5667

Congressional Budget Office                                 Email: nadia.karamcheva@cbo.gov

2nd and D St SW                                                     http://www.karamcheva.com

Washington DC, 20515                                                             

                                

 

Current Employment

Congressional Budget Office, Labor, Income Security, and Long-Term Analysis Division

·      Principal Analyst/Economist, 2015 to present

 

Johns Hopkins University

·     Adjunct Faculty, Master of Science in Applied Economics Program, 2014 to present


Education

Ph.D. Economics, Boston College, Chestnut Hill, MA

Dissertation: Essays on Private Pensions and Workers’ Savings Behavior

Committee Members: Peter Gottschalk, Shannon Seitz, and Alicia Munnell

M.A. Economics, Boston College, Chestnut Hill, MA

B.A. Economics and Business Administration, Minor in Mathematics, Honors in Economics, Magna cum Laude, American University in Bulgaria, Blagoevgrad, Bulgaria, 


Fields of Interest

Labor Economics, Applied Econometrics, Retirement and Aging


Affiliations

National Academy of Social Insurance, Member

Center for Retirement Research, Boston College, Research Affiliate

IZA - Institute for the Study of Labor, Bonn, Germany, Research Fellow


Other Professional Experience

Research

 

The Urban Institute, Income and Benefits Policy Center

·      Research Associate I/Economist, 2010 to 2015

Center for Retirement Research, Boston College

·     Graduate Research Assistant, 2005 - 2010

Department of Economics, Boston College

· Research Assistant, Prof. Shannon Seitz, Summer 2006

·     Research Assistant, Prof. Christopher Baum, Fall 2004

Bulgarian National Bank

· Intern, Division of Economic Analysis, Summer 2004

Teaching


Johns Hopkins University, Masters of Applied Economics

·     Instructor, “Microeconometrics”, Fall 2014 to present

Boston College, Department of Economics

·     Instructor, “Principles of Microeconomics”, Fall 2007

·     Teaching Assistant to Richard Tresch, “Principles of Macroeconomics”, Spring 2007 & 2008

· Instructor, “Math Review Session for new Economics PhD students”, August 2006, 2007

·     Teaching Assistant, “Graduate Microeconomic Theory I”, Fall 2006

·     Teaching Assistant, “Graduate Microeconomic Theory I and II”, 2005/2006

·     Teaching  Assistant to Christopher Baum, “Econometric Methods”, Spring 2005

American University in Bulgaria

· Teaching Assistant, “Business Statistics”, 2001-2004


Publications

 

Journal Articles and Book Chapters

 

Falk, Justin and Nadia S. Karamcheva. 2022. “The Impact of an Employer Match and Automatic Enrollment on the Savings Behavior of Public-Sector Workers,” Journal of Pension Economics and Finance, First View, 1-31, https://doi.org/10.1017/S1474747221000366.

 

Butrica, Barbara A. and Nadia S. Karamcheva. 2020. “Is Rising Household Debt Affecting Retirement Decisions?” In: Mitchell, O., and A. Lusardi (eds.), Remaking Retirement: Debt in An Aging Economy. Oxford, UK: Oxford University Press. Chapter 8.

 

Butrica, Barbara A. and Nadia S. Karamcheva. 2018. “Automatic Enrollment and Its Relation to the Incidence and Distribution of DC Plan Contributions: Evidence from a National Survey of Older Workers”, Journal of Consumer Affairs, First published online: 29 July 2018, (earlier version: Center for Retirement Research at Boston College, WP#2015-14)

 

Butrica, Barbara A. and Nadia S. Karamcheva. 2018. “In Debt and Approaching Retirement: Claim Social Security or Work Longer?” AEA Papers and Proceedings, 108:401-406.

 

Johnson, Richard and Nadia. S. Karamcheva. 2017. What Explains the Educational Differences in the Propensity to Work Among Older Adults?” Journal of Organizational Psychology, 17(6): 91-119.

 

Butrica, Barbara A. and Nadia S. Karamcheva. 2015. “Automatic Enrollment, Employer Match Rates and Employee Compensation in 401(k) Plans”, Monthly Labor Review, May (2015).

 

Karamcheva, Nadia S. and Geoffrey Sanzenbacher. 2014. “Bridging the Gap in Pension Participation: How Much Can Universal Tax-Deferred Pension Coverage Hope to Achieve?”, Journal of Pension Economics and Finance, 13(4): 439-459

 

Karamcheva, Nadia S. 2014. “Economics Policies on Social Security and the Elderly” In: Payson, Steven (ed.). Public Economics in the United States: How the Federal Government Analyzes and Influences the Economy. ABC-Clio Publishing. Chapter 8: 189-211.

 

Wu, April Yanyan, Nadia Karamcheva, Alicia Munnell and Patrick Purcell. 2013. “How Do Trends in Women's Labor Force Activity and Marriage Patterns Affect Social Security Replacement Rates?” Social Security Bulletin, 73(4).

 

Munnell, Alicia H., Alex Golub-Sass and Nadia S. Karamcheva. 2013. “Unusual Social Security Claiming Strategies: Claim and Suspend, and Claim Now, Claim More Later”, Journal of Financial Planning, 26(8): 40-47.

 

Working Papers

 

Karamcheva, Nadia and Victoria Perez-Zetune. 2023. “Defined Benefit and Defined Contribution Plans and the Distribution of Family Wealth,” Congressional Budget Office Working Paper #2023-02.

 

Karamcheva, Nadia, Jeffrey Perry, and Constantine Yannelis. 2020. “Income-Driven Repayment Plans for Student Loans,” Congressional Budget Office Working Paper #2019-06.

 

Falk, Justin and Nadia S. Karamcheva. 2019. “The Effect of the Employer Match and Defaults on Federal Workers' Savings Behavior in the Thrift Savings Plan,” Congressional Budget Office Working Paper #2019-06

 

Butrica, Barbara and Nadia S. Karamcheva. 2019. “Is Rising Household Debt Affecting Retirement Decisions?” Pension Research Council Working Paper #2019-14

 

Falk, Justin and Nadia S. Karamcheva. 2018. “Comparing the Effects of Current Pay and Defined Benefit Pensions on Employee Retention”, Congressional Budget Office Working Paper #2018-06.

 

Johnson, Richard and Nadia. S. Karamcheva. 2016. “What Determines Gradual Retirement?: Differences in the Path to Retirement Between Low- and High- Educated Older Workers,”  Working Paper (unpublished manuscript).

 

Karamcheva, Nadia S., Alicia Munnell and April Yanyuan Wu. 2015. “Does Social Security Continue to Favor Couples?”, Center for Retirement Research at Boston College WP#2015-11, (revise and resubmit for National Tax Journal)

 

Butrica, Barbara and Nadia S. Karamcheva. 2014. “The Impact of Informal Caregiving on Older Adults’ Labor Supply and Economic Resources”, Department Of Labor Policy Report.

 

Butrica, Barbara and Nadia S. Karamcheva. 2013. “Does Household Debt Influence the Labor Supply and Benefit Claiming Decisions of Older Americans?”, Center for Retirement Research at Boston College WP#2013-22.

 

Butrica, Barbara and Nadia S. Karamcheva. 2012. “The Changing Causes and Consequences of Not Working before Age 62”, Working Papers, Center for Retirement Research at Boston College, WP#2012-3

 

Karamcheva, Nadia S. 2010. “Private Pensions and Wealth Accumulation in a Dynamic Model of Job Search and Savings”. Boston College (Dissertation).

 

Munnell, Alicia H., Steven A. Sass, Alex Golub-Sass and Nadia Karamcheva. 2009. “Unusual Social Security Claiming Strategies: Costs and Distributional Effects”, Working Papers, Center for Retirement Research, WP#2009-17

 

Policy Papers

 

Karamcheva, Nadia. 2022. “Trends in the Distribution of Family Wealth, 1989 to 2019”, Congressional Budget Office, https://www.cbo.gov/publication/57598

 

Karamcheva, Nadia, Jeffrey Perry, and Constantine Yannelis. 2020. “Income-Driven Repayment Plans for Student Loans: Budgetary Costs and Policy Options”, Congressional Budget Office Report, https://www.cbo.gov/publication/55968

 

Berne, Jordan, David Burk, and Nadia Karamcheva.  2019. “Employment of People Ages 55 to 79”, Congressional Budget Office, https://www.cbo.gov/publication/55454

 

Falk, Justin and Nadia S. Karamcheva. 2017. “Options for Changing the Retirement System for Federal Civilian Workers”,  Congressional Budget Office,  https://www.cbo.gov/publication/53003

 

Karamcheva, Nadia. 2016. “Trends in Family Wealth, 1989 to 2013”, Congressional Budget Office,  https://www.cbo.gov/publication/51846

 

Favreault, Melissa M. and Nadia S. Karamcheva. 2011. “How Would the President’s Fiscal Commission’s Social Security Proposals Affect Future Beneficiaries?” Washington, DC: The Urban Institute.


Research Briefs

 

Butrica, Barbara A. and Nadia S. Karamcheva. 2013. “How Does the 401(k) Auto-enrollment Relate to the Employer Match and Total Compensation?” Issues in Brief, Center for Retirement Research #13-14.

 

Wu, April Yanyuan, Nadia S. Karamcheva, Alicia H. Munnell and Patrick Purcell. 2013. "How Does Women Working Affect Social Security Replacement Rates?" Issues in Brief, Center for Retirement Research #13-10

 

Karamcheva, Nadia. 2013. “Is Household Debt Growing for Older Americans?” Program on Retirement Policy, Issue in Brief #33.

 

Karamcheva, Nadia and Geoffrey Sanzenbacher, 2010. “Pension Participation and Uncovered Workers” Issues in Brief, Center for Retirement Research, IB#10-13.

 

Karamcheva, Nadia and Geoffrey Sanzenbacher, 2010. “Is Pension Inequality Growing?” Issues in Brief, Center for Retirement Research, IB#10-1.

 

Munnell, Alicia H., Alex Golub-Sass and Nadia Karamcheva. 2009. “Strange But True: Claim and Suspend”, Issues in Brief, Center for Retirement Research, IB#9-11.

 

Munnell, Alicia H., Alex Golub-Sass and Nadia Karamcheva. 2009. “Strange But True: Claim Social Security Now, Claim More Later” Issues in Brief, Center for Retirement Research,IB#9-9.

 

Munnell, Alicia H., Alex Golub-Sass and Nadia Karamcheva. 2009. “Strange but True: Free Loan from Social Security”, Issues in Brief, Center for Retirement Research, IB#9-6.

 

Karamcheva, Nadia and Alicia H. Munnell, 2007. "Why Are Widows So Poor? Issues in Brief, Center for Retirement Research, IB#7-9.

 

Awards, Honors, and Scholarships

The Robert Corrin Prize for Outstanding Research on Issues Related to Savings and Retirement Issues, Savings and Retirement Foundation 2022

H. Michael Mann Summer Fellowship Award, Boston College, 2008

Center for Retirement Research Dissertation Fellowship, Boston College, 2007-2008

Greeley Summer Dissertation Fellowship, Boston College, 2007

Tuition Remission Scholarship, Stipend and Fellowship, Boston College, 2004 - 2009

Global Supplementary Grant, Open Society Institute, 2004

Starr Foundation Grant, American University in Bulgaria, 2001-2004

Academic Excellence Scholarship, American University in Bulgaria, 2001-2004

Academic Excellence Scholarship, Sofia University, 2000

Conference Presentations

Savings and Retirement Foundation Lunch Forum, Washington, DC, January 2023

APPAM Fall Research Conference, Washington DC, November 2023

APPAM Fall Research Conference, Austin TX, March 2022

Savings and Retirement Foundation Lunch Forum, Washington, DC, June 2021

National Tax Association Annual Conference, Virtual, November 2020

Savings and Retirement Foundation Lunch Forum, Washington, DC, February 2020

American Economic Association Annual Meeting, San Diego, CA, January 2020

Pension Research Council Symposium, Philadelphia, PA, May 2019

National Tax Association Annual Conference, New Orleans, LA, November 2018

American Economic Association Annual Meeting, Philadelphia, PA, January 2018

National Tax Association Annual Conference, Philadelphia, PA, November 2017

Savings and Retirement Foundation Lunch Forum, Washington, DC, January 2017

Allied Social Sciences Association, SGE Session, Chicago, IL, January 2017

National Tax Association Annual Conference, Baltimore, MD, November 2016

Society of Government Economists Luncheon, Washington, DC, March 17, 2016

Allied Social Sciences Association, SGE Session, San Francisco, CA, January 2016

National Tax Association Annual Conference, Boston, MA, November 2015

APPAM Fall Research Conference, Miami, FL, November 2015

Allied Social Sciences Association, SGE Session, Boston, MA, January 2015

Southern Economic Association, Atlanta, Georgia, November 2014

16th Retirement Research Consortium Conference, Washington DC, August 2014

Netspar International Pension Workshop, Italy, Venice, June 2014.

Society of Government Economists Annual Meeting, Washington DC, November 2013

15th Retirement Research Consortium Conference, Washington DC, August 2013

Netspar International Pension Workshop, Frankfurt, Germany, June 2013

Netspar International Pension Workshop, Amsterdam, The Netherlands, January 2013

APPAM Fall Research Conference, Washington DC, November 2012

Society of Government Economists Annual Meeting, Washington DC, November 2012

Population Association of America, Annual Meeting, San Francisco, May 2012

APPAM Fall Research Conference, Washington DC, November 2011

13th Retirement Research Consortium Conference, Washington DC, August 2011

16th Annual Meeting of the Society of Labor Economists, Vancouver, Canada, April 2011

Econometric Society World Congress, Shanghai, China, August 2010

Netspar International Pension Workshop, Zurich, Switzerland, June 2010

Econometrics and Applied Microeconomics Seminar, Boston College, December 2009

Green Line Macroeconomics Meeting, Boston College and Boston University, October 2009

Institute on Computational Economics, University of Chicago, August 2009

11th IZA European Summer School in Labor Economics, May 2008

Dissertation Workshop, Boston College, Spring 2007, 2008, Fall 2007, 2008, 2009


Invited Discussant

Center for Financial Security, University of Wisconsin-Madison, Webinar, September 2019

National Tax Association Annual Conference, New Orleans, LA, November 2018

19th Retirement Research Consortium Conference, Washington, DC, August 2017

American Economic Association, SGE session, Chicago, January 2012

Southern Economic Association, SGE session, Washington DC, November 2011

Netspar International Pension Workshop, Amsterdam, The Netherlands, January 2011


Co-author Presentations of Co-authored Papers

National Tax Association Annual Conference, New Orleans, LA, November 2018 

APPAM Fall Research Conference, Washington, DC, November 2018

14th  Retirement Research Consortium Conference, Washington DC, August 2012

SGE Annual Meeting at the Southern Economic Association, Washington DC, November 2012


Refereeing Activity

Journal of Public Economics, Journal of Pension Economics and Finance; The B.E. Journal of Macroeconomics; LABOUR: Review of Labour Economics and Industrial Relations; Economic Papers; Journal of Population Ageing; Retirement Management Journal;  Journal of Retirement; Journal of Behavioral Finance


Computer Skills

Software: Fortran 90, MPI – parallel programming, STATA, SAS, Matlab, Mathematica, LaTeX, SPSS, Eviews, HTML, MS Office, Python (beginner)

Datasets: HRS (including restricted data), PSID, CPS, SCF, IPUMPS, NCS, SIPP(including restricted data), OPM and TSP administrative earnings data, NSLDS administrative data

Professional Memberships

Member of American Economic Association (AEA), Population Association of America (PAA), Association for Public Policy Analysis and Management (APPAM), Society of Labor Economists (SOLE), Society of Government Economists (SGE).

 

Other Information

Languages: Bulgarian – native, English – fluent

 

Last updated: November, 2023