Funds from this grant will support the development and administration of a fellowship program aimed at encouraging young economists to work on understudied or poorly understood issues at the intersection of aging and work. Over the course of five years, eleven two-year fellowships will be awarded, providing a stipend and tuition support to qualified pre-doctoral students interested in studying the economics of labor market activity by older workers in the U.S. The fellowships will be administered by David Card, a leading labor economist and program director of NBER's Labor Studies Program.