Chai, Jingjing; Maurer, Raimond; Mitchell, Olivia S.; … - 2011
workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for … economic shocks, and it also explores how people may react by changing their consumption, saving and investment, work and … work hours, consumption, saving, and equity exposure; later in life, they will work more, retire later, consume less …