A central justification for social insurance and for other policies aimed at retirement savings is that individuals may … payroll taxes and other withholding to fund retirement savings as akin to an income tax, while largely ignoring the distant …, making savings-promotion policies much more costly than appreciated. Or consider what may be the labor supply implications …

This paper revisits the debate on whether the expansion of the tax-favored saving accounts stimulates savings and helps … generations and find that the policy can have a strong impact on savings, raising the capital stock and output of the economy. The … policy effectively reduces the cost of incremental savings at different points of life-cycle when households would otherwise …

This paper studies the elimination of traditional pensions and subsequent adoption of 401(k) plans by U.S. employers …

The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older … consumption, income, or savings behavior. With longitudinal data on mothers and children from the Panel Study of Income Dynamics … find evidence of a decline in consumption, an increase in labor supply, and a decrease retirement savings, though the …

until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model …