the OECD region. In order to quantify the social security variable, the paper uses the social security wealth (SSW) series … calculated for the first time for Turkey and shows that SSW is the largest part of the household wealth in Turkey and therefore …

that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent … and Social Security may be overstated. This paper develops an alternative, expanded wealth concept, augmenting precise net …

, this higher level of savings tends to reduce wealth inequality. Also, regardless of income, women's preferences increase …'s preferences. Thus, households heighten self-insurance by increasing precautionary savings for smoothing consumption and, in turn …

on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure … have access only to a risk‐free asset compared to when we account for the fact that much of their wealth is stored in …