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In this paper, I am using the data from the 2013 Chinese Household Finance Survey (CHFS) to explore the impacts of … have diversified ways to support financial life after retirement. In addition, annual household disposable income, family …
Persistent link: https://www.econbiz.de/10012910582
population aging over the period 2000–14. While there is little doubt that household savings have decreased, the true trend … of risky assets in household portfolios increases with age and barely decreases even for retired households. The main … sources of increasing household wealth are the increasing wealth of the elderly and the increasing proportion of the wealthier …
Persistent link: https://www.econbiz.de/10012964317
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literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of …
Persistent link: https://www.econbiz.de/10012195738
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insurance between the household categories than in the difference in their savings rates. Whereas the average amount saved on … Sparquote zu. Außerdem beeinflußt die Art der sozialen Sicherung die Höhe der Sparquote. Selbständigen-Haushalte sparen einen … Abschluß von Lebensversicherungen treffen. (Nichtbeamtete) Arbeitnehmer dagegen sparen einen Teil ihres Einkommens nicht …
Persistent link: https://www.econbiz.de/10011432523
correct for some parts of household savings, we question the correctness of the unitary model with respect to non …-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking … "peer effect". The unitary model of household decision making can thus be rejected with respect to retirement savings. …
Persistent link: https://www.econbiz.de/10011582956
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This paper specifies a life cycle model of saving and employment and uses it to analyze crowd out of private household … benefit (DB) and defined contribution (DC) pensions on average crowd out household wealth by $ 0 09 and $ 0 37 per dollar of …
Persistent link: https://www.econbiz.de/10011798975