rank them but that the retirement motive is the most important saving motive of European households if the quantitative …We analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey … saving motive of European households when the proportion of households saving for each motive is used as the criterion to …

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … period). These findings strongly suggest that the Wealth Decumulation (or Retirement Saving) Puzzle (the tendency of the … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the …

This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally … distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …

-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …

This letter revisits the question of how wealth shocks influence retirement behaviour, exploiting the dramatic changes … in UK asset prices between 2008 and 2009 as a source of such shocks. We find no evidence that the wealth shocks arising … from this recent financial crisis affected the retirement plans of older workers in England. …

light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …