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This paper examines whether the average level of human capital in a region affects the earnings of an individual residing in that region in a manner that is external to the individual's own human capital. I find little evidence of an external effect of human capital, which suggests that human...
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the participant with financial education. This paper finds that households covered by pension plans in which the employee … portfolio rebalancing or differences in income and saving preferences across households. This provides some evidence that the …
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Because employer-provided pensions represent an important source of income during retirement, accurate information on …
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in footnotes to the 10-K or, instead, some capitalization rate on the pension cost accruals embedded in the income …
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Many firms that sponsor traditional defined benefit pensions have converted their plans to cash balance plans in the …
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, the SCF data show that including pensions and Social Security in net worth makes the distribution more even. The analysis …
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