Showing 1 - 10 of 22
a simple life cycle explanation for savings. They also raise questions about whether pensions are fundamentally a tax … and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread … those with pensions than for those without pensions. Multivariate regressions relating total wealth to pension coverage and …
Persistent link: https://www.econbiz.de/10012472131
This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of retirement decisions of husbands and wives. Estimation is...
Persistent link: https://www.econbiz.de/10012468388
security are the least well informed about their social security benefits, while those who are most dependent on pensions are …
Persistent link: https://www.econbiz.de/10012470312
An enhanced version of a structural model jointly explains benefit claiming, wealth and retirement, including reversals from states of lesser to greater work. The model includes stochastic returns on assets. Estimated with Health and Retirement Study data, it does a better job of predicting...
Persistent link: https://www.econbiz.de/10012459590
of pensions and social security that better reflects the accrual of benefits under defined contribution plans. We also …
Persistent link: https://www.econbiz.de/10012470495
Unlike previous studies, we take explicit account of pensions earned on jobs not covered by Social Security, a key …
Persistent link: https://www.econbiz.de/10012458939
detailed information on the level and distribution of pension wealth and a variety of incentives from pensions. Differences … between the pensions of men and women are largely explained by differences in earnings. However, there also are differences in … similar between the NLS-MW and HRS surveys. Systematic differences between the surveys in the rate at which pensions were …
Persistent link: https://www.econbiz.de/10012471613
Together, pensions, social security and health insurance account for half of the wealth held by all households in the …
Persistent link: https://www.econbiz.de/10012472912
This paper studies cost of living adjustments in pensions from the perspective of labor economics. Evidence from … value of pensions by only fourteen percent. Simulation analysis allows an examination of the effects of pension COLA …
Persistent link: https://www.econbiz.de/10012475079
Pensions have played a key role in the transformation of the way workers are paid in the US labor market This paper … reviews and synthesizes what is known about the form and function of employer-provided pensions, and identifies areas where … next decade. There are a number of studies which explore the tax advantages of pensions. the special value of pension …
Persistent link: https://www.econbiz.de/10012475704