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The Wealth Decumulation Behavior of the Retired Elderly in Italy : The Importance of Bequest Motives and Precautionary Saving

Ventura, Luigi - 2020

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that … retired elderly in Italy are continuing to accumulate wealth and that more than 80 percent are doing positive amounts of …

Persistent link: https://www.econbiz.de/10012481942

Saving and Cohabitation : The Economic Consequences of Living with One's Parents in Italy and the Netherlands

Alessie, Rob - 2005

from Italy and the Netherlands. It presents a two-period gametheoretical model where the child has to decide whether to …. We find strong positive effects of the child income share on the saving rate in Italy, where we calculate saving as the …

Persistent link: https://www.econbiz.de/10012467608

The Size and Composition of Wealth Holdings in the United States, Italy, and the Netherlands

Kapteyn, Arie - 2003

This paper analyzes retirement saving and portfolio choice in the United States, Italy, and the Netherlands. While … worth and gross wealth should be highest in Italy, that Dutch households should hold the lowest wealth levels at retirement …

Persistent link: https://www.econbiz.de/10012468512

Dissaving by the Elderly, Transfer Motives and Liquidity Constraints

Ando, Albert - 1993

Two explanations have been proposed for the observed slowness of wealth decumulation by the elderly in the literature: the precautionary saving induced by (uninsurable) uncertainty about the time of death or by the possibility of major catastrophes in old age that require large outlays; the...

Persistent link: https://www.econbiz.de/10012474371

Younger Households Saving : Evidence From Japan and Italy

Ando, Albert - 1991

Both young and old consumers appear to dissave too little for their behaviour to be consistent with a strict life cycle model. We concentrate on young households and document their behaviour drawing from Italian and Japanese data. We also provide a theoretical set-up which can account for the...

Persistent link: https://www.econbiz.de/10012475118

Public policies and household saving

Poterba, James M. (ed.) - 1994

Persistent link: https://www.econbiz.de/10013480937

International comparisons of household saving

Poterba, James M. (contributor) - 1994

Persistent link: https://www.econbiz.de/10013481012