Showing 1 - 10 of 13
retirement along with the implications for saving. Importantly, the model incorporates a government budget constraint involving a … pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10010992356
Increasing life expectancies and uncertainty about future retirement incomes are likely to lead to various changes in … paper uses a new source of longitudinal data on the health, labour force participation and retirement decisions of older New …
Persistent link: https://www.econbiz.de/10010551630
Retirement conducted by researchers at Massey University. The study employs a range of measures of health including the results …, arguably masking the effect of privately held forms of retirement wealth. The paper reports associations between health, wealth … and retirement which do not necessarily constitute evidence of causality. …
Persistent link: https://www.econbiz.de/10010639528
level, the same question arises in relation to the saving for retirement: are New Zealanders adequately preparing for … retirement? This paper addresses the second of these questions. It develops a model of retirement wealth accumulation based on … may not be widespread undersaving for retirement. The results are consistent with overseas findings. We have chosen …
Persistent link: https://www.econbiz.de/10005607238
New Zealand experienced a sharp rise in labour force participation rates among older people over the period 1991?2001. This stands in contrast to the experience of most other OECD countries where such participation rates have been in steady decline. The predominant reason for this turnaround was...
Persistent link: https://www.econbiz.de/10005464956
significant element of retirement accumulation for many New Zealanders. The Treasury maintains a programme of work related to … housing, saving, wealth accumulation and retirement. The results of this contribute to Treasury's role in providing advice to … would be needed to smooth consumption between pre- and post-retirement. Finally it explores the effect of some home equity …
Persistent link: https://www.econbiz.de/10005464958
higher level of accumulation for retirement? The paper presents a range of information about the participation and level of … heightened awareness of the importance of retirement saving and saves additional amounts in other vehicles. An alternative … of workplace superannuation are associated with greater total retirement wealth may well have arisen from an "awareness …
Persistent link: https://www.econbiz.de/10005464969
expected retirement period. Thus, it is argued that when women have greater relative bargaining power, households will … retirement. The results suggest that in this setting it may be rational for women with greater bargaining power to favour greater …
Persistent link: https://www.econbiz.de/10005464985
The objective of this paper is to analyse the extent to which membership of KiwiSaver has been associated with greater accumulations of net wealth. The paper utilises two linked sources of data which cover the period 2002 to 2010: Statistics New Zealand’s Survey of Family, Income and...
Persistent link: https://www.econbiz.de/10010992357
This paper examines the effect of the last increase in the eligibility age for New Zealand’s public pension, New Zealand Superannuation, on household saving rates. The age of eligibility was increased progressively from 60 to 65 years old between 1992 and 2001, with little forewarning. Drawing...
Persistent link: https://www.econbiz.de/10010992364