Showing 1 - 10 of 18
based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement … spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement. The reduction cannot …
Persistent link: https://www.econbiz.de/10005106653
Theory predicts a number of mechanisms through which survival expectations influence retirement decisions: a wealth … Ageing to test whether the timing of retirement is responsive to subjective survival expectations. Measurement error in … sensitive to allowing for endogeneity. Surprisingly, the retirement behaviour of the less educated is more sensitive to survival …
Persistent link: https://www.econbiz.de/10005106676
same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … from the equity premium. Second, financial literacy is positively related to retirement planning, and the development of a …
Persistent link: https://www.econbiz.de/10009274334
In this study we gauge the impact of social interactions on individual retirement preferences. A survey including self …-assessments and vignette questions shows that individual preferences are affected by preferences and actual retirement behavior of the … social environment. Retirement from paid work depends on the retirement age of relatives, friends, colleagues and …
Persistent link: https://www.econbiz.de/10010822698
In the policy debate on increasing the statutory retirement age, the issue has been raised to make an exception for … retirement scheme for such occupations through higher taxes. A representative sample of Dutch adults answered several questions … confounding factors affecting the evaluations of the demanding nature of the jobs as well as their reasonable retirement age or …
Persistent link: https://www.econbiz.de/10011079890
skills may beinadequate to cope with the increasing responsibility for making retirement decisions. In thispaper, we examine … the relationship between financial knowledge and retirement planning inthe Netherlands. For this purpose, we have designed … associationbetween financial knowledge and retirement planning. Using information on economicseducation when young, we show that the …
Persistent link: https://www.econbiz.de/10008500696
This paper presents an analysis of the financial behaviour of Dutch households on the basis of the DNB Household Survey. The results of this survey provide insight into the backgrounds and consequences of the persistent rise of household debt. The increase in mortgage debt is related to mortgage...
Persistent link: https://www.econbiz.de/10005030224
This paper examines the financial behaviour of 77 Dutch pension funds during 2002-2005. Using microdata, we investigate differences across various types of funds. Both the asset mix and the degree of home bias are related to the size of pension funds: large institutions invest more in equity and...
Persistent link: https://www.econbiz.de/10005101794
saving for retirement and favours a defined benefit pension system. If offered a combined defined benefit … change the composition of their retirement savings portfolio in response to their personal financial situation, general … respondents who have chosen a relatively safe portfolio (less stock, more bonds) appear to prefer the retirement income streams of …
Persistent link: https://www.econbiz.de/10005101846
This report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad survey commissioned by the Nederlandsche Bank, held in March of this year. The investigation shows that risk bearing elements are becoming more and more important in households...
Persistent link: https://www.econbiz.de/10005101930