Narrow search
Showing 1 - 10 of 2,180
Cover Image
Rates of return and early retirement disincentives : evidence from a German pension reform
Lüthen, Holger - 2014
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10010362261
Cover Image
Does consumption decline at retirement? : evidence from repeated cross-section data for Germany
Beznoska, Martin; Steiner, Viktor - 2012
The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the life-cycle hypothesis is solved by allowing for broader...
Persistent link: https://www.econbiz.de/10009579313
Cover Image
Household savings decision and income uncertainty
Beznoska, Martin; Ochmann, Richard - 2010
uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …
Persistent link: https://www.econbiz.de/10009261306
Cover Image
Savings in Central Eastern Europe
Schrooten, Mechthild; Stephan, Sabine - 2001
The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies …, aggregate and private savings are driven by almost the same forces - this is the central focus of the paper. The most important …
Persistent link: https://www.econbiz.de/10011434227
Cover Image
Private savings in Eastern European EU-accession countries : evidence from a dynamic panel data model
Schrooten, Mechthild; Stephan, Sabine - 2003
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10011438969
Cover Image
Would information on consumer confidence have helped to predict UK household expenditure during the recent economic crisis?
Gausden, Robert; Hasan, Mohammad S. - In: Applied economics 48 (2016) 16/18, pp. 1695-1709
Persistent link: https://www.econbiz.de/10011456726
Cover Image
Private saving, interest rates and liquidity constraints in LDCs : recent evidence
Villagomez, F. Alejandro - In: Applied economics 29 (1997) 5, pp. 607-615
Persistent link: https://www.econbiz.de/10001225024
Cover Image
Shifts in US savings : long-run asset accumulation versus consumption smoothing
Tanner, Evan - In: Applied economics 29 (1997) 8, pp. 989-999
Persistent link: https://www.econbiz.de/10001227148
Cover Image
Liquidity constraints and the permanent income hypothesis : pseudo panel estimation with German consumption survey data
Beznoska, Martin; Ochmann, Richard R. - 2012
This paper empirically investigates the relevance of liquidity constraints and excess sensitivity in intertemporal household consumption. Using a pseudo panel that has been constructed on rich German consumption survey data, we estimate the consumption responses to permanent and transitory...
Persistent link: https://www.econbiz.de/10009579365
Cover Image
The effect of partial retirement on labor supply, public balances and the income distribution : evidence from a structural analysis
Tolan, Songül - 2017
substantially less so when wages and pensions in partial retirement remain uncompensated. Partial retirement decreases inequality in …
Persistent link: https://www.econbiz.de/10011709806