Showing 1 - 4 of 4
life expectancy related to observable factors such as income, gender, and health have large effects on savings, and that …
Persistent link: https://www.econbiz.de/10012757992
supply and savings of two different cohorts. To do so, we estimate a rich life-cycle model of couples and singles using the … labor market participation, hours, and savings for married and single people and generates plausible elasticities of labor … participation of married men after age 55, and the savings of couples. These effects are large for both the 1945 and 1955 cohorts …
Persistent link: https://www.econbiz.de/10012944636
Households hold vastly heterogenous amounts of wealth when they reach retirement, and differences in lifetime earnings explain only part of this variation. This paper studies the role of intergenerational transmission of ability, voluntary bequest motives, and the recipiency of accidental and...
Persistent link: https://www.econbiz.de/10013055193
The data show that an increase in government provided old-age pensions is strongly correlated with a reduction in … them with old age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker …
Persistent link: https://www.econbiz.de/10013223341