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Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore important to include a rich set of observed...
Persistent link: https://www.econbiz.de/10011374416
This paper focuses on the role of habit formation in individual preferencesover consumption and saving. We closely relate to Alessie and Lusardi's(1997) model as we estimate a model which is based on their closed-formsolution, where saving is expressed as a function of lagged saving and...
Persistent link: https://www.econbiz.de/10011327546
Since the beginnings of the eighties house prices in the Netherlands haveincreased steadily and considerably. In this … paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We …) the savings of renters that may be considered as would-beowners. We find a significant effect of home equity on the demand …
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sets out to identify thefactors that determine the investment behaviour of firms, their attitude towardsvarious types of … energy policy,and their responsiveness to changes in environmental policy in the Netherlands.On the basis of discrete choice …
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