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electrification impacts on different indicators. We use household data that we collected in Rwanda in villages with and without … income and children's home studying become insignificant if regional differences are accounted for. -- rural electrification …
Persistent link: https://www.econbiz.de/10009523515
wealth-income ratios previously found by Piketty and Zucman (2014) for some very rich and large Western economies extend to … lower wealth levels than the rest of Europe, and the main explanation is that the Swedes were too poor to save their income … political institutions for the long-run evolution of wealth-income ratios. …
Persistent link: https://www.econbiz.de/10011347159
In this paper, we document that households’ consumption expenditures depend on their expected earnings - even after controlling for realized earnings and wealth. To explain this evidence, we develop and structurally estimate a standard-incomplete markets model in which rational households...
Persistent link: https://www.econbiz.de/10013329447
important than their husbands. In a special high-income subsample we find that for this group the household members find saving … have larger incentives to save for old age than their husbands. This paper analyses the household members' attitudes … towards saving for old age, and the relation with the household saving and portfolio choice behaviour. Based on a panel of two …
Persistent link: https://www.econbiz.de/10011339680
income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household …The Dutch mandatory pension system consists of two parts: a public pay-as-you-go part that provides a minimum income to …
Persistent link: https://www.econbiz.de/10011318591
workers can avoid participation by working informally. A dynamic behavioral model captures a household's labor supply, formal … household preferences and earnings opportunities in the formal and the informal sector are jointly estimated using a … same level of income in retirement, by increasing the rate at which the benefits taper off. …
Persistent link: https://www.econbiz.de/10010359417
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10010223618
design of health insurance, pensions, and unemployment benefits programs. Going forward, there a few general principles that …
Persistent link: https://www.econbiz.de/10010229925
Governments are increasingly concerned about the capacity of pensions systems to meet demands in the coming years … well-informed about pensions. However, there are many reasons to believe that individuals may not be well-informed due to … the complexity of pensions systems and degrees of myopia. In this paper, we assess levels of knowledge of pensions using a …
Persistent link: https://www.econbiz.de/10010125872
mandatory retirement age may thus not only have positive government income effects but also negative effects on increasing …
Persistent link: https://www.econbiz.de/10010369753