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income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the …
Persistent link: https://www.econbiz.de/10011318591
Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …
Persistent link: https://www.econbiz.de/10012160984
lifecycle labor supply and savings decisions; and that this in turn risks invalidating current reform approaches of a closer …
Persistent link: https://www.econbiz.de/10011581722
This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses the differences in four UPPS designs defined with regard...
Persistent link: https://www.econbiz.de/10011993112
were interviewed to assess their knowledge about pensions and financial issues and about their own savings and personal …
Persistent link: https://www.econbiz.de/10012262648
age for women born after 1951 in Germany, we show evidence of a reduction in private savings rate and an increase in …
Persistent link: https://www.econbiz.de/10012133536
relationship between the gender gap in financial literacy and the gender gap in pension savings amongst non-retired adults aged 18 … where the focus is on pension savings and a more structural specification where the focus is on the "pension return" (the … ratio of pension savings to cumulative earnings). Oaxaca-Blinder decomposition analysis suggests that around 8.5 per cent of …
Persistent link: https://www.econbiz.de/10013187217
' retirement-savings decisions. In both conditions, the calculator projects workers' retirement income goal. In the treatment … condition, it also projects retirement income based on defined-contribution savings, prominently displays the gap between …
Persistent link: https://www.econbiz.de/10013470207
more light on the relationship between public and private savings by analyzing private pension scheme participation in the … an increase in, or crowding in of, private savings. -- Ageing ; savings behavior ; social security ; subjective …
Persistent link: https://www.econbiz.de/10003753597
, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient … even if returns to pension funds are low due to legal restrictions on savings vehicles. …
Persistent link: https://www.econbiz.de/10011403229