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been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … reinforced by wealth and earned income. …
Persistent link: https://www.econbiz.de/10010239270
In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … between private and public wealth. On the other hand, there is a group of mostly high-wage workers who participate in the tax …-facilitated Life Course Savings Scheme and who increase private savings to fully counter the impact of the drop in public wealth. A …
Persistent link: https://www.econbiz.de/10011876086
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the … few surveys collecting information on wealth and pension entitlements at the individual level. Pension wealth data are …
Persistent link: https://www.econbiz.de/10013373281
This paper uses new data on Swedish national wealth over a period of two hundred years to study whether the patterns in … 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 …
Persistent link: https://www.econbiz.de/10011347159
While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10010195489
Measuring poverty trends and dynamics is an important undertaking for poverty reduction policies, which is further highlighted by the SDG goal 1 on eradicating poverty by 2030. We provide a broad overview of the pros and cons of poverty imputation in data-scarce environments, update recent...
Persistent link: https://www.econbiz.de/10012603834
Using harmonized wealth data and a novel decomposition approach, we show that cohort effects exist in the income …
Persistent link: https://www.econbiz.de/10010212303
data from the Eurosystem Household Finance and Consumption Survey (HFCS) to analyse the household's wealth composition and … accumulation process in the euro area. To quantify the size of the housing wealth and its potential to enhance existing and future … then catalogue and discuss the many alternative options for managing and accessing housing wealth over the life cycle, and …
Persistent link: https://www.econbiz.de/10012120692
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011876189
additional structure point identifies the fraction at 67%. An original survey of Swiss pensioners reveals that reference …
Persistent link: https://www.econbiz.de/10012256958