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There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
) severance insurance plans or (ii) severance savings plans is important; savings plans have no "firing cost" effects on employer … worker for benefits. Plans that pay benefits across all separations are functionally severance savings plans. The variety of …
Persistent link: https://www.econbiz.de/10003968599
Partnering with a savings product provider in Kenya, we tested the extent to which behavioral interventions and … participants were asked to keep track of their weekly deposits (3) a match of weekly savings: The match was either 10% or 20% up to …
Persistent link: https://www.econbiz.de/10011497226
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
or income shocks by design and yet uncovers a similar trade-off in a world where agents are uncertain but hold beliefs …
Persistent link: https://www.econbiz.de/10012203129
The Great Recession had significant economic effects both in the U.S. and around the world. There is evidence that …, savings, length of stay in the U.S., and citizenship status affect the probability of homeownership before the recession and …
Persistent link: https://www.econbiz.de/10009763229
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10010222189
This paper analyzes the relationship between individuals' locus of control and their savings behavior, i.e. wealth … accumulation, savings rates, and portfolio choices. Locus of control is a psychological concept that captures individuals' beliefs …-of-control gap in savings rates is largest among rich households, the gap in wealth accumulation is particularly large for poor …
Persistent link: https://www.econbiz.de/10010228778
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
, savings, labor supply, leisure, type of relationship, divorce, and intermarriage. Predictions are based on Demand and Supply …
Persistent link: https://www.econbiz.de/10011572290