little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent … retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing … a cross-country panel of macroeconomic data, we find that increased longevity raises aggregate savings rates in …

and an incentive to save more themselves. For this reason, unfunded private pensions differ fundamentally from the … unfunded Social Security pension and the other unfunded federal government civilian and military pensions …

savings rates and I use this model to account for a high term premium and a volatile stochastic discount factor. The fact the …

For over three centuries and throughout the globe, people have enthusiastically bought savings products that … Linked Savings (PLS) accounts distribute periodic sizeable payments to some investors using a lottery-like drawing where an …

oversupply of savings. Other forces that work in the same direction and can both create or exacerbate the problem include a drop …

, possibly reflecting high-income countries' tendency to deploy their savings in the global capital markets. The presence of …