life expectancy related to observable factors such as income, gender, and health have large effects on savings, and that …

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 …

supply and savings of two different cohorts. To do so, we estimate a rich life-cycle model of couples and singles using the … labor market participation, hours, and savings for married and single people and generates plausible elasticities of labor … participation of married men after age 55, and the savings of couples. These effects are large for both the 1945 and 1955 cohorts …

The data show that an increase in government provided old-age pensions is strongly correlated with a reduction in … them with old age transfers. The effect of increases in government provided pensions on fertility in the Barro and Becker …