to obtain a tractable empirical model: fixed retirement and pension claiming ages, no borrowing constraint, little or no … uncertainty, and no institutional restrictions on pension claiming. I specify a richer version of the life cycle model that … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …

households. The survey contains rich information on household wealth, pension rights and savings attitudes. A result of the …The Dutch mandatory pension system consists of two parts: a public pay-as-you-go part that provides a minimum income to … income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data …

In a nationally-representative sample, we predict retirement savings using survey-based elicitations of exponential … present over the future, are highly significant and economically meaningful predictors of retirement savings. These … calculations suggest that eliminating EGB and PB would increase retirement savings by approximately 12 percent …

that those with higher levels of financial literacy are more likely to have various forms of supplementary pension cover …

Facing a reduction in pension generosity, individuals can compensate the loss by working longer or saving more. This … paper shows that the impact of changes in pension generosity on saving crucially depends on the possibility of prolonging … future employment. Exploiting across cohort variation in expected pension wealth induced by a 3-year lift in early retirement …

In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … of workers born in 1950 or later. At the same time, a tax-facilitated savings plan was introduced that substantially … assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …

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 …

distortions. I document major trends in aggregate savings, investment, trade, and net foreign asset positions in China, and …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …

region. In terms of sheer magnitudes, China's national savings and current account surpluses dominate the region's saving-investment … growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …