the savings rate is not homogeneous. On average, the effect attributed to real estate dominates the other components of … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …

This paper re-examines the effects of population aging and pension reforms in an OLG model with labor market frictions … unemployment rate. Exogenous shocks (such as aging) leading to lower interest rates also imply lower equilibrium unemployment rates …

countries. One hypothesis is that savings respond to cultural specific social norms. A seminal paper in economics (1) however … did not find any effect of culture on savings. We revisit this evidence using a novel dataset, which allows us to study …

by introducing the facts, figures, and forecasts surrounding the aging of populations across different countries at … might consider to mitigate the strain – and to harness the full potential – of aging populations worldwide …

turned to Unemployment Insurance Savings Accounts (UISAs) as an alternative to traditional systems of unemployment insurance …. UISAs are schemes of individual mandatory savings. Therefore, they smooth income over an individual's life cycle rather than …

This paper analyzes savings and asset holdings of immigrants in relation to their return plans. We argue that savings … and asset accumulation may be affected by return plans of immigrants. Further, the way savings and assets are held in the … home- and host country may also be related to future return plans. Thus, comparing savings and assets between immigrants …

characteristic are correlated with more job opportunities. Policy simulations ten suggest that the risk pooling and savings component …