international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …

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 …

Germany faces a demographic aging process which affects the working-age population first. This paper surveys some … public deficits in combination with falling private savings. …

In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension …, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient … even if returns to pension funds are low due to legal restrictions on savings vehicles. …

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the …

-person households (e.g. with a husband and a wife) from the Dutch CentER Savings Survey, we find that wives find saving for old age more …

-migrant. Although migrants lose their original social networks whilst overseas, savings and human capital accumulation acquired abroad …

situation can be closely monitored, but that it might be a very important complement when savings inhibit observing financial …