Showing 1 - 10 of 1,392
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …, rather than its overall sustainability, that leads households to reduce their consumption. We perform as well a threshold …
Persistent link: https://www.econbiz.de/10012597339
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in low- and middle-income countries (LMICs) in the last three decades. However, the introduction of public benefits could displace informal mechanisms...
Persistent link: https://www.econbiz.de/10012207762
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012141169
the relationship with wealth at death, on the form of the bequest, and on the different causes to which people bequeath. …
Persistent link: https://www.econbiz.de/10010289929
the relationship with wealth at death, on the form of the bequest, and on the different causes to which people bequeath. …
Persistent link: https://www.econbiz.de/10011156473
be flexibly estimated across age groups. We find that the Scottish policy reduced the average household saving by about … household saving by £12,764. …
Persistent link: https://www.econbiz.de/10011307455
individuals. Using choice tasks responses from Poland collected as part of the Survey of Health, Ageing, and Retirement in Europe …
Persistent link: https://www.econbiz.de/10013470406
-cycle incomplete-markets model with a financial asset and housing to match the large heterogeneity of households asset portfolios …
Persistent link: https://www.econbiz.de/10012179936
Financial literacy is higher for men than for women and high financial literacy has been linked to higher wealth and … better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …
Persistent link: https://www.econbiz.de/10012005889
labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from … form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover …
Persistent link: https://www.econbiz.de/10011931628