the scope of future model applications by examining the effects of a stylized Medicare program on patterns of wealth and …

spillovers, and the accumulation of wealth in a primarily descriptive manner. Drawing upon human capital theory and following … greater wealth accumulation than individuals who do not enjoy such spillovers from their occupation. Using data from the … tend to have greater financial knowledge and moderate evidence that they also have greater wealth accumulation …

found in the literature between cognitive ability, and in particular numeracy, and wealth, income constant. We have a number … suggest that causality is more likely to run from pension wealth to pension knowledge, rather than the other way around … forms of wealth. Rather, counting pensions in total wealth, those with more valuable pensions save more for retirement …

enhance understanding of factors influencing consumption, wealth and health. We develop three primary results when using the … model to explore the effects of stylized versions of Medicare and Social Security on wealth and longevity. First, our model …

interrelationship between health and wealth and the age of retirement. The decision to retire depends on a number of factors including … features in a computational model of optimal wealth and retirement decisions, solving the model household-by-household using … sizeable responses to the age of retirement but does not affect health outcomes very much. A 20 percent reduction in wealth …

decision. This decision is driven by wealth and substitution effects on labor supply, interacting with a fixed cost of working …

in England older households actually accumulate wealth. These differences appear to be driven largely, though not … entirely, by housing wealth: During the period we consider, house price growth drove increases in housing wealth in England … that more than offset the slow drawdown of nonhousing wealth. This suggests the illiquid nature of housing is likely to be …

known about relative wealth accumulation and the preparation of immigrants for retirement. This paper compares the … available resources. We find that immigrants have less wealth overall, but that they appear to be drawing down resources at a … slower rate. We attempt to make sense of the trends in annualized wealth with the help of a lifecycle framework that …

The composition, wealth, and employment of male veterans and nonveterans are analyzed for four cohorts from the Health … cohort, the wealth of veterans is no longer higher than the wealth of nonveterans. In contrast, the wealth of veterans from … the youngest cohort, those 51 to 56 in 2010, remains about 10 to 13 percent below the wealth of nonveterans from that …