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Gender Differences in Covid-19 Related Attitudes and Behavior : Evidence from a Panel Survey in Eight OECD Countries

Galasso, Vincenzo - 2020

Using original data from two waves of a survey conducted in March and April 2020 in eight OECD countries (N = 21,649), we show that women are more likely to see COVID-19 as a very serious health problem, to agree with restraining public policy measures adopted in response to it, and to comply...

Persistent link: https://www.econbiz.de/10012831280

How Financially Literate are Women? An Overview and New Insights

Bucher-Koenen, Tabea - 2015

We document strikingly similar gender differences in financial literacy across countries. When asked to answer questions that measure knowledge of basic financial concepts, women are less likely than men to answer correctly and more likely to indicate that they do not know the answer. In...

Persistent link: https://www.econbiz.de/10013031209

Financial Literacy and Retirement Planning in Germany

Bucher-Koenen, Tabea - 2011

We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial … concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education … and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly …

Persistent link: https://www.econbiz.de/10013123985

Managing Contribution and Capital Market Risk in a Funded Public Defined Benefit Plan : Impact of Cvar Cost Constraints

Maurer, Raimond - 2010

Using a Monte Carlo framework, we analyze the risks and rewards of moving from an unfunded defined benefit pension system to a funded plan for German civil servants, allowing for alternative strategic contribution and investment patterns. In the process we integrate a Conditional Value at Risk...

Persistent link: https://www.econbiz.de/10012758393

Health, Financial Incentives, and Early Retirement : Micro-Simulation Evidence for Germany

Juerges, Hendrik - 2014

decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …

Persistent link: https://www.econbiz.de/10013059094

Liquidity in Retirement Savings Systems : An International Comparison

Beshears, John - 2015

What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...

Persistent link: https://www.econbiz.de/10013022597

Propagation and Smoothing of Shocks in Alternative Social Security Systems

Auerbach, Alan J. - 2013

Even with well-developed capital markets, there is no private market mechanism for trading between current and future generations, so a potential role for public old-age pension systems is to spread economic and demographic shocks among different generations. This paper evaluates the smoothing...

Persistent link: https://www.econbiz.de/10013080219

Do Savings Increase in Response to Salient Information About Retirement and Expected Pensions?

Dolls, Mathias - 2016

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. As of 2004, the German pension authority started to send out annual letters providing detailed and comprehensible information about the pension system...

Persistent link: https://www.econbiz.de/10012982037

Private Pensions and Public Pensions : Theory and Fact

Blinder, Alan S. - 2008

An economic theory of public and private pensions is developed, and the implications of the theory are compared with some empirical evidence, of both the econometric and casual varieties. Among the questions addressed are: why are there private pensions? why have they grown so rapidly in recent...

Persistent link: https://www.econbiz.de/10012774854

Pension Plan Characteristics and Framing Effects in Employee Savings Behavior

Card, David - 2007

In this paper we document the importance of framing effects in the retirement savings decisions of college professors. Pensions in many post-secondary institutions are funded by a combination of an employer contribution and a mandatory employee contribution. Employees can also make tax-deferred...

Persistent link: https://www.econbiz.de/10012776456

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