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seems to undersave for retirement. Of particular concern is the relative position of older women, who are more vulnerable to … financial literacy in the 2004 Health and Retirement Study. It shows that women display much lower levels of financial literacy … than the older population as a whole. In addition, women who are less financially literate are also less likely to plan for …
Persistent link: https://www.econbiz.de/10012464898
Labor force participation rates of college-educated women ages 60 to 64 increased by 20 percent (10 percentage points …) between 2000 and 2010. One potential explanation for this change stems from the fact that fewer college-educated women in the … more recent cohorts were ever teachers. This occupational shift could affect the length of women's careers because teaching …
Persistent link: https://www.econbiz.de/10012455982
an increase in the median time to remarriage of 3.5 years. Among older women and women with children, this effect is … substantially greater. This indicates that women were willing to substitute away from marriage if the alternatives were favorable … enough, suggesting that changes in the desirability of marriage to women may account for some of the aggregate patterns of …
Persistent link: https://www.econbiz.de/10012458465
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a … paper introduces a recently-developed longitudinal survey of individual respondents in Chile, the Social Protection Survey …
Persistent link: https://www.econbiz.de/10012466264
There are many sources of political risk to public provision of pensions. This paper analyzes legislation to alter the retirement income system. This approach naturally recognizes that some changes in the system are good responses to social risks, while others generate such risks. Thus the...
Persistent link: https://www.econbiz.de/10012474012
Persistent link: https://www.econbiz.de/10001388786
In an earlier paper we analyzed a method of combining traditional tax financed pay-as-you-go Social Security benefits with annuities financed by Personal Retirement Accounts. We showed that such a combination could maintain the level of retirement income projected in current Social Security law...
Persistent link: https://www.econbiz.de/10012470983
We present a detailed analysis of the incentives that Social Security provides for continued work at older ages. We do so using information on older males from the Health and Retirement Study over the 1980-1997 period to calculate the changes in the present discounted value of Social Security...
Persistent link: https://www.econbiz.de/10012471116
women, and when examined at the level of the family, from primary to secondary earners. When families are arrayed according …
Persistent link: https://www.econbiz.de/10012471172
in these households when elder women reach 60 years old or elder mean reach 65, the respective ages for pension …-quite different from the one it originally targeted-elderly men and women …
Persistent link: https://www.econbiz.de/10012471175