We quantify the size and tax-responsiveness of financial transfers made to heirs before death. The wealth of singles … to children, while long-term care copayments can explain the remainder. Tax-reducing transfers are made across the wealth …

utility to differ between households with and without offspring. Our estimates imply a very strong utility of residual wealth …-quarters of aggregate wealth at age 85. More surprisingly, we estimate similar utility of residual wealth for households with and … without offspring. We interpret this as, prima facie, evidence that the utility of residual wealth represents forces beyond an …

stylized facts on saving behavior by age, education, income and place of residence. Counterfactual saving rates are computed by … imposing the saving behavior, the population distribution or the income distribution of two benchmark economies (the United … States and Korea). The results suggest that the difference in national saving rates between LAC and the benchmark economies …

, Paraguay and Peru. On the other hand, no differences are found in saving rates by lifetime income or wealth in Bahamas, Chile … education level of his/her partner. Second, using information on home assets, the paper constructs a wealth index. There is … evidence that the richest households save more in Argentina, Bolivia, Brazil, Costa Rica, Ecuador, Honduras, Mexico, Panama …

individuals in households with high current needs. These low MPCs may be a consequence of the prevailing economic uncertainty …

% on average. They are higher, but still modest, for individuals in households with high current needs. These low MPCs may …

individuals in households with high current needs. These low MPCs may be a consequence of the prevailing economic un …

We use household-level data from the Household Budgetary Survey to study the saving patterns of Maltese households. We … probability of saving is actually highest among households with low education. We interpret these findings through the … sheds further light on the saving intensity of households based on their characteristics. These findings can inform both …

Why are some people wealth rich while others are poor? To what extent can governments affect inequality? Which … wealth inequality can help us to understand and quantify the determinants of the outcomes that we observe in the data and to … medical-expense risk are crucial determinants of savings and wealth inequality and that we need to look at more data to …

We examine the extent to which owner-occupiers in their 50s and 60s change their private pension saving when they … mortgage expenditures falling by over £200 per person on average, there is little resulting change in average pension saving … pension saving by more than £150 increases by only 5 percentage points on completing repayment of a mortgage. This suggests …