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We study whether individuals with different personality traits systematically exhibit different retirement trajectories … with different traits are observed to follow different retirement paths when faced with similar physical demands, computer …, conscientiousness does not have the strongest association with retirement; the other components of the Big Five personality traits show …
Persistent link: https://www.econbiz.de/10012898368
.S. households apparently reduce consumption at retirement and the reduction cannot be explained by the life-cycle model. An … where consumers are forward looking. However, data on anticipated consumption changes at retirement and on realized … consumption changes following retirement show that the reductions are fully anticipated. Apparently, the decline is due to the …
Persistent link: https://www.econbiz.de/10014063922
The simple one-good model of life-cycle consumption requires that consumption be continuous over retirement; yet prior … research based on partial measures of consumption or on synthetic panels indicates that spending drops at retirement, a result … that has been called the retirement-consumption puzzle. Using panel data on total spending, nondurable spending and food …
Persistent link: https://www.econbiz.de/10005830074
We define and estimate measures of economic preparation for retirement based on a complete inventory of economic …
Persistent link: https://www.econbiz.de/10009151252
based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement …. The reduction cannot be explained by the simple one-good life-cycle model, so it has been referred to as the retirement …-consumption puzzle. An interpretation is that at retirement individuals discover they have fewer economic resources than they had …
Persistent link: https://www.econbiz.de/10005526964
based on partial spending and on synthetic panels, British and U.S. households apparently reduce consumption at retirement …. The reduction cannot be explained by the simple one-good life-cycle model, so it has been referred to as the retirement …-consumption puzzle. An interpretation is that at retirement individuals discover they have fewer economic resources than they had …
Persistent link: https://www.econbiz.de/10005775081
The simple one-good model of life-cycle consumption requires that consumption be continuous over retirement; yet prior … research based on partial measures of consumption or on synthetic panels indicates that spending drops at retirement, a result … that has been called the retirement-consumption puzzle. Using panel data on total spending, nondurable spending and food …
Persistent link: https://www.econbiz.de/10005545471
The Health and Retirement Study (HRS) and a number of other major household surveys use unfolding brackets to reduce …
Persistent link: https://www.econbiz.de/10005601510
.S. households apparently reduce consumption at retirement and the reduction cannot be explained by the life-cycle model. An … where consumers are forward looking. However, data on anticipated consumption changes at retirement and on realized … consumption changes following retirement show that the reductions are fully anticipated. Apparently the decline is due to the …
Persistent link: https://www.econbiz.de/10005429888
According to the life-cycle model, mortality risk will influence both retirement and the desire to annuitize wealth …. The authors estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security …
Persistent link: https://www.econbiz.de/10005729495