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In this report, we present improved wealth measures for the Health and Retirement Study (HRS), which aim to reduce the … effect of observation error on wealth levels and changes in wealth. The new wealth measures take account of the asset … data reduce the standard deviations of wave-to-wave changes by substantial amounts (up to 57 percent for total wealth). The …
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spending. In the low-wealth population where spending did decline at higher rates, the main explanation for the decline appears …
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spending. In the low-wealth population where spending did decline at higher rates, the main explanation for the decline appears …
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the explanation for the retirement-consumption puzzle. Workers with substantial wealth both anticipated and recollected a …
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spending. In the low-wealth population where spending did decline at higher rates, the main explanation for the decline appears …
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