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We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as they aged. We focus on low-income older adults and follow them over time to identify the factors associated with having low income at baseline and thereafter. We find that (a)...
Persistent link: https://www.econbiz.de/10013218049
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We examine respondents in the Health and Retirement Study (HRS) to observe how their financial situations unfolded as they aged. We focus on low-income older adults and follow them over time to identify the factors associated with having low income at baseline and thereafter. We find that (a)...
Persistent link: https://www.econbiz.de/10014351866
market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 … financial markets on the labor market. Using a simultaneous equation framework and household data from the Bank of Italy between … European unification and other institutional shifts. These events make Italy a good laboratory to study the effects of …
Persistent link: https://www.econbiz.de/10011413857
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market. We take the case of Italy, a country that experienced changes in the mortgage market brought about by the 1992 … financial markets on the labor market. Using a simultaneous equation framework and household data from the Bank of Italy between … European unification and other institutional shifts. These events make Italy a good laboratory to study the effects of …
Persistent link: https://www.econbiz.de/10013320389
This paper examines data on financial sophistication among the U.S. older population, using a special-purpose module implemented in the Health and Retirement Study. We show that financial sophistication is deficient for older respondents (aged 55+). Specifically, many in this group lack a basic...
Persistent link: https://www.econbiz.de/10009572844
"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. Relatively little is known about why people fail to plan for retirement and whether planning and information costs might affect...
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