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Recent social spending inflation in China has led to its growth rate far exceeding that of income and other consumption. In this paper, we estimate private returns to social spending, such as higher social status and larger social network that serve as certain functions. In almost all...
Persistent link: https://www.econbiz.de/10009443729
We examine common asset allocation strategies for retirement investing, considering both static and dynamic approaches … their clients until approximately 10 years prior to a client's retirement, at which point a more conservative allocation …
Persistent link: https://www.econbiz.de/10009462179
of the work itself. During his lecture, he talks about: accounting tools, Fiat car designers, Japan and retirement …
Persistent link: https://www.econbiz.de/10009429635
In this paper we analyse the role that Social Security wealth and incentives play in the transition to retirement in … at old age and investigate the role played by such incentives and by other socio-economic variables on the retirement … stricter in general. We carry out a dynamic reduced-form analysis of the retirement decision using a duration model. Our …
Persistent link: https://www.econbiz.de/10012530258