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How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We...
Persistent link: https://www.econbiz.de/10009766250
research on gender inequality in access to self-employment, the gender gap in pensions, and the emerging topic of a gender gap …
Persistent link: https://www.econbiz.de/10014025339
This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement …
Persistent link: https://www.econbiz.de/10012297945
This paper studies the labour force participation dynamics of older couples in the United States. Longitudinal data from the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by considering both spouses? behavior provide additional...
Persistent link: https://www.econbiz.de/10010261564
This paper studies the labour force participation dynamics of older couples in the United States. Longitudinal data from the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by considering both spouses' behavior provide additional...
Persistent link: https://www.econbiz.de/10013319821
This paper combines income and expenditure with time use data to provide a unique picture of the labour supplies, household production, saving and consumption decisions of two-adult households over a life cycle defined in terms of the presence and ages of children. The study also draws on data...
Persistent link: https://www.econbiz.de/10013143854
This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced … investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated … amount of these savings. Results indicate a positive effect for Extraversion and a negative effect for Agreeableness on the …
Persistent link: https://www.econbiz.de/10011527294
This paper analyzes private retirement savings, the amount for German individuals and how these savings are influenced … investigated how the Big-Five and the Locus of Control influence the decision to have private retirement savings, and the estimated … amount of these savings. Results indicate a positive effect for Extraversion and a negative effect for Agreeableness on the …
Persistent link: https://www.econbiz.de/10011538182
decades. Voluntary savings for retirement will therefore gain more and more relevance in order to maintain one’s standard of … living during retirement. This article examines the savings behavior for retirement on an individual level in Germany. As a …
Persistent link: https://www.econbiz.de/10010517686
One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection effects based on subjective...
Persistent link: https://www.econbiz.de/10010340956