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We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...
Persistent link: https://www.econbiz.de/10010332306
income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … are drawn from the CentER Savings Survey, which consists of a representative and a highest-income-decile sample of Dutch … households. The survey contains rich information on house-hold wealth, pension rights and savings attitudes. A result of the …
Persistent link: https://www.econbiz.de/10010262338
Housing is an important sector of the economy. It has widespread implications for investment, banking, saving and employment. Home ownership has been linked to building social capital and a sense of community. Furthermore housing equity is a significant element of retirement accumulation for...
Persistent link: https://www.econbiz.de/10012115603
pay-as-you-go universal pension. In addition, the model allows for a compulsory private retirement savings scheme …
Persistent link: https://www.econbiz.de/10012115681
Das Rentenversicherungssystem wird infolge der demographischen Entwicklung auch in Zukunft unter erheblichem Druck stehen. Wenn immer weniger Erwerbstätige die Rente von immer mehr Rentnerinnen und Rentnern finanzieren müssen, wird dies bei gleichbleibendem Rentenniveau zu steigenden...
Persistent link: https://www.econbiz.de/10011314997
fortsetzt. Daher halten wir Forderungen nach einer Stärkung der privaten Altersvorsorge für inadäquat, um die Alterungskosten … Gerechtigkeitsdefizit in der Altersvorsorge beseitigt. Gegenüber der Alternative von Beitragssatzsteigerungen bei gleichzeitigen …
Persistent link: https://www.econbiz.de/10012285836
Persistent link: https://www.econbiz.de/10010290880
, weaker restrictions may be a more effective means of changing behavior. We test this using a school-based commitment savings … which savings are available for cash withdrawal but intended for educational expenses. The weaker commitment generates … increased savings in the program accounts and when combined with a parent outreach program, higher expenditures on educational …
Persistent link: https://www.econbiz.de/10010369084
savings accounts. We analyze the behavioral and welfare effects of compulsory savings accounts in an intertemporal model with …
Persistent link: https://www.econbiz.de/10010320895
The ratio of pension assets to GDP in Denmark is the highest among OECD countries. Danish pension funds invest more than half of the country's pension wealth in foreign assets, giving rise to exchange rate risks that are managed using financial instruments. We study the currency hedging...
Persistent link: https://www.econbiz.de/10014564104