Showing 1 - 10 of 7,018
economics that provide opposing predictions regarding the impact of uncertainty on retirement savings contributions. Our results … that individual's financial constraints. In particular, we find that uncertainty increases retirement contributions for …Deciding how much to save for retirement is a difficult task that includes many uncertainties. In this paper, we use …
Persistent link: https://www.econbiz.de/10010326496
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …
Persistent link: https://www.econbiz.de/10010325344
The current study examines the way people deal with financial decisions. The purpose of this study is to explore the role of financial consulting in the decision making process and the complex decision dynamics in the run up to a decision. Data for this study were collected through a series of...
Persistent link: https://www.econbiz.de/10011590069
-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking … model, showing that the possession of retirement saving accounts among spouses is positively correlated, hinting at a …. These results additionally show a "crowding-in" of total retirement savings amounts between spouses, probably due to some …
Persistent link: https://www.econbiz.de/10011589410
disparate effects by age. We find that those approaching retirement age (aged 55 to 64) experienced reduced life … approaching retirement age, but not of younger working-age adults, is closely correlated with wealth indices (e.g., the Case …
Persistent link: https://www.econbiz.de/10011653180
retirement security, enhancing welfare by up to 20% of retiree plan accruals. …
Persistent link: https://www.econbiz.de/10011936359
-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in … possession of retirement saving accounts among spouses is positively correlated, hinting at a 'crowding-in' of saving accounts … 'crowding-in' of total retirement saving amounts between spouses, probably due to some 'recognition effect'. The unitary model …
Persistent link: https://www.econbiz.de/10011438932
Long-run saving dynamics are a crucial component of consumption-saving behavior. This paper makes two contributions to the consumption literature. First, we exploit inheritance episodes to provide novel causal evidence on the long-run effects of a large financial windfall on saving behavior. For...
Persistent link: https://www.econbiz.de/10013208751
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 … out to be less likely to save additionally privately for retirement. In a second step the chosen gross saving rates are …
Persistent link: https://www.econbiz.de/10010520590
times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …
Persistent link: https://www.econbiz.de/10010331007