achieving net savings every year since its implementation in 2004. However, while the estimated eff ect on health care … cant. In the fi fth year, results for net savings are sensitive in terms of statistical signifi cance when accounting for …

impatience are found to be significant redictors of health related field behavior and saving decisions. In particular, more …

impatience are found to be significant predictors of health related field behavior and saving decisions. In particular, more …

impact of survival on the return of their savings. We also claim that because of its non-monetary form, effort is not … of annuitized savings is desirable for both types. This tax is higher for the low-survival individual. Under asymmetric …

precautionary savings. The different returns to saving faced by agents with different levels of wealth, caused by missing capital … markets, lead to two-peaked wealth distributions and high inequality. The precautionary savings, affected by the level of … level is higher in the high-risk steady states because of precautionary saving. The wage may in fact be so much higher that …

This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions … behaviour in respect of female labour supply and saving, and provide evidence to show that these are very closely related across …

We show how optimal saving in a two-period model is affected when prudence and risk aversion of the underlying utility … function change. Increasing prudence alone will induce higher savings only if, for certain combinations of the interest rate …

through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive …

We analyse life-cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the … underlying intertemporal optimization problem. We simulate life-cycle saving decisions using three simple rules and compute … following simple decision rules are relatively low. Moreover, the two main saving motives re ected by the canonical life …