utility to differ between households with and without offspring. Our estimates imply a very strong utility of residual wealth …-quarters of aggregate wealth at age 85. More surprisingly, we estimate similar utility of residual wealth for households with and … without offspring. We interpret this as, prima facie, evidence that the utility of residual wealth represents forces beyond an …

wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using …

household portfolio allocation are collected from the HINK surveys for the period 1982-1992, and portfolio shares of different …

a new panel survey (SOFIE) to study housing wealth in household portfolios. It then estimates the rates of saving that … selected comparator countries; • Housing represents a major share of household wealth, and this share has risen in line with … housing, saving, wealth accumulation and retirement. The results of this contribute to Treasury's role in providing advice to …

savings, investments and debts by couple members, and how these vary by individual and household characteristics. A particular …This paper builds on the existing literature about the distribution of financial resources within the household between … couple members. Using data from the British Household Panel Study (BHPS) we examine the ownership of, and amounts held in …

. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that … life cycle consumption behaviour are resolved. Secondly, we stress the importance of the heterogeneity of household …

the Netherlands in the period 1995 through 2001, we analyse the impact of wealth, savings, and debt position on job exit …Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life …

through 2001, we analyse the impact of wealth, savings, and debt position on job exit rates. We find evidence for a positive …In the literature theoretical models have appeared that predict a positive impact of the level of individual wealth on … to accumulate wealth throughout their working life and whose residual working life is relatively short. In the …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tighening of …

' savings for retirement. We consider voluntary accounts as opposed to mandatory accounts with minimum contribution rates. We …