suggest desirable new annuity products since annuities that lower the cost of the existing consumption plan necessarily …

A central justification for social insurance and for other policies aimed at retirement savings is that individuals may … consumption taxation and income-based transfer programs. For example, might myopic individuals, as a first approximation, view … payroll taxes and other withholding to fund retirement savings as akin to an income tax, while largely ignoring the distant …

that household consumption drops after a child moves out of a household, while at the same time, per capita consumption …

economic shocks, and it also explores how people may react by changing their consumption, saving and investment, work and … both short- and long-term consumption, boost work effort, and defer retirement. Younger cohorts will initially reduce their … work hours, consumption, saving, and equity exposure; later in life, they will work more, retire later, consume less …