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This paper provides a two-part empirical analysis on how actuarial reduction rates for early retirement affect current pension payments in Germany and to what extent the existence and the magnitude of these reduction rates influence people s retirement planning. First, by evaluating a large...
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Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the … the savings position plays a crucial role, as the effects are especially pronounced for households that experienced a … decline in savings. This result contradicts a prediction from the life-cycle permanent income model with borrowing constraints …
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This article investigates the barriers to energy efficiency at the residential sector within one province in China and … explores patterns of household electricity consumption. The article presents the results of a survey questionnaire distributed … interviews of Liaoning government officials to determine the efficacy of their energy efficiency efforts in China. It then …
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In this paper, I am using the data from the 2013 Chinese Household Finance Survey (CHFS) to explore the impacts of … financial excluded/vulnerable subpopulations (rural, illiterate and migrant), in China. I find improving financial literacy … have diversified ways to support financial life after retirement. In addition, annual household disposable income, family …
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