Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … results indicate that private pensions in the US crowd out less than $0.15 of household saving per dollar of pension wealth …

and household welfare. Special attention is paid to methodological issues on how to design a module and operationalize … and discuss a generic household module that can be easily inserted into future socio-economic surveys implemented in …