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been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … reinforced by wealth and earned income. …
Persistent link: https://www.econbiz.de/10010239270
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been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … reinforced by wealth and earned income …
Persistent link: https://www.econbiz.de/10013058740
remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393
their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average … the migrant wealth gap of first generation migrant household. For second generation migrant households, inheritances have … migrant wealth gap between migrant and native households. However, the raw gap is almost negligible for second generation …
Persistent link: https://www.econbiz.de/10012598465
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In January 2006, the Dutch government implemented a pension reform that substantially reduced the public pension wealth … between private and public wealth. On the other hand, there is a group of mostly high-wage workers who participate in the tax …-facilitated Life Course Savings Scheme and who increase private savings to fully counter the impact of the drop in public wealth. A …
Persistent link: https://www.econbiz.de/10011876086
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