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-quarter of total household wealth in Europe provides further corroboration for this finding. …In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and …
Persistent link: https://www.econbiz.de/10015047840
This paper examines the retirement decisions of Italian households using data from the Survey on Household Income and … Wealth (SHIW) for 2008. The analysis focuses on the adequacy of pension wealth, knowledge of supplementary retirement rules …, the determinants of enrollment decisions and workers' propensity to convert their wealth into an annuity at retirement …
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While the Panel Study of Income Dynamics (PSID) has much to offer researchers studying household behavior, one … limitation is that its summary measure of wealth is not as broad as those of other commonly used surveys, such as the Survey of … pension data available in the PSID and shows how they can be used to create a more comprehensive picture of household finances …
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using an example with U.S. market returns which leads to wealth depletion after a thirty-year retirement. We show how minor … spending adjustments can lead to dramatically different outcomes for remaining investment wealth at the end of the thirty …
Persistent link: https://www.econbiz.de/10012857940
In this article we discuss the state of the literature relating to the decumulation of retirement wealth and the … medical expense risks have been shown to be able to rationalize retirees’ wealth, income, and consumption trajectories. On the …
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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