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pension wealth created by Poland's 1999 pension reform. Using the 1997-2003 Polish Household Budget Surveys, we begin by … estimating “difference-in-differences” regressions, where we compare household saving and expenditure across time and between … household saving. We also find heterogeneity in responses. For the middle-aged cohorts, we find a large public pension crowd …
Persistent link: https://www.econbiz.de/10012972107
pension wealth created by Poland's 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by … estimating "difference-in-differences" regressions, where we compare household saving and expenditure across time and between … household saving. We also find heterogeneity in responses. For the middle-aged cohorts, we find a large public pension crowd …
Persistent link: https://www.econbiz.de/10013026410
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … heterogeneity in the mean savings offset depending on age, risk attitudes and country. Third, the offset follows different patterns …
Persistent link: https://www.econbiz.de/10012842350
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … heterogeneity in the mean savings offset depending on age, risk attitudes and country. Third, the offset follows different patterns …
Persistent link: https://www.econbiz.de/10012859807
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … heterogeneity in the mean savings offset depending on age, risk attitudes and country. Third, the offset follows different patterns …
Persistent link: https://www.econbiz.de/10012156487
This paper examines the substitution between pension wealth and household saving by studying Norway's 2011 pension … reform. The analysis identifies the effect of reductions in social security pension generosity on household saving using … reform, which corresponds to a five-year increase in household saving of about 27,000 NOK. When taking into account the …
Persistent link: https://www.econbiz.de/10013370964
Persistent link: https://www.econbiz.de/10003854409
Persistent link: https://www.econbiz.de/10009512949
We propose a unified framework to measure the effects of different reforms of the pension system on retirement ages and macroeconomic indicators in the face of demographic change. A rich overlapping generations (OLG) model is built and endogenous retirement decisions are explicitly modeled...
Persistent link: https://www.econbiz.de/10011891939
the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … European Union (EU). It focuses on the relationship between the quality of domestic public pension schemes and household … savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined …
Persistent link: https://www.econbiz.de/10014529552