Narrow search
Showing 1 - 10 of 776
Cover Image
Does the selfish life-cycle model apply in the case of Japan?
Horioka, Charles - 2020
prevalence of bequests, bequest motives, tests of altruism, and the importance of borrowing (liquidity) constraints and show that …
Persistent link: https://www.econbiz.de/10012195738
Cover Image
Why do Europeans save? : micro-evidence from the household finance and consumption survey
Horioka, Charles; Ventura, Luigi - 2024
-cycle model as well as saving motives that are consistent with the altruism model are important in Europe implies that the two … suggests that this model is far more applicable in Europe than is the altruism model. Moreover, our finding that the … intergenerational transfers motive, which is the saving motive that most exemplifies the altruism model, accounts for only about one …
Persistent link: https://www.econbiz.de/10015047840
Cover Image
Does the selfish life-cycle model apply in the case of Japan?
Horioka, Charles - 2020
Persistent link: https://www.econbiz.de/10012395578
Cover Image
Does the selfish life-cycle model apply in the case of Japan?
Horioka, Charles - 2020
Persistent link: https://www.econbiz.de/10012309447
Cover Image
Understanding interhousehold transfers in a transition economy : evidence from Russia
Kuhn, Randall; Stillman, Steven - 2002
This paper uses data from the Russian Longitudinal Monitoring Survey to describe and model the determinants of interhousehold transfers. Russian households have experienced large reductions in income during the post-Soviet transition period, with a particularly severe decline occurring in the...
Persistent link: https://www.econbiz.de/10011413334
Cover Image
Parameter Assumptions in Normative Analyses of Household Financial Decisions
Hanna, Sherman D. - 2012
Normative analyses of household financial decisions typically assume parameters of the household utility function. Some general issues on parameter assumptions for normative analysis are discussed in this study. We review selected normative household analyses appearing in finance and economics...
Persistent link: https://www.econbiz.de/10013097856
Cover Image
Household Consumption at Retirement : A Regression Discontinuity Study on French Data
Moreau, Nicolas - 2013
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife, thus distinguishing households in which the wife is a...
Persistent link: https://www.econbiz.de/10013073440
Cover Image
How Does the Level of Household Savings Affect Preference for Immediate Annuities?
Banerjee, Sudipto - 2017
With the decline of defined benefit (DB) pension plans, there has been some renewed interest in providing other annuity income options to American workers, but demand for annuities has remained low in the United States. To develop future annuity income solutions, it is important to understand...
Persistent link: https://www.econbiz.de/10012963108
Cover Image
Differences in Out-of-Pocket Health Care Expenses of Older Single and Couple Households
Banerjee, Sudipto - 2016
This paper examines in detail the differences in out-of-pocket health care spending between couple and single older households. The data for this paper come from the Health and Retirement Study (HRS), a study of a nationally representative sample of U.S. households with individuals over age 50....
Persistent link: https://www.econbiz.de/10013000251
Cover Image
Seniors’ Home Equity Extraction : Credit Constraints and Borrowing Channels
Moulton, Stephanie - 2019
Households borrow against home equity through different types of mortgages: closed end home equity loans or revolving lines of credit, cash-out refinancing, and—for senior homeowners—reverse mortgages. The objective of this study is to identify how borrowing constraints and the lending...
Persistent link: https://www.econbiz.de/10012903634