Showing 1 - 10 of 3,583
Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the … average wealth accumulation rate of the retired elderly in Europe is positive though relatively moderate (6.6% over a 3-year …
Persistent link: https://www.econbiz.de/10013388826
When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high … insurance in aging populations but to put structure on these debates. We formulate a large set of models which we use for … pension systems and population aging which defines the fundamental accounting restrictions which population aging imposes on …
Persistent link: https://www.econbiz.de/10014023471
When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high … insurance in aging populations but to put structure on these debates. We formulate a large set of models which we use for … pension systems and population aging which defines the fundamental accounting restrictions which population aging imposes on …
Persistent link: https://www.econbiz.de/10012981855
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We …
Persistent link: https://www.econbiz.de/10012249285
to the aging of the US population; however, lower productivity growth would result in higher optimal pension payments. In …
Persistent link: https://www.econbiz.de/10010477151
Together, pensions, social security and health insurance account for half of the wealth held by all households in the … Health and Retirement Study (HRS), for 60 percent of total wealth of HRS households who are in the 45th to 55th wealth … percentiles, and even for 48 percent of wealth for those in the 90th and 95th wealth percentiles. The HRS surveys households aged …
Persistent link: https://www.econbiz.de/10014043164
This paper studies the impact of an unfunded social security system on the distribution of bequests in a framework where savings are due both by life cycle and by random altruistic motivations. We show that the impact of social security on the distribution of bequests depends crucially on the...
Persistent link: https://www.econbiz.de/10014151739
households, including the observed concentration of wealth in the family home in Australia, and the slow decumulation of wealth …
Persistent link: https://www.econbiz.de/10013083428
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and … decrease fertility less. Finally, the effects of the social security tax on capital per worker are negative with mandatory …
Persistent link: https://www.econbiz.de/10011994093
We analyze the impact of population aging on Japan’s household saving rate and on its public pension system and the …’s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …-as-you-go nature of the public pension system, combined with rapid population aging, created considerable intergenerational inequities …
Persistent link: https://www.econbiz.de/10003490425