A growing literature explores reasons for rising wealth inequality, but disregards the role of pension systems despite … decrease in the former but increase under the latter system. Unlike most nations, Denmark has seen a decline in wealth …

-country level. -- Households` wealth ; pension liabilities ; pension entitlements ; household saving … picture of households’ wealth. In this course it will become mandatory for European countries to publish annual estimates of …-country comparison for 18 EU countries of this new pension wealth figures and discuss a number of possible applications for policy makers …

China's household saving rate has increased markedly since the mid-1990s and the agesaving profile has become U … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension …

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 … cohort, time and sector variation in pension wealth induced by the reform. Our study focuses on saving behavior between ages …

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 …

Gross pension wealth shows the size of the lump sum that would be needed to buy a flow of pension payments equivalent …

Net pension wealth is the present value of the flow of pension benefits, taking account of the taxes and social …