Showing 1 - 10 of 2,499
. Single women fared particularly poorly on retirement savings outcomes. A range of possible theoretical links between marriage …
Persistent link: https://www.econbiz.de/10013112276
We analyze the impact of population aging on Japan’s household saving rate and on its public pension system and the … impact of that system on Japan’s household saving rate and obtain the following results: first, the age structure of Japan …’s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …
Persistent link: https://www.econbiz.de/10003490425
One important parameter in the decision process when buying a private annuity is individuals' subjective life expectancy, because it directly infuences the expected rate of return. We examine the market for private annuities in Germany and evaluate potential selection effects based on subjective...
Persistent link: https://www.econbiz.de/10010340956
Using a model where households can save in either a safe asset or in an illiquid, tax-advantaged pension, we assess the extent to which those who recently reached the state pension age in the UK have saved optimally for retirement. The policy environment specified closely matches that prevailing...
Persistent link: https://www.econbiz.de/10010402536
level of living standards in both working life and retirement. We use a life-cycle model of consumption and saving to … private retirement saving. In this paper, we present the first assessment of the optimality of the retirement resources of …
Persistent link: https://www.econbiz.de/10010402537
There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no personal assets. In this paper, we investigate the...
Persistent link: https://www.econbiz.de/10009298377
questions in economics that has been surprisingly difficult to answer. We use both consumption data and a new dataset containing … question. We find evidence of a positive relationship between saving rates (and wealth accumulation) and levels of permanent … income. Our findings are consistent with earlier results from Dynan, Skinner and Zeldes (2004) using consumption data from …
Persistent link: https://www.econbiz.de/10010222359
We use a confirmatory factor analysis to study the relation between the importance of a broad spectrum of saving … motives, such as saving for retirement, and saving behavior. Survey data show that many respondents save for retirement in …
Persistent link: https://www.econbiz.de/10013117290
There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no personal assets. In this paper, we investigate the...
Persistent link: https://www.econbiz.de/10013119479
There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no personal assets. In this paper, we investigate the...
Persistent link: https://www.econbiz.de/10013120915