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In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity approach, and make the identifying assumption that consumption would be the same …
Persistent link: https://www.econbiz.de/10003754525
Persistent link: https://www.econbiz.de/10003912220
Persistent link: https://www.econbiz.de/10003936395
Inclusion of means testing into age pension programs allows governments to better direct benefits to those most in need and to control funding costs by providing flexibility to control the participation rate (extensive margin) and the benefit level (intensive margin). The former is aimed at...
Persistent link: https://www.econbiz.de/10013119815
public finances, whenever retirement consumption drops below a minimum level. Within this framework, I discuss optimal …
Persistent link: https://www.econbiz.de/10013017443
public finances, whenever retirement consumption drops below a minimum level. Within this framework, I discuss optimal …
Persistent link: https://www.econbiz.de/10013147282
In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity design approach, and make the identifying assumption that consumption would be the …
Persistent link: https://www.econbiz.de/10014222518
Using a series of experiments, we examine whether the additional opportunity to save retroactively for retirement at …
Persistent link: https://www.econbiz.de/10014236040
Using a series of experiments, we examine whether the additional opportunity to save retroactively for retirement at …
Persistent link: https://www.econbiz.de/10013450601
model children are concerned with parents' old-age consumption, agents have incentives to save less for old age and to have …
Persistent link: https://www.econbiz.de/10014086021