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We study, both empirically and quantitatively, the role of savings and the labor supply inself-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …
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This report uses two new data sources to provide insights on the evolution of retirement savings over the past three … Financial Accounts (DFA) provide estimates of both household savings in retirement accounts and any benefits households accrued … under a traditionally defined benefit pension. The DFA data show that, from 1989 through 2016, household retirement savings …
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Increased policy and academic attention has been placed on promoting retirement savings early in the life course. This … study investigates the extent to which retirement savings behavior among young persons, a population for which retirement … savings is important but typically low, differs by marital status. We draw national survey data on young adult households …
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Canadian tax rules allow accumulation of retirement savings in “tax assisted” plans, including defined-benefit (DB … class” incomes, who will not receive enough pension income from programs such as Old Age Security (OAS) and the Canada …
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