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pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … have lower (higher) expected standards of living in retirement, due to the uncertainty regarding intrahousehold resource … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement …
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I contribute new evidence on altruistic preferences in intergenerational transfers using variation in Social Security benefits induced by an inflation-indexing mistake. The instrument is most relevant for those with low education, so I focus on this group. I find support for pure altruism...
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In this paper, we develop and estimate a model of retirement and savings incorporating limited borrowing, stochastic … Health and Retirement Study (HRS), for whom we would expect social security income to be of particular importance. The … and normal retirement ages …
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