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Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Preface -- Chapter 1 Two Lives Become One -- Chapter 2 Ground Rule 1: Save -- Chapter 3 Women, Winning in Wealth -- Chapter 4 Ground Rule 2: Invest -- Chapter 5 Wall Street Unwound -- Chapter 6 Ground Rule 3: Your Plan -- Chapter 7...
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A tighter monetary policy is generally associated with higher real interest rates on deposits and loans, weaker performance of equities and real estate, and slower growth in employment and wages. How does a household's exposure to monetary policy vary with its age? The size and composition of...
Persistent link: https://www.econbiz.de/10012604303
This paper studies the life-cycle effects of favorable marginal tax treatment of older workers on their optimal life cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of a representative agent is divided into three distinct...
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We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over the life cycle when one faces not only idiosyncratic income risks, but also changes in longevity risk and pension benefits. We pick China as a case study since China has...
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We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
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