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research on gender inequality in access to self-employment, the gender gap in pensions, and the emerging topic of a gender gap …
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This paper explores impacts of recessions on private pensions and retirement savings in Canada. We estimate that the … recovery the recession would have reduced expected retirement income of future retirees by averages of 3.4% and 11.0% for DB … hypothetical economy with a recession once a decade. For DB plans, unemployment caused by recessions can reduce pensions by up to …
Persistent link: https://www.econbiz.de/10011184467
The gap between wealthy and poor is widening, in part due to the epochal rise in the value of financial assets. Middle‐class savers channel their monthly contributions into mutual funds, which in turn invest the money in stocks and bonds. These accounts then accumulate, and the gains are...
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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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